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Those With The Gold
by HellFire
 Those With The Gold
Jul 26, 2010 | 765 views | 9 9 comments | 14 14 recommendations | email to a friend | print | permalink

There is a “scare scam” as I like to call it in its infancy that targets novice or would be gold investors. The Executive Order, 6102 that President Roosevelt issued in 1933 calling in gold is the basic tactic utilized in this fraud.

Fear compounded by a fast talking salesperson armed with tales of Federal Executive Orders are selling old or exempt gold for inflated prices. Most people will check the validity of Roosevelt’s executive Order and will find that it did indeed exist and stop at that.

The truth is that on December 31, 1974, with Executive Order 11825, President Gerald Ford repealed the Executive Order that Roosevelt used to call in gold in 1933.

This was necessary because on the same day Congress restored Americans right to own gold. Furthermore, in 1977 Congress removed the president's authority to regulate gold transactions during a period of national emergency other than war.

At this time there are some of the aforementioned salespeople trying to explain their intentions to Federal Agencies. Glad I’m on this side of the table



Remember the Golden Rule; those with the gold make the rules!

 

IMPEACH THE SOCIALIST!!!

Comments
(9)
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Way2Close2OK
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July 29, 2010
Does anyone strain their Goldschlager to keep the gold leaves for investment purposes? After all, times are tough.
HellFire
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July 29, 2010
I will leave your last post up because it reveals exactly what you are. Let us entertain the thought you actually have a portfolio as claimed. You state QUOTE “Dalemma, my portfolio is fine and doing much better these days. Thanks for your concern.” Let us look at that claim. Your claims contradict one another; allow me to give an example. If and that is a big if, you have a portfolio a firm would manage it for you. Since all “managed” portfolios follow the same-boxed strategies, your claim is a lie. Second, if you managed this supposed portfolio your posts reveal your claims a lie. So, let us cut to the bottom line. Tell us without revealing exactly what holdings are contained in this fictitious portfolio, just list the content as types of assets IE gold = metals. Apparently, you are bullish on the economy therefore leaving out shorting strategies. I say you do not have a portfolio and have no working knowledge of investing

I say you will jump in with some usual backsliding claims of diversification, which is fine if they are listed, or your standard “beck” rhetoric. I state to you that you will not reply with intelligible fact because you know it will reveal your deceptions as I have in the past!

IMPEACH THE SOCIALIST !!!
Islander98
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July 28, 2010
There's the Hell Fire rant I was expecting.

Thanks!

Dalemma, my portfolio is fine and doing much better these days. Thanks for your concern.

Gold is now over-priced due to all the conserva-drones out there. I hope you bought low.
HellFire
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July 28, 2010
Islander while obvious you are of poltroon DNA, I will take time to point out that your antiquated drivel has fast become nauseating.

It is perfectly clear to everyone that you have displayed your limited intelligence not only revealing lack of IQ but keep picking the same string over and over because that is your existence, limited as it may be.

While you may view yourself as shrewd, I assure you a buffoon would be a few steps up for you based on your postings.

It would be no great leap to affirm your knowledge of gold in any form is summed up in what you buy at sidewalk shops for your boyfriend. Something you and that socialist illegal alien you voted for share.

Keep your comments on topic or they will be deleted.

EXPEDITE THE EXPULSION OF ALL ILLEGAL ALIENS!!!

IMPEACH THE SOCIALIST!!!
dalemma
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July 28, 2010
Islander....Do all progressives think that common sense people get their knowledge or ideas from Glenn Beck, Sarah Palin or Rush Limbaugh? If you are a thinking person, as I am, you have a diversified portfolio with gold, silver, stocks, bonds and other sound investments.

Progressives are the party of Nancy Pelosi, Harry Reid, Barney Frank, Chris Dodd, Al Gore and lest we forget Charlie Rangel. I bet all those crooks have a gold stash.
Islander98
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July 28, 2010
Really??? Gold??? You really do bye into all the Beck stuff - even his commercials.

C'mon HF- you're dissappointing me - where's all the racist right-wing rants?