- Golden propaganda
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- What a coincidence...
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- We just happen to be on the verge of a financial meltdown
caused by insane government abuses of the currency printing presses and
Osama bin Laden - that convenient arch villain who no one really wants
to catch - is offering to pay assassins in gold for taking out his enemies.
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- http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040507/ap_on_re_mi
_ea/bin_laden_reward_offer&cid=540&ncid=716
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- Those Al Queda guys sure have a thing for gold, don't
they?
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- In case you didn't know that, the media will remind you
from time to time:
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- http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&conten
tId=A27535-2002Sep2¬Found=true
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- (Gold must be bad if Al Queda deals in it, right? Gee,
that means anybody dealing on gold is kind of suspect, don't you think?)
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- What jumped out at me was not just that gold was being
offered as a reward, but that the reward was stated in 'grams' of gold,
not the normal and coined-sized denomination, the ounce.
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- Maybe it was just some good old fashioned Madison Avenue
positioning on Osama's part. After all, 10,000 grams somehow sounds better
than 320 ounces.
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- But there may be another reason for the grams.
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- A clever company has taken it upon themselves to create
an easy way to buy and sell products electronically not in dollars, but
in gold.
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- http://goldmoney.com/
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- The concept is simplicity itself. You convert your rapidly
devaluating dollars into gold *grams* - and it's available to you to make
payments to people around the world who are happy and willing to be paid
in gold and not green toilet paper... I mean US currency.
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- The idea is catching on and even has won the endorsement
of straightlaced folks like Barron's, the weekly financial tabloid.
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- Question: What happens when people realize en masse that
Bush & Co. (and all his predecessors) in order to be able to pose as
the Great White Father have been running the printing presses 24/7 thereby
setting us up for a major and painful devaluation of the cash in our pockets,
bank accounts, pension funds etc.
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- The smart ones will start buying gold.
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- It used to be that simply ridiculing gold in the media
and beating it down in the derivatives markets was enough to keep people
away from it.
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- Today, it looks like in addition to helping justify every
conceivable Bush atrocity imaginable, old Osama - (former) friend of the
CIA and scion of a family with decade long close ties to the Bush family
- has volunteered to lend his protean PR talents to the 'gold is bad' campaign,
with a special jab at the avant-garde folks who deal in grams. Bad, bad,
very bad...
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- For the record, 10,000 grams of gold is currently worth
about $125,000. My guess is 10,000 grams of gold will be worth a whole
lot more than that in months and years to come... at which point it might
become necessary - again - for the US government to take the evil metal
off the hands of upstanding US citizens.
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- Don't laugh. It's happened before and not that long ago...
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- "On April 5, 1933, Roosevelt commanded all citizens
to surrender their gold to the government. No citizen was permitted to
own more than $100 in gold coins, except for rare coins with special value
for collectors."
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- In fact, US citizens were prohibited from owning gold
until 1974 - just as they are prohibited from visiting places like Cuba
and saying unflattering things about Israel.
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- America - land of the place where you're free... to do
what you're told.
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- Bush and his evangelical kook friends must be on their
knees every night thanking their God for Osama every day. After all, where
would they be without him?
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