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Profile skildude
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Message 1280711 - Posted: 6 Sep 2012, 20:05:32 UTC - in response to Message 1280513.  

US pennies are copper covered Zinc. IIRC they are 97% zinc. also IIRC the sinc in the coins is now becoming more valuable. what's the next cheapest metal?


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Message 1281056 - Posted: 7 Sep 2012, 16:06:10 UTC - in response to Message 1280721.  

Not entirely sure Skil, but congrats upon the 100 Mill combined :-)

Thanks I knew I was getting close but hadn't realize I passed it.


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Message 1281078 - Posted: 7 Sep 2012, 17:01:19 UTC - in response to Message 1280975.  

Why is Putin stockpiling gold?

Guy, he's speculating you or someone will trade it for something of more value in the future.
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Message 1281146 - Posted: 7 Sep 2012, 19:10:06 UTC - in response to Message 1281078.  

The old soviet union stockpiled gold and other valuable items. I assume to sell or barter with if needed. Note that the old soviet system failed in part because of a lack of income/revenue all the while still having massive material wealth

Putin is a creature of the old system. nuf said


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Message 1281151 - Posted: 7 Sep 2012, 19:31:07 UTC - in response to Message 1280975.  

Another reason is that perhaps his view of political power and how to obtain it and retain it is close to a select group of people, including those in the West.


Why is Putin stockpiling gold?

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Message 1281218 - Posted: 7 Sep 2012, 23:57:51 UTC - in response to Message 1280975.  

Why is Putin stockpiling gold?

Actually an interesting read.
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Message 1282232 - Posted: 10 Sep 2012, 14:49:27 UTC

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Message 1282358 - Posted: 10 Sep 2012, 19:58:20 UTC - in response to Message 1282242.  

Guy. another consequence of returning to the gold standard would be the catastrophic collapse of the world economy. Perhaps that is one of the factors behind the 'political environment' -- it may be that the number of people who really want a world economic collapse are quite few.
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Message boards : Politics : Gold


 
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