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overtheedge
Member since May 2012
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The Coming Shortage Of Physical Gold That Will Change Everything

- Charleston Voice -

From my copy of "Webster's Encyclopedic Unabridged Dictionary of the English Language", Portland House, 1989:
Hoarding, n. 1.The act of a person that hoards. ...
Hoard, n. 1. A supply or accumulation that is hidden or carefully guarded for preservation, future use, etc. ...

Now I'm gonna be sarcastic. Is English your second language?

It ain't what you know that gets you in trouble, it is what you KNOW that just ain't so that does. (some famous guy said something like that long before me. I have a copy of Bartlett's. An interesting pastime to pursue in the evening rather than watch TV.)
Wikipedia and all the other supposed purveyors of consensus based pseudo-knowledge are not primary sources. The opinions of 10,000 people are worthless if they don't know anything about the subject. If you can't explain it in Simplish (simple English), you don't know anything about it.

But being of sound mind and questionable common sense, I could dig out my OED. But the damn printing is so small and I'm lazy in this Alaska heatwave (34°C or 93°F for the metric system ignorant).

Ignorant, adj. 1. lacking in knowledge or training; unlearned. ... see ignore
Ignore, v.t. 1. to refrain from noticing or recognizing.

Obviously logic would support the argument that ignorance is a choice.

You might want to read my older comments. I'm a gold and silver bug. They are not investments, but rather a solid collateral base for borrowing against in order to fund sound investments.

Might I suggest you read George S Clason, "The Richest Man in Babylon." I wrongly assumed the book and the wisdom within was common knowledge until recently. Well, you know what they say about assuming: it makes an ass of you and me. Me for sure. You? I can only evaluate my own performance. My above and recently identified assumpting crap was deeply flawed. Oh, the book is downloadable for free off the web.

Commented 4125 days ago

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Beginning of the headline :July 28, 2013 Source: Michael Snyder, Guest Post Is the paper gold scam about to be brutally crushed by a crippling shortage of physical gold? If so, what will that do to global financial markets? According to the Reserve Bank of India, "the traded amount of 'paper linked to gold' exceeds by far the actual supply of physical gold: the volume on the London Bullion Market Association (LBMA) OTC market and the major Futures and Options Exchanges was OVER 92 TIMES that of the underlying Ph... Read More

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