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Old 10-25-2012, 11:42 PM   #62 (permalink)
Christ
Moderate your Moderation.
 
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Quote:
Originally Posted by suspectnumber961 View Post
Gas prices at the pump have gone up LESS since 02 than the overall basket of goods when inflation is defined by ShadStats.

But then due to ethanol...there is a cost there that is shifted from gas to food? You pay less for gas...more for food?

There is a very high subsidy for oil...a Trillion $ for the Iraq war?

Then there are other subsidies for the oil industry.

Pay for your gas in gold?

Chart: Gasoline price relative to gold | B.S. Footprint



.....

As mentioned above.....WATCH THIS VIDEO.....

Lest we forget that the price of gold is also speculative, since there hasn't been a Gold shares audit in years.

Chavez did it right commanding his country's Gold wealth be brought back to home land, and Germany's following suit, repatriating 50 million ton (I believe) per year and forcing audits of their foreign held Gold supply.

Just wait for the halestorm when speculative investors and "gold share" investors (owners of non-physical gold rights) realize their investments just "aren't there" to collect...

Worse yet, watch the melt price of gold SKYROCKET in the next 10 or so years as more countries repatriate their gold supplies from foreign Banks and subsidiaries and realize that some part of their "share" of national wealth had actually been shared between other countries, and some other part of it may have just "vanished".

Copy this post and put it on your fridge. It's GOING to happen.
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