Quote from: CRED.me on January 20, 2018, 08:06:13 AM

You might be able to make the argument that central banks will still have gold on the bottom as the risk-free asset, but that has no bearing on what we as individuals should choose if were concerned about the bankrupted government expropriating our wealth.

This is a false equivalence argument claiming that since central banks hold large amounts of metals, it must be a scam that's detrimental to a normal human using them. This is probably your worst argument ever. The fact central banks hold them is due to the free market already sorting out what is and isn't useful over the course of thousands of years. They were forced by nature to use them themselves because it's the best option.
They did not make the choice.

Quote from: CRED.me on January 20, 2018, 08:06:13 AM

They know damn well theyre taking us to a global monetary reset and theyre funding/encouraging/facilitating the goldbug propaganda (e.g. FOFOA)

Random tidbits of plans are floated by people such as Jim Rickards and FOA because a large percent of the wealthy power brokers ALL have to be on the same page about what asset class is revalued as the new peg. If China revalues one asset to defuse the debt bubble, while the US revalues another, and Russia a different one, it doesn't work. For things like international trade to continue to function, they all have to do the same one (the noble metals). If each nation on earth did a different one, it would require a Soviet iron curtain to maintain because other nations would instantly destroy it with arb.

It's already a given that the peg will be gold. The only question is the silver ratio, such as: Will they attempt, say, $10,000 gold and silver at the cost of production peg (something like 64:1 ratio)? Will they attempt to do it based on past mining ratios of what's actually coming out of the earth (15:1)? Will they do it based on current mining ratios coming out of the earth (9:1)? Or will they only revalue gold and then everyone just dumps the comparatively overvalued gold until the undervalued assets spike and silver goes to something like 15:1 ratio anyway?

It appears the US doesn't actually have much if any gold in Ft Knox, and will mostly be depending on silver revaluation due to JP Morgan acquiring a large amount for the US govt. Since the London banks, the Chinese, and the Russians actually do store large amounts of silver bars, contrary to popular opinion, they probably don't have a huge problem with silver seeing a high ratio anyway. Since silver can already hit 30:1 ratio even within their rigged system, I see silver going to a 30:1 ratio or lower compared to gold regardless of whether silver is artificially pegged or it's free market price is allowed to be discovered.

Quote from: CRED.me on January 20, 2018, 08:06:13 AM

I had already explained in this thread, that the government has now the increasing power to make sure that during any such monetary reset that they can make it impossible for private investors of (significant quantities of) precious metals to achieve any hedge whatsoever.

There is where you show your true colors as a crypto shill that doesn't care about things like logic and facts. First you claim people should not use metals because central banks have them and you should do the opposite of what the banks do because it's good for humanity or some other jibberish. In the next paragraph you claim you should allow the bankers to herd you wherever they want and it doesn't matter what's good or bad for humans, you should just do whatever the banks want and if they don't want you to use metals, you should go along with that.

You cannot take both positions at the same time. This is 100% illogical shilling. You're arguing both pro-statist and anti-statist for the same point. This means you do not actually have a position at all. You also pretend it's not possible for a monetary Schelling point to exist that bankers and normal humans are both pulled to (metals). You ignore this fact because you know no Schelling point exists for cryptocurrency at all. There's no way to force everyone into the same coin without some tyrannical police state mandating it. Cryptocurrency is designed to die by infinite diffusion when there's no upper bound or overhead preventing coins that can be made and endless incentive to create new ones (unlike metals).

Supporting crypto is therefore pro-statist because the state mandating which one you're forced to use will be the only thing bringing order to chaos.