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> <channel><title>A Little Game of Old Maid, Part VIIComments on:  - by</title> <atom:link href="http://robertringer.com/2009/03/11/a-little-game-of-old-maid-part-vii/feed/" rel="self" type="application/rss+xml" /><link>http://robertringer.com/2009/03/a-little-game-of-old-maid-part-vii/</link> <description>In Support of Laissez-Faire Capitalism and Individual Freedom</description> <lastBuildDate>Fri, 10 Feb 2012 21:04:28 +0000</lastBuildDate> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.2.1</generator> <item><title>By: BigD</title><link>http://robertringer.com/2009/03/a-little-game-of-old-maid-part-vii/#comment-2374</link> <dc:creator>BigD</dc:creator> <pubDate>Thu, 12 Mar 2009 15:39:36 +0000</pubDate> <guid
isPermaLink="false">http://blog.robertringer.com/?p=499#comment-2374</guid> <description>Something that has been continually bugging me for the past few years since I started considering buying some gold was how it remains so valuable; you can&#039;t eat it and it&#039;s too soft to really make anything useful out of (eg, tools), so what keeps it so valuable and how do we know it won&#039;t one day become as useless as paper money?
Also, I believe I asked this question once before, but it&#039;s something I feel is of great importance; what steps can we take to prevent the government from confiscating our gold, silver, or other valuables (as FDR did during the Depression)?</description> <content:encoded><![CDATA[<p>Something that has been continually bugging me for the past few years since I started considering buying some gold was how it remains so valuable; you can&#8217;t eat it and it&#8217;s too soft to really make anything useful out of (eg, tools), so what keeps it so valuable and how do we know it won&#8217;t one day become as useless as paper money?</p><p>Also, I believe I asked this question once before, but it&#8217;s something I feel is of great importance; what steps can we take to prevent the government from confiscating our gold, silver, or other valuables (as FDR did during the Depression)?</p> ]]></content:encoded> </item> <item><title>By: Reality seeker</title><link>http://robertringer.com/2009/03/a-little-game-of-old-maid-part-vii/#comment-2373</link> <dc:creator>Reality seeker</dc:creator> <pubDate>Thu, 12 Mar 2009 01:19:43 +0000</pubDate> <guid
isPermaLink="false">http://blog.robertringer.com/?p=499#comment-2373</guid> <description>Here is my opinion: There are no &quot;Capital Guarantees&quot; in a situation of total nationwide and/or worldwide collapse. And even speaking in such absolute terms, like &quot;guarantees&quot; of any kind, makes me nervous. There are very few things that are truly guaranteed. Death. Taxes. Corruption. Things such as these are guaranteed.
In my view, the three most important things an individual can do to successfully compete and live a selfish and happy life before, during, and after a total or partial economic collapse is to understand 1) human nature,  2) the corrupt system of big business and 3) the corrupt system of big government that humans have built. If you accept the fact that corruption is indeed a viable way for humans to interact, do business, and run government, not fair or just, but viable from the standpoint of workable(like a jungle) than you&#039;re on the right track. You have to know how the jungle works and how to move through the jungle if you want to live and exploit it for your own selfish benefit.
So here is the reality as I see it. (I may be wrong. And if I am, then I will suffer to the extent I&#039;m wrong. If I&#039;m right, then I will experience achievement.)
Yes, paper money is a lie, but it is a lie backed up by lead. Lead from the barrel of government guns. Gold can&#039;t compete with lead under those conditions. FDR&#039;s Executive Order 6102 trumps any who think gold will replace the almighty dollar. The new FDR (aka Barack Obama) will resort to 6102 if he decides it necessary. I believe in the reality of corruption and that in this case corruption can and will prevail. Yes that is right,  I think government corruption and &quot;the lie&quot; will prevail over the honesty of gold just like the Serpent&#039;s lie prevailed over Eve.
Now, if there is just a partial collapse, like what is currently happening with our economy, than gold or silver is a very good play. And let me tell you why. Massive inflation is on the way. Thus, gold and silver will hold up as long as the government doesn&#039;t intervene with price controls. Why do I say massive inflation is on the way?
The federal reserve will continue to print paper money and create trillions of dollars electronically. I call this new money phenomena, Electronic Dollars( someone else also, must have used this term by now, so forgive me if I take credit that is not mine). Electronic Dollars or Electronic Money are the phenomenon by which no money is printed, it is created with a keyboard as fast as you can type $50,000,000,000.00......... and that is pretty fast. The Federal Reserve is creating this phony and counterfeit money over and over again as you read this very sentence.
