FOOLS GOLD

Unless you are clutching real gold in your hot sweaty hands, you probably don’t actually have any

Most of the gold that is being traded in the world doesn’t really exist, and pretending to have gold is a sort of national sport for counties like America where there is a vault called Fort Knox that is supposedly full of gold, but has never been audited.

Fort Knox

In 1974 an informant claimed that there was no gold left in Fort Knox. The informant, Louise Auchincloss Boyer, secretary to Nelson Rockefeller, fell out of the window of her New York apartment and died three days after the publication of these claims. How unusual…


http://www.riseearth.com/2017/05/top-15-places-youre-not-allowed-to.html

“On July 4th, 1974, Louise Auchincloss Boyer’s dead body was found beneath the window of her 10th floor apartment. Three days prior, a newspaper published a story in which legal counsel for the American Gold Association accused the Rockefellers of looting Fort Knox of most or all of its gold. The anonymous source of the story had been Mrs. Boyer, executive assistant to Nelson Rockefeller”

Many of the websites covering this are bit hard to find now for some reason, and the online records of this story have been deleted, but if anyone ever claims there is gold in Fort Knox, just ask them to prove it with an independent audit!

To ensure that nobody ever proves that Fort Knox is empty, it is protected by around 30,000 soldiers and a flotilla of attack helicopters.

The Gold-Vault is allegedly protected by a 22-ton blast-proof door, and visitors are STRICTLY forbidden

The Bank Of England

The English on the other hand like to show off their gold online.


https://londonist.com/2014/11/londons-gold-vaults

But they do claim to have over seven times more gold in their vault than all the gold mined in human history, so its a safe bet that most of the gold that they like to show off is fake

So always make sure your bullion comes from somewhere reputable like the Perth Mint – http://www.perthmint.com.au/default.aspx

WHICH IS BEST – GOLD OR SILVER?

They are both very solid investments and when people argue about them, they are missing the point.

If there is a global financial meltdown you won’t care if gold goes up 10% more than silver or vice versa because they will both go up over 1000% so you will be happy either way. Except that the economy will be fucked so you might be bummed out.

Check out a full range of coins available to purchase with cryptocurrency at https://www.mygold.co.nz

The main advantage of gold is that it is very valuable so a small quantity of coins is worth a lot. But in a post apocalypse economy you won’t want to purchase your groceries with a gold coin because it would be worth a lot more than a months worth of groceries. So gold’s strength is also it’s weakness – it would be too valuable for daily trading.


https://www.thememo.com/2016/09/19/walmart-shopping-trolley-patent-driverless-the-next-big-supermarket-innovation-is-driverless-shopping-trolleys/

At this point 1oz silver coins seem more practical, but if the economy really does ever collapse silver coins could be worth more than a bag of groceries too. The catch with silver is that stashing monster boxes of 500 coins does take up a lot of space

Some people are only into crypto currencies and can’t imagine why anyone would want any boring old bullion.

I recently explained it like this:

Bullion is a crypto insurance policy that will leave you with something if the whole crypto market goes pop.

It takes discipline to take a percentage of your $ out of cryptos and put it into bullion, because you might miss out on “big gains”. But if you are really making big gains, what is 10%?

Having a store of bullion paid for out of your crypto profits can give you the confidence to trade on any upswing like you only have about three months to make big gains before the zionist banker overlords manipulate the next crash. Which they will.


https://www.veteranstoday.com/2013/10/03/nsa-and-jewish-bankers-two-zionist-monsters/

So which coins do I recommenced buying?

Gold in 1/4 oz and 1/10 oz demonstrations, and silver in 1 oz. All just plain coins from reputable mints rather than collectables – Eagles, Maples, Kangaroos, Kiwis – coins built by weights not flashy designs

Here in New Zealand we can buy bullion with cryptos from My Gold


https://www.mygold.co.nz/

Fools Gold

The title of this post comes from one of my favourite 80’s songs – “Fools Gold” by the Stone Roses.

If you want to groove about like a funky hipster this is the song.

“This is the track of my youth. This is epic beyond compare. I used to dance in my 22″ flares and basin haircut with john lennon sunglasses under the influence of many recreational pharmaceuticals. Happy Daze. They don’t make music like this no more – funk defined.”


