The Really Useful Gold Thread

A Fewbob

Its maybe not easy to be the first to say the emperor has no clothes. Maybe you have seen the film Bugs Life where the ants have trouble standing up to the larger grass hoppers.

With the telly-ban in their $5 tents receiving $20,000 missiles and still shaking their fists back, I think the rest are getting bolder. I don't know what Iraq did. Venezuela wanted to tax their oil to provide a dollar inflow, instead of borrowing from the IMF and repaying the loan by selling their telecoms and other utilities. North Korea is maybe using the fact the US's attention is elsewhere: I think the US recently warned Iran after Iran used its dollars from oil sales to buy gold, meaning that oil is effectively being paid for with gold.