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03-05-2016, 03:45 PM
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Join Date: May 2008
Location: Bonnyville Alberta
Posts: 2,355
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Its how Zoolander is keeping his promises to the third world that is more important than his own country and citizens.
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03-05-2016, 03:46 PM
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Banned
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Join Date: Apr 2011
Location: St Albert
Posts: 816
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An enlightening
Quote:
Originally Posted by Roughneck12
Its how Zoolander is keeping his promises to the third world that is more important than his own country and citizens.
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Post. Good for u. This is why Political discussions get deleted.
Have a good night. Ibtl
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03-05-2016, 03:49 PM
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Join Date: Nov 2015
Posts: 128
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Oh boy here come the gold bugs out of the woodwork. 
Ready for the world to end boys?
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03-05-2016, 03:49 PM
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Banned
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Join Date: Apr 2011
Location: St Albert
Posts: 816
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Crates of
Quote:
Originally Posted by Sigg
Oh boy here come the gold bugs out of the woodwork.
Ready for the world to end boys? |
Surplus fmj at crappy tire. Stock up!
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03-05-2016, 03:52 PM
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Join Date: Nov 2015
Posts: 128
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Quote:
Originally Posted by NewAlbertan
Surplus fmj at crappy tire. Stock up!
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A lot more fun to be had with that!
We sold all our gold reserves to buy heavy equipment to reclaim all the lead from the Homestead range hillsides!
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03-05-2016, 04:49 PM
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Join Date: Feb 2013
Location: Calgary
Posts: 784
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Doesn't sound smart to me.
"Data from the World Gold Council suggest Canada stands apart from its industrialized peers as the only G7 country without a stockpile of at least hundreds of tonnes of gold."
Why? There's a reason why most countries keep a stock of physical gold.
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03-05-2016, 05:01 PM
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Join Date: Jan 2015
Location: Crossfield
Posts: 216
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Does anyone realize that the Constitution of the USA has a clause dedicated to the use of gold and silver.
Here is the quotation directly from the Constitution:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
Was it Nixon that changed this?
__________________
"The ruling class in every age have tried to impose a false view of the world upon their followers."
George Orwell
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03-05-2016, 05:18 PM
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Join Date: Sep 2012
Location: Edmonton
Posts: 6,928
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Quote:
Originally Posted by TripleTTT
Does anyone realize that the Constitution of the USA has a clause dedicated to the use of gold and silver.
Here is the quotation directly from the Constitution:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
Was it Nixon that changed this?
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keep digging. You're on to something here.
__________________
Respond, not react. - Saskatchewan proverb
We learn from history that we do not learn from history. - Hegel
Your obligation to fight has not been relieved because the battle is fierce and difficult. Ben Shapiro
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03-05-2016, 05:36 PM
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Join Date: Jan 2015
Posts: 330
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Since the currency isn't linked to the gold standard there isn't a reason to keep it.
It has lower returns than other forms of investment, and it costs money to keep, as opposed to buying other things (I think I read they have mostly been buying foreign currency).
Makes sense to me.
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03-05-2016, 05:56 PM
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Join Date: Oct 2013
Location: whitecourt AB
Posts: 223
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Zoolander? That's awesome.
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03-05-2016, 07:07 PM
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Banned
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Join Date: Apr 2011
Location: St Albert
Posts: 816
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Shiny pony is another
Quote:
Originally Posted by Dozer31
Zoolander? That's awesome.
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Ao classic
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03-06-2016, 07:27 AM
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Join Date: Jan 2010
Location: Edmonton
Posts: 6,470
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I guess this means that our Gov. does not plan on deversifying in anything that has to do with electronics.
Gotta support the 25,000 refugees somehow ?
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 Kim
Gonna get me a 16" perch.
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03-06-2016, 08:37 AM
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Join Date: Dec 2010
Location: North of Owlseye, like I said.
Posts: 133
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Quote:
Originally Posted by Newview01
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I like how you say that like it is a fact.
And why should we be stockpiling it?
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Eat prey, love it.
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03-06-2016, 12:36 PM
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Join Date: Jan 2016
Posts: 22
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Because apparently canada has invested in foreign currency instead. .. but if the country it invests in goes tits up its worthless. . Gold will always be worth something. What a joke
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03-06-2016, 12:57 PM
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Join Date: May 2009
Posts: 164
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lots more available
its Canada if we need a couple hundred tons we will just reopen a couple mines. Gold is a horrid valuation right now.
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03-06-2016, 01:08 PM
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Join Date: Jan 2016
Posts: 22
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Quote:
Originally Posted by ACM
its Canada if we need a couple hundred tons we will just reopen a couple mines. Gold is a horrid valuation right now.
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Actually that's true.
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03-06-2016, 01:09 PM
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Join Date: Jan 2016
Posts: 22
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I sure once the ring of fire in Ontario opens they will find more than expected
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03-06-2016, 01:10 PM
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Join Date: Jan 2016
Posts: 22
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They are reopening closed mines here to get what they missed in the past... or couldn't get due to technology
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03-06-2016, 01:12 PM
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Join Date: Nov 2015
Posts: 128
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Quote:
Originally Posted by polskiogorki
Because apparently canada has invested in foreign currency instead. .. but if the country it invests in goes tits up its worthless. . Gold will always be worth something. What a joke
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Yes because the 3rd world slums of the UK and the USA are going "tits up." 
Where do you guys come up with this stuff? Have you asked yourself that maybe you will have more important things to worry about than gold if those two countries go "tits up"?
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03-06-2016, 02:15 PM
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Join Date: Jul 2010
Location: Calgary
Posts: 9,599
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At least we have a source for diamonds!
Don't tell zoolander he might give that away tooooo
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03-07-2016, 10:03 AM
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Join Date: Sep 2015
Location: Southern Alberta
Posts: 1,786
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"Former senior Finance Department bureaucrat Don Drummond says he doesn't think it makes any sense for Canada to hold any gold because it hasn't delivered a good rate of return over time and it costs money to store it."
Classic buy high sell low idiots...if they had someone actively watching this they could have sold and made a fortune a couple of years ago rather than sell now.
__________________
Common sense is so rare these days, that it should be considered a super power.
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03-07-2016, 11:20 AM
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Banned
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Join Date: Jan 2010
Location: rollyview
Posts: 7,860
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Quote:
Originally Posted by slickwilly
Since the currency isn't linked to the gold standard there isn't a reason to keep it.
It has lower returns than other forms of investment, and it costs money to keep, as opposed to buying other things (I think I read they have mostly been buying foreign currency).
Makes sense to me.
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x2
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03-07-2016, 11:24 AM
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Banned
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Join Date: Jan 2010
Location: Kimberley B.C.
Posts: 5,234
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We have about $96,000 in gold reserves.The U.S. has 1180 KILOS of gold.
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