FROT WEBSITE http://www.frot.co.nz

FROT BLOG http://www.frot.co.nz/design/blog

PALNET FROT https://www.palnet.io/@frot

STEEMIT FROT https://steemit.com/@frot

STEEMIT SIFT666 https://steemit.com/@sift666

 

https://steemit.com/crypto/@sift666/fools-gold

  ·  2 years ago (edited)

not sure how this post got past me!!cat.jpg

  ·  2 years ago

The Guardian Silver bullion coin is my favorite, I don’t want the queen on my coins 😁

  ·  2 years ago

Why not?

  ·  2 years ago

We still have a stash of silver. Unfortunately back when it would have been pertinent to get into gold it was a bit out of our range. Howie believes that tangible assets are enormously fucking important–so we’re going to finish paying off our house in the next year and pick up a piece of property. And of course keep the silver…but if crypto does pop, it ain’t gonna be for awhile 🙂

I included you and deb in my newest post. I hope you don’t mind.

  ·  2 years ago

Cool – I’ll go and read it!

I don’t really think cryptos will pop – what I expect is Bitcoin will pop and be replaced by Bitcoin cash within a few months so a bunch of new investors will get beat up
And then Bitcoin cash will be superseded by newer better coins
And the bankers will have a major crack at stopping all the trading by making the exchanges lock up – which they are doing right now

All of which will cause temporary panics.

One day they won’t be able to keep holding the price of gold and silver down. Silver will shoot up at some point.

  ·  2 years ago

Things about this is that they tend to make it easy to buy but hard to sell back. Might want to make sure it’s a relatively easy process to sell back.

  ·  2 years ago (edited)

I guess I’m thinking if fiat currency collapses you wouldn’t want to sell it back – at least not for worthless banker money – it would be a new form of tradable currency

  ·  2 years ago

You’re probably right if fiat crash happens. I was just thinking more along the line of a economic downturn, we probably still rely on fiat for buying foods, paying rent, etc so aside from a complete failure, easy exchange for these coins would be nice.

  ·  2 years ago (edited)

”Bullion is a crypto insurance policy that will leave you with something if the whole crypto market goes pop.” I agree, and mostly for those who are trading or making other more risky movements.

  ·  2 years ago

  ·  2 years ago

Wow, i’ll be great to have some insurance in that situation too, not for him tho!

  ·  2 years ago

How fascinating. Innit weird how talkative people are so accident-prone.

Yes, there’s no gold and not much actual money. The notes are basically IOUs from the government. I heard the Swiss were calling back all their real gold from the US because… well… trust issues lol.

I saw a lovely documentary about money being worthless. The guy goes to a money museum in Europe which catalogues all currency from ancient times through to now… The only currencies still with any value – that can be spent today – are those little nuggets of gold and silver from way back when (and today’s current notes and coins…but for how long). Wish I could remember the title.

Those nuggets were quite small, irregular shapes and looked like tooth fillings.

You’ve got some great vegan memes. Have you thought about putting them together in a post? I’d love to enjoy that 😀

  ·  2 years ago

I’ve got them on my blog

http://www.frot.co.nz/design/funny/vegan-memes/

But they are just copy and pastes so I wouldn’t put them on Steemit – it would start WW3 anyway – and I would want to be on very solid ground to start doing any vegan posts, so I’ll just use them in comments

  ·  2 years ago

hehehe this is brilliant 😀

Visited your meme page. I was gonna send you the what to do if you see a vegan choking Heimlich Maneuver but you already have it. Great stuff. Thanks 😀

  ·  2 years ago

Yes, Thanks for reminder that we should have something in our hands we can call money. I do like to keep eating everyday and some form of money will be needed.

images.duckduckgo.jpg

  ·  2 years ago

Nice vegan breakfast 🙂

  ·  2 years ago

How did you guess my favorite?

  ·  2 years ago

You might like this too:

  ·  2 years ago

images.duckduckgo.jpg

  ·  2 years ago

@sift666, I just resteem this post because it worths resteeming, it has open my eyes to the full understanding of what is really happening in the so-called online gold and diamond mining companies, someone told me two days ago exactly what you posted here that all these so-called online gold and diamond mining companies don’t really mind what they claim to be in real life.

this happen as a result of me telling him to join paydiamond, so I really appreciate this article, it’s an eye opener.

thanks for sharing

am @mike4christ

  ·  2 years ago

Thanks for the resteem – yes there are a lot of scams going on…

  ·  2 years ago

yes dear, it’s only when you are inform is when you can escape from their trap.

