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IMF to flood market with 3,000 tonnes of gold tomorrow(12/13).
Submitted by AbrahamNorway on Fri, 12/12/2008 - 08:42
And the price of gold will plunge. I'll guess we'll see tomorrow:) » |
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Gold Price up about $20 dollars 12/15/08.....
Where is this FLOOD of gold???
http://www.apmex.com/Homepage/Default.aspx
Maybe instead of a flood of gold,
it turned into a golden shower?
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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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Only a fool believes this means anything to the price of gold.
This is just propaganda. There are plenty of central banks who want to get rid of US dollars in the worst kind of way and will be happy to take this off the IMF's hands in a NY minute at the current price.
Even the federal reserve knows it must allow the price of gold in US dollars to rise relative to everything, hence deflating everything in order to prevent hyperinflation from the huge increase in bank credit.
"The deepest sin against the human mind is to believe things without evidence." Thomas H. Huxley
Gold Price Up $9.00 to $831.50: Waiting for the gold flood...
to happen. Will it?
http://www.apmex.com/Homepage/Default.aspx
Well
GOLD over $830 an ounce now.....up over $10
bump
http://www.votenader.org/blog/2008/09/10/statement-to-ron-pa...
http://www.flickr.com/photos/57925480@N00/2660779139/sizes/l/
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"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul
Gold Price at $82133/oz. and holding at 18:20 hours on 12/13.
http://www.goldprice.org/
That is $821.33/oz.
Corrected.
Wow, anyone want to buy my gold?
.
Ron Paul "Sign Wave Across the USA" -- November 5th!
ROFL
ROFL
Trying to read Jon Nadler
is like listening to fingernails on a chalkboard.
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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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akak literally had a nervous breakdown because of Nadler.
You really shouldn't read "Nads" without taking a buddy with you.
Ron Paul "Sign Wave Across the USA" -- November 5th!
poor akak
I can see him curled up in the corner, rocking back and forth, clutching his berries.
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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
You'd better be careful or
risk your own destruction.
Ron Paul "Sign Wave Across the USA" -- November 5th!
IMF Gold
can not be legally sold into the market without the approval of the US Congress.
By the way if you did not see who the author of that article was, it is none other than Moron of the Year Jon Nadler from Kitco. This guy is one of the most notorious cabal misinformants there is. I personally do not believe a word he says.
"IMF Gold can not be legally
"IMF Gold can not be legally sold into the market without the approval of the US Congress."
Jive_Dadson said the same on page 2 of this thread but cites nothing to back this claim up. I'll ask you what I asked him: where is this policy written?
Based on IMF member Audits
Based on IMF member Audits the IMF reserves were only 3,217 tonnes. We must also remember that the IMF, along with our government prices gold at the "Official Price" in both sales and purchases, that price is $42 per ounce.
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"So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so; for tyrants are active and ardent...to put shackles upon sleeping men.
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"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
Is the flood over yet??
I had lunch already. Is the dollar devalued and western civilization toppled yet?
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
WHERE DID THE (supposed) GOLD COME FROM?
Did they pull it out of thin air? If it really exists, where was it's monetary power being directed before? Now its supposed to be directed toward the global market?
IMF Membership Fee
Each country that wanted to join the IMF had to contibute x amount of gold from their national reserves or by it with their currency to become a member.
Some think there have only been pledges and not really physical gold delivered to the IMF Vaults. They do not like to divulge that in specific terms. I do not think they would like being forced to do an audit of gold in their vaults.
If gold goes down a few $100s/oz, I'll be very surprised....
and happy for the buying opportunity. Please keep us informed.
I wish they would sell it to
I wish they would sell it to some local coin shops around here. They're all out.
Hey "genius"...
...the dealers don't kepp gold in stock, you know, gold in not exactly hmmmm...let's say potatoes ! Do you understand how dealers are making money ? On commision you dumbass, tell them you want to buy gold and they will get it for you...or place an order online if you have money for minimum 5oz.
“The more corrupt the state, the more laws.”
You don't have a clue about the availability of gold.
Dumbass.
Ron Paul "Sign Wave Across the USA" -- November 5th!
Your right about that,
Your right about that, dealers do not usually have a lot of gold. They make a living from the spread between the buying and selling price. For example if you have an ounce of gold and the spot price is $820 dollars, they will probably pay you $780 and then turn around and sell it to someone for $870 an ounce. This is why it is advisable to avoid dealers. Trade your gold and silver directly for goods and services whenever possible.
But I agree with another post, that the price of gold is about to take a dive. Gold is a safe haven in a crisis, but money is only of value when it is consumed meaning it has to be spent on something that will produce something for the investor otherwise it is worthlessly sitting buried somewhere.
grant
Grant? Or, is it GREED?
?
Ron Paul "Sign Wave Across the USA" -- November 5th!
The Usual...Imbecils
xcuze my English..is my 5th language.
I see that the gold&silver cockroaches are stupid as usual, continuing to make on daily basis handicapped predictions about the price of precious metals skyrocketing "very soon", the same old and lame 40 years old story
What is really both stupid and comic is the fact that the imbeciles are saying that the price of gold is being manipulated, but at the same time they say the price will skyrocket. So my question is: how the f*** the price of gold will skyrocket if is being manipulated ?
As we can see the economy is doing very bad but the price of gold on daily basis is $30-50 CHEAPER then a year ago ! WTF ?
Let's make something clear, