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It's Going To Implode: Buy Physical Gold - NOW
Submitted by tajones01 on Thu, 03/11/2010 - 12:36
Evidence seems to be mounting that we are headed towards some sort of implosion in the paper Gold market, and perhaps the currency/bond markets in general. Let’s take a look: http://www.zerohedge.com/article/its-going-implode-buy-physi... |
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Central bank "open market operations" are a key factor here.
http://en.wikipedia.org/wiki/Open_market_operations
"...open market operations could be used to keep the value of a fiat currency constant relative to gold."
Manipulation is the name of the game. Holding down the gold price is a key objective of fiat monetary policy.
I don't like people
I don't like people predicting when the crash is going to occur - I have heard this all many times before. But at the same time, things can't continue the way they are very long.
The dead giveaway is how our politicians are purposely doing everything they can to destroy the dollar. They continue to find new ways to give away billions of dollars they don't have. This nation is trillions of dollars in debt, and yet Washington is waging two undeclared wars, using mercenaries like Blackwater, which are much more expensive than soldiers.
The have bailed out banks and corporations. They have printed up "stimulus checks" and given them away to every taxpayer. They have paid Americans thousands of dollars to buy new cars and homes. And while they bomb and invade some nations, they bribe others with "foreign aid".
How can a nation that is trillions of dollars in debt, a debt that is too massive to ever repay - be so generous? The only answer is, our politicians are purposely destroying the dollar.
The are not doing this of their own volition. For the most part, they are too dumb to realize what they are doing. They are just following orders. They are setting the stage for economic collapse, and that's no conspiracy theory.
When it comes, remember that you heard it here. And remember who caused it.
I'm glad that I have possession of the actual metal myself.
I'm just not that trusting.
Its weird that so many people worry about some form of government "confiscation" as occured under FDR.
Here's what you do: DON'T HAND IN YOUR GOLD.
Even without confiscation edicts, its wise not to tell local criminals about your stash.
In the event that gold is "outlawed", I bet there will still be a market for it ;-)
Actually, its worth pointing out that the value of ANY hard asset is likely to rocket in fiat dollars/euros/sterling.
To all those who say "you can't eat gold", I'd simply agree and advise you to have plenty of storable food for you and yours on that basis!
Oh yeah, its not just gold that will do well. Other precious metals and base metals look great as well.
Re: What we need is a Whistle Blower to step forward from Comex!
But then again that is like expecting that really decent people work there in the first place.
The Winds of Change!
If this system lasts long enough...
I'll be glad to buy up all the bnods...certainly all the local bonds.
The bondholders control, and if you can find another way to make recieving "paper" money a non-issue, then purchasing bonds isn't a bad investment. If we default the bondholders would be in line to recieve the assets.
Everyone knows paper money is "worthless"...I personally would rather hold bonds. (and gold obviously)
And if paper money really is worthless, might there be other legitimate ways of quickly accumulating large amounts of it?
If we bought all the bonds with these "worthless-debt-notes", then we really wouldn't be in debt at all would we?
bonds are worthless..
bonds are worthless.. anything that is paper will be worthless.
“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul
Tell that to the Chinese...
when they assert their "security interest" in the defaulting public and take away your "asset". (home)
If paper is worthless and bonds are worthless...then why don't we control them?
If we held all the bonds as private creditors, would we really be worried about defaluting on our "national" debt?
I don't think so...
I say there is financial technology out there that allow us to tap into the vast amounts of financial energy out there availalbe for all known simply as "debt-money"
We can be our own creditors only through knowledge of commercial law.
Chinas US dollar reserves constitute leverage.
If the US doesn't play nice with China, they can start selling.
The underlying "value" of the asset is not the real purpose of holding it in this case.
as I said. PAPER is
as I said. PAPER is worthless. you think the Chinese are going to come over here and kick people out their homes? why do you think the Chinese are insuring themselves from that paper by buying gold? bonds are worhtless. ask the morons who wrote all the derivatives.
“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul
Agreed
All it takes is an executive order, a court ruling, or a suspension of the Constitution under a police-state takeover and all the bond holder holds is fire-starter. It's a risk that might pan out but for true security you want the elemental stuff: Au and Ag.
New Hampshire and Ecuador
DailyPaul Forum Documents Probable Gold 2% Suppression Racquet
Who, What, Where, Why and How.
Study: 100 Days 2% Down; 6 Days 2% Up.
NY Morning Identified as Danger Zone For 2% Drop
Read this DailyPaul Forum discussing the 2% rule suppressing the daily gold price. Tells how it works. All there if you are trying to figure out why there is often a 2% drop in gold price, usually in the NY morning trading on Comex.
http://www.dailypaul.com/node/128475
Has pointers for further study, including lots of supporting evidence (eg: Gata.org; Numismatic News).
See the work of Fed and their boys working behind the curtain. It is a quick read.
Mark Twain Posts 1835-1910-To-be-continued...
Daily Paul ☑ Ron Paul, 2012 ☑
Here's the part I love the best...
"Notice from us to one of you is notice to all of you"
HAHA!
Really?
You mean people STILL have accounts with these morons?
(makes you wonder who the moron is)
Your Link Didn't Work For Me.
But here is another link, that may be the same article:
http://www.marketoracle.co.uk/Article17806.html
beesting
Try it again.
Their site is running kinda slow.
Working Now.
Thanks !
beesting
Technical read on paper gold
http://broadcast.ino.com/education/gold38/
"GINO" = Government In Name Only
I can't seem to open the
I can't seem to open the link. Any idea's?
There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan
"Invest only in things that you can stand in front of and pr
Wow, that is really interesting
about the builders.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
$ilver too
$
“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with.” Ron Paul
hopefully this is no suprize
hopefully this is no suprize to everyone here.
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato
Banks are Figuring it Out.
The banks are starting to figure it out.
One more nail in the coffin.
I disagree with any prediction on timing. I almost think we will realize the trigger event in hindsight.
Might be a good day to load up on a few more staples.
Would not surprice
Selling paper always ends bad.
/Mike
Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg