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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by lornon Dec 18, 2008 4:09pm
301 Views
Post# 15655304

RE: therivetman

RE: therivetman

You stated..." you think its cheap now wait till the U.S. starts dumping to pay for all the bailouts "....

That just does not make a lot of sense.... If gold is " worthless " as you state why would anyone give up their paper dollars for a worthless substance?

And why would the USA or any other country think they could sell a " worthless " substance for more of their dollars?

And of course what exactly is backing up the USA paper money ( fiat )  Other than a bankers or Government saying it is worth a dollar?

You said...." Just where do you think all this moneys going to come from...Russia too..."....

Again if gold is " worthless " as you stated why should any one selling gold expect to get dollars for their gold.

And as the dollar and all paper money becomes weaker and not trusted by the worlds population whats to stop governments and bankers of the world from allowing the price of gold to rise and use said gold to back their weak paper money.

And what makes you so sure that the USA has any " worthless " gold to sell in return for weak paper money...thats assuming that someone would want to part with their gold for weak paper money?

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