In fact, governments around the world are now creating more fake money than any other time in history. That is why I own both gold and silver and I&#039;m ready to trade that gold and silver away if the New FDR starts to make a move for it. More importantly, I don&#039;t have all my investment eggs in one basket, because my parents and grandparents didn&#039;t raise a fool. My grandparents lived through the Great Depression; and they not only survived, but they lived very well. Fortunately before they died,  they taught me a thing or two about living through the 2nd Great Depression, which they were quite sure was coming. In the future, I will post some of that wisdom.
Incidentally, Mr. Ringer has repeatedly proven over and over again just how perceptive he is at making his way through the concrete jungle. Which leads me to my final point: If anybody wants to compete and earn a good life, then you had better understand something about the harsh realities of life and what you&#039;re up against. I&#039;ve never personally met Mr. Ringer, but I&#039;ve read his books, and they have validated at least 80% of all that I ever believed in. So then, I can tell you this: If you want to acquire excellent information on human nature and jungle survival, then there is no better place to start than reading &quot;Looking out for #1&quot; or &quot;Winning Through Intimidation.&quot; These books will prove to be timeless resources.</description> <content:encoded><![CDATA[<p>Here is my opinion: There are no &#8220;Capital Guarantees&#8221; in a situation of total nationwide and/or worldwide collapse. And even speaking in such absolute terms, like &#8220;guarantees&#8221; of any kind, makes me nervous. There are very few things that are truly guaranteed. Death. Taxes. Corruption. Things such as these are guaranteed.</p><p>In my view, the three most important things an individual can do to successfully compete and live a selfish and happy life before, during, and after a total or partial economic collapse is to understand 1) human nature,  2) the corrupt system of big business and 3) the corrupt system of big government that humans have built. If you accept the fact that corruption is indeed a viable way for humans to interact, do business, and run government, not fair or just, but viable from the standpoint of workable(like a jungle) than you&#8217;re on the right track. You have to know how the jungle works and how to move through the jungle if you want to live and exploit it for your own selfish benefit.</p><p>So here is the reality as I see it. (I may be wrong. And if I am, then I will suffer to the extent I&#8217;m wrong. If I&#8217;m right, then I will experience achievement.)</p><p>Yes, paper money is a lie, but it is a lie backed up by lead. Lead from the barrel of government guns. Gold can&#8217;t compete with lead under those conditions. FDR&#8217;s Executive Order 6102 trumps any who think gold will replace the almighty dollar. The new FDR (aka Barack Obama) will resort to 6102 if he decides it necessary. I believe in the reality of corruption and that in this case corruption can and will prevail. Yes that is right,  I think government corruption and &#8220;the lie&#8221; will prevail over the honesty of gold just like the Serpent&#8217;s lie prevailed over Eve.</p><p>Now, if there is just a partial collapse, like what is currently happening with our economy, than gold or silver is a very good play. And let me tell you why. Massive inflation is on the way. Thus, gold and silver will hold up as long as the government doesn&#8217;t intervene with price controls. Why do I say massive inflation is on the way?</p><p>The federal reserve will continue to print paper money and create trillions of dollars electronically. I call this new money phenomena, Electronic Dollars( someone else also, must have used this term by now, so forgive me if I take credit that is not mine). Electronic Dollars or Electronic Money are the phenomenon by which no money is printed, it is created with a keyboard as fast as you can type $50,000,000,000.00&#8230;&#8230;&#8230; and that is pretty fast. The Federal Reserve is creating this phony and counterfeit money over and over again as you read this very sentence.</p><p>In fact, governments around the world are now creating more fake money than any other time in history. That is why I own both gold and silver and I&#8217;m ready to trade that gold and silver away if the New FDR starts to make a move for it. More importantly, I don&#8217;t have all my investment eggs in one basket, because my parents and grandparents didn&#8217;t raise a fool. My grandparents lived through the Great Depression; and they not only survived, but they lived very well. Fortunately before they died,  they taught me a thing or two about living through the 2nd Great Depression, which they were quite sure was coming. In the future, I will post some of that wisdom.</p><p>Incidentally, Mr. Ringer has repeatedly proven over and over again just how perceptive he is at making his way through the concrete jungle. Which leads me to my final point: If anybody wants to compete and earn a good life, then you had better understand something about the harsh realities of life and what you&#8217;re up against. I&#8217;ve never personally met Mr. Ringer, but I&#8217;ve read his books, and they have validated at least 80% of all that I ever believed in. So then, I can tell you this: If you want to acquire excellent information on human nature and jungle survival, then there is no better place to start than reading &#8220;Looking out for #1&#8243; or &#8220;Winning Through Intimidation.&#8221; These books will prove to be timeless resources.</p> ]]></content:encoded> </item> </channel> </rss>
