Thanks for dismissing and down voting my comment below, that aside here are a few facts. Gold has less intrinsic value to the world than oil, natural gas and the production of energy. In one form or another future currency will be based on energy production, end of story and end of fantasy to you gold goblins.
Another fact, block chain technology prevents fiat money creation, laundering and fraud.
Knowing these two facts, where do you predict the future going?
Edit: It scares the shit out of me but I am just reporting the facts as I see them. Would you throw 1.5 billion at your beliefs? Musk did.
Not sure you're commenting to me. But... I havent down voted you.
not you
I'll take history as my guide. Gold and silver have always had a consistent value. In the Roman era, it was said that an ounce of gold would be a very good suit of clothes. Today, it still holds true.
There's many things that have more intrinsic value than gold. But, they tend to be 'flashes-in-the-pan' and will never have the consistent history of stable, high value as gold. I'm not sure what your meaning of "intrinsic value" refers to, whether it is 'demand', 'volume' or 'price'. Gold is $1838/oz. and Oil is $58/barrel. The Petro-dollar has been a failure. The demand of oil goes from over-production to under-production; going cyclically from glut to boom, boom to glut. The entire oil industry is run by the same families who are in the fractional reserve banking system operation. The fractional reserve banking overlords want to control energy. This is why people are getting arrested and their homes confiscated for being off the grid. Look at Antelope Valley in LA county for evidence of their intentions. As long as we are dependent on their power grid, this benefits them and not us. Energy technologies have been concealed, inventors murdered, and patents stolen. It's so bad there are listings you can find on-line for murdered inventors. investigating the **Invention Secrecy Act, then become familiar with 35 U.S.C. 181; the so-called -- Secrecy of certain inventions and withholding of patent. Thousands of censored and confiscated patents have occurred over the years. The U.S. Patent office is where ongoing corruption occurs since the Rothschild banking cartel has gained complete control of it. Surprise. Surprise. Why does the U.S. Patent office use a provision allowing them to slap a "national security" gag order on a patent application? Many energy technologies have disappeared through this means. There were an accumulation of 5,579 Invention Secrecy Orders in effect at the end of fiscal year 2015. In that year alone there were 95 new secrecy orders imposed. Only 36 prior orders have ever been rescinded.
What is the total number today?
Did you know in 1971, energy conversion systems were subject to review and possible restriction if they offered conversion efficiencies “in excess of 70-80%.” How much has changed from that time to the present? Automobiles today still get approximately the same MPG as in the 1930s. The only technology that has drastically changed are the computers; so-called "Smart" technology, which is really a euphemism for a Spy Device.
Be careful on what you wish for. FRS overlords control far more than may be realized. 10 years ago who would have thought the Internet would be controlled like it is today?
(post is archived)