  ·  2 years ago

I really appreciate this dear, thanks, but do you have a knowledge about this so-diamond mining company: paydiamond.com are they for real?

  ·  2 years ago

excellent points! I was able to buy silver by the gram at one point – tiny canadian maple leaf silver coins – for groceries and gas…

  ·  2 years ago

I’ve never seen those – the ultimate trading bullion!

  ·  2 years ago

Maybe they r less than a gram they are tiny and round

  ·  2 years ago (edited)

I’m a big coin collector, but mostly of old coins. I don’t have bullions, but I’ve been looking to get into it. I like how you put it as a crypto insurance policy. It really does make sense, considering cryptos don’t really have a physical counterpart. Since country currencies flcutuate over time, it’s better to invest on things that have good stored value. I hope MyGold has the option to deliver to the Philippines. I’m pretty sure we don’t have our own option that has the same function here. Thanks for sharing it, man!

  ·  2 years ago

I don’t know if they export yet – we are just trying to get them up to speed about not being focused on Bitcoin – they do accept a few other coins, but I think Bitcoins days are numbered and the worst coin for them to take payments in

  ·  2 years ago

After I replied, I looked up any local companies that deal the same thing and I found one. I don’t know if the products they ship are legit though. How can you tell for sure? I don’t know if the ratings and testimonials are enough given the cost.

  ·  2 years ago

I would stick with coins from reputable mints like Perth Mint or Royal Canadian Mint

http://www.perthmint.com.au/

http://www.mint.ca/store/template/home.jsp

  ·  2 years ago

Oh definitely. Hard to trust just anyone when it comes to these things.

  ·  2 years ago

Wow! I thought I was the only person who remembered the Stone Roses. However, I didn’t know about Mrs. Boyer. I wish I could say that I’m shocked, but nothing seems to shock me anymore. Thanks for the post and the hilarious vegan memes (I’m still crying over the slaughterhouse). Best.

  ·  2 years ago

Wern’t they just awesome?

I don’t have to sell my soul
He’s already in me
I don’t need to sell my soul
He’s already in me
I wanna be adored

  ·  2 years ago

interesting gold from crypto nice 😉

  ·  2 years ago

  ·  2 years ago

I agree 100% with you, but you forgot to mention the Philharmoniker 🙂
which is one of the most purest with 999,9 / 1000 gold.
phil.jpg

  ·  2 years ago (edited)

They look like great coins too – we don’t really see European bullion in this part of the world

PS – I went and checked if we can buy those in NZ and we can – BUT – minimum order is five…

  ·  2 years ago

Thanx dear.. Amazing report about no or fake gold.. Now i am serusly thinking that may be all governments are telling lie about this matter.. Here ppl happily invest in gold.. Silver is less important coz it used less in daily routines as it turn black.. Thanx for informative review

  ·  2 years ago (edited)

Silver is constantly being used up in cell phones, computers, and solar panels, as well as a bunch of other things, so it’s becoming more rare by the day

  ·  2 years ago

Ooo.. I dont know it before.. You told me new thing.. Thanx dear.. Ithought that it is only used in naking jewellery

  ·  2 years ago

haha quite interesting post all i see is money money money

  ·  2 years ago

Money is handy stuff!

  ·  2 years ago

so which coins you love the most for long term

  ·  2 years ago (edited)

Cryptos –  Monero and Etherium

Gold and silver – anything from a good mint that you like the weight and design of

  ·  2 years ago

Excellent points here. Easy to say that precious metals have value when they’ve proven over thousands of years. Crypto is potentially much bigger but less to study on their patterns. Combining the virtues of both is very important.

  ·  2 years ago

gold is gold no one can make it old 😉

  ·  2 years ago

  ·  2 years ago

Your blog about gold is great. I do not read such historical stories before, thank you for sharing such historical news with us.

  ·  2 years ago

  ·  2 years ago

fantastic post

  ·  2 years ago (edited)

so beauty full