Gold Outperformed the S&P by 12% per Year since 1999!

0 votes

Over the past 10 years, gold outperformed the S&P 500 by 12% *PER YEAR* (200% total difference). That's a pretty severe discrepancy.

Check that article on my blog for the full details.

I'm always amused when the comedians on the Communism Channel (CNBC) say "People who buy gold are idiots!" Any mutual fund or hedge fund manager with the same track record as physical gold would be on CNBC every day bragging about how awesome he is.

I noticed this post citing "Ron Paul Forums and Paid Disinformation Agents" from my blog.

There's some other interesting bits on my blog besides that article. I figured I'd make some other posts here highlighting them, since that discussion drove a lot of traffic to my blog.

Recapping my conclusions from that post, there are several types of people who may troll a forum.

1. There's people who are just plain stupid. They get offended when they hear something that contradicts their brainwashing, and aggressively defend their false beliefs.
2. There's people who have a professional interest in disinformation. They might be journalists/bankers/politicians/lawyers/economists/professors/etc., whose profession depends on them not noticing the flaws in the current system. These people might not be on the direct payroll of the bad guys, but they're going to aggressively defend their false beliefs.
3. There's professional PR agents hired by a corporation. I'm convinced that drug company PR agents troll Wikipedia, censoring negative information about their drugs. Financial industry PR groups might be interested in disrupting discussions where people criticize the Federal Reserve.
4. There's spies directly planted by the State. I've heard that the police plant spies in citizen activist groups. Similarly, online discussion forums would be a target.

The trolls of type (3) and (4) are most dangerous. Spreading disinformation is their full-time job. They can easily create multiple identities and swarm a forum with disinformation. They can post, under 10-20 different identities, "FSK is wrong!", giving a superficial impression that a correct viewpoint is unpopular. They have nothing better to do than post all day (It's their job!) They build up a huge posting track record and a high "karma" rating. Displaying the IP address of users isn't a full solution, because proxies can be used and a clever person can hide their IP address.

On a Ron Paul forum, I'd be very suspicious of anyone who defends the Federal Reserve, the income tax, or big government. Anybody who supports any of those isn't really listening or understanding Ron Paul.

I got frustrated arguing with trolls/idiots on the other Ron Paul forum, and decided to start my own blog.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Thomas Jefferson and Roger Sherman, Founders Extrodinaire!

Connecticut Congressman Roger Sherman was the person responsible for getting the nothing but, Gold/Silver clause added right into the Constitution.
please see:
http://www.constitution.org/cmt/rsherman/caveatagainst.htm

Thomas Jefferson was asked to design workable measurement tables and a monetary system that kept a fairly constant value between products of all types, labor, and services.

Mr. Jefferson accomplished this by suggesting a slightly variable relationship between supply and demand of everything including labor.

How did he do this?

Well, first money had to be defined.

371.25 grains of Silver equaled $1..00 U.S. dollar. { 480 grains = 1 ounce }
The 1795 $10.00 Gold piece weighed about 1/2 ounce of Gold.
The ratio between the value of Silver to the value of Gold was about 15-1/2 parts Silver to 1 part Gold.

So, what the Constitution doesn't tell us is the relationship between Silver/Gold money and labor.

Why?

Because a bought and paid for slave simply worked for food, lodging, and basic necessities of life. Slave labor was free if a person had enough money to buy a slave. { By the way, there were white slaves right along with black slaves in those days called indentured servants. }

So what exactly could happen when the natural law of supply & demand changed the set Gold/Silver ratio to all product/labor?

Well the founders very wisely entered these words right into the Constitution:
"Congress { Not the President } shall have the power to regulate the value there of { Gold/Silver money } and of foreign coin."

Which means, if there was a shortage or surplus of Silver, Gold, the value could be regulated by simply very slightly adjusting the value of Gold/Silver by a few pennies or even half pennies or mills. { A mill = 1/1000 of a dollar }

The FREE market regulated the price paid in Gold/Silver for everything else.

Just think,,,under this system prices didn't rise for about 130 years and the USA became the most prosperous nation on earth with NO personal taxes.

That's when government employees collected wages comparable to skilled laborers.

beesting

And productive labor has outperformed gold

since the beginning of history.

Stock Market != Labor

Investing in the stock market is *NOT* the same as productive labor. Corporate management will always line their own pockets ahead of advocating for shareholders. For this reason, gold (with a 0% inflation-adjusted return) should outperform the stock market.

If you buy shares of stock, you don't actually get full allodial title. As a small shareholder, you can't prevent management from granting themselves stock/options, diluting your ownership. You can't prevent management from wasting/squandering corporate assets, such as giving huge consulting contracts to their friends.

A comparison before 1990 or 2000 isn't valid, because central banks have been selling/leasing their gold reserves to keep down the price of gold. In 1971, most of the world's gold supply was owned by central banks (due to Roosevelt's confiscation in 1933, and it was illegal to own gold in most countries). Since then, they sell off a bunch of gold whenever the price rises.

----

I have my own blog. Let me know if you like it.

-----

I have my own blog. Let me know if you like it.

The more I think

I know the more I am getting confused. You bring up a good point.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Labor!

And that's why laborers all over the world are so rich???

beesting

very good point.. ol' mister

very good point.. ol' mister portland oregon's job here is to discredit gold.. nice try portlandoregon.. you and your 5 week membership.. give it a break!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