"It Belongs To The People, Not The Bankers" - Italy Moves To Seize Gold From Central Bank

[ATruepatriot]

Is $1200 the average horse price? Or did you just search that price point?

Using the first link from your link, https://www.equine.com/horses-for-sale

few are below $10,000.

Keep going... Those are premium bred status symbols.

$1,200 is a "good deal" price on an average horse. Of course breeding and what the horse will be used for is all a different story and changes the price of course. As it does with EVERYTHING. I can buy a horse right now from my neighbor that has no breeding history at all but he has been "worked off of" at a ranch. There are status symbols and basic average "Workhorses".

Now see... you are tying me up with silly semantics when I could be looking for my reference for you. Typical obstructionism.

 

[ATruepatriot]

Metals too have supply and demand effecting their value/ prices which are subjective.

No the purchasing power of the metal stays stable, the purchasing power of the dollar changes when it is not based on a metal standard.

 

[Zippyjuan]

No the purchasing power of the metal stays stable, the purchasing power of the dollar changes when it is not based on a metal standard.

So there was zero price inflation/ deflation going on when were were on a metal standard. The purchasing power was stable.

 

[oyarde]

I can find gold prices but am having troubles with horse prices. By law, gold prices were roughly $20 an ounce from 1792- 1946. http://onlygold.com/Info/Historical-Gold-Prices.asp

I do find this:

https://www.quora.com/How-much-did-it-cost-to-own-and-travel-with-a-horse-back-in-the-1850s-or-1860s



So a decent riding horse (average $150 with gold at $20 an ounce) would be 7.5 ounces of gold. With gold at about $1300 an ounce today, that would be about $10,000.

Today?

https://www.equine.com/price-guide



Nothing close to one ounce of gold- then or today. And about half the price today as in the 1800's in terms of gold. Relative prices changed over time.

Avg pay for a good cowboy on a good ranch was around 30.00 a month . That would also buy a good cow pony . Those prices were fairly stable throughout the 1860's , '70's , 80's and 90's . Might have dropped a little later as people began using other modes more . Now , yes I could buy a horse with what an ounce of gold brings so it all seems fairly close .

 

[oyarde]

Horses are kind of expensive to stable if you do not have your own hay . Danke used to keep some retarded horses so I figured I could borrow one of his there , ride it home and then just eat it .

 

[ATruepatriot]

Avg pay for a good cowboy on a good ranch was around 30.00 a month . That would also buy a good cow pony . Those prices were fairly stable throughout the 1860's , '70's , 80's and 90's . Might have dropped a little later as people began using other modes more

Yep. Green broke or unridden $15 to $20.

 

[Swordsmyth]

[h=1]ECB To Italian Government: Your Gold Is Ours[/h]

 

[Paul799]

I don't understand the point of the discussion.

The gold reserves of a country belong to its citizens, not to a private financial entity.
What is to discuss about?

Whom belong USA's gold reserves?
To the American people or to the FED?
To the American people or to the financial houses that control the FED?
To the American People or to the Central Bank of the Central Banks, the Bank for International Settlements?

What's the point of discussing about a rhetorical question?

 

[Zippyjuan]

I don't understand the point of the discussion.

The gold reserves of a country belong to its citizens, not to a private financial entity.
What is to discuss about?

Whom belong USA's gold reserves?
To the American people or to the FED?
To the American people or to the financial houses that control the FED?
To the American People or to the Central Bank of the Central Banks, the Bank for International Settlements?

What's the point of discussing about a rhetorical question?

Actually the US Treasury owns the US gold reserves.

 

[devil21]

^^^^^^^^
The corporation owns the assets of the corporation.

Some claim the Treasury is just a subsidiary of the IMF. Sounds about right.

 

[Paul799]

Actually the US Treasury owns the US gold reserves.

Exactly

So, while the US treasury is allowed to own the US gold reserves, why are you discussing if the Italian treasury should be allowed to own the Italian gold reserves?

Why some of you have no problem with the US treasury owning the US gold reserves, but have one with the idea of the Italian treasury owning the Italian gold reserves?

Am I the only one here sensing some hypocrisy?

 

[Zippyjuan]

Exactly

So, while the US treasury is allowed to own the US gold reserves, why are you discussing if the Italian treasury should be allowed to own the Italian gold reserves?

Why some of you have no problem with the US treasury owning the US gold reserves, but have one with the idea of the Italian treasury owning the Italian gold reserves?

Am I the only one here sensing some hypocrisy?

I don't have a problem with either. It is up to Italy to decide how they want to handle their gold.

 

[PAF]

^^^^^^^^
The corporation owns the assets of the corporation.

Some claim the Treasury is just a subsidiary of the IMF. Sounds about right.

Bingo and claim are two different words ;-)

 

[devil21]

Bingo and claim are two different words ;-)

The 1933 gold "confiscation" was actually a business sale, since those that turned in their gold were paid for it. Ripped off, yes, but paid nonetheless.

I don't know if Italians went through the same "confiscation" or not (Italy did declare sovereign bankruptcy after WWI just like the US did, along with most of the rest of the countries involved in WWI) but if they were paid in exchange for their privately held gold then it was also a business sale.

People need to wake up and realize there are no governments anymore. There are only corporations.

 

[Jamesiv1]

Possession is 9/10ths of the law.

 

[Swordsmyth]

Possession is 9/10ths of the law.

And trial by combat is the remaining 1/10th.

 

[devil21]

And trial by combat is the remaining 1/10th.

If by combat you mean fighting in a courtroom over who the judge bangs the gavel in favor of, then yes. That's the 1/10 that actually matters, legally.