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    I love it when the goofy kettle correctly calls...

    I love it when the goofy kettle correctly calls the pot black. Warren always seems to press a good argument and a good phrase - but I still would not give her a dime for a dance. (or a vote).
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    That's ok. All the matrices of the Modern...

    That's ok. All the matrices of the Modern Monetary economic and monetary theory are "in-line". War might be an incidental reset for the global elite. Of course, we'll bear the physical pain but...
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    F.A.Hayek stated what is now the obvious to some...

    F.A.Hayek stated what is now the obvious to some but still not understood (or unconcerned about) by others. Price Discovery resolves itself in the marketplace and a free market, in kind resolves...
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    Thanks for your input. So an ounce of gold held...

    Thanks for your input. So an ounce of gold held in reserve at the BIS at current "spot" ~1900.
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    But, if, I hold reserves in FRN, vs Gold but...

    But, if, I hold reserves in FRN, vs Gold but select to hold in "both" assets, how do I measure, equate the value between the two ? If a bank holds 15% - half in cash and the remainder in gold, how...
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    I'm trying to recall. Is gold a tier 1 asset at...

    I'm trying to recall. Is gold a tier 1 asset at the BiS? If so, at what value vs other assets?
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    I was more referring to the possibility of the...

    I was more referring to the possibility of the removal of capital gains taxes (28%). I would think not as it would popularize gold purchases and growth in attention which would actually undermine...
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    What do you folks think about the possibility of...

    What do you folks think about the possibility of the passing of this bill? Has anyone dug into this aready? Monetary Metals Tax Neutrality Act (H.R. 1089)
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    Also and oxy-maroon is a sound FDR (chuckle)...

    Also and oxy-maroon is a sound FDR (chuckle) ...kind of like a good tooth ache.

    Actually, I like the removing of the "collectables" tax (28%). That ought to drive the price of metal through the...
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    Somehow, this seems to be an argument between...

    Somehow, this seems to be an argument between "the market" and the FED. (Well, at least the market reflected in equities values). President's always want a monetary policy that helps their...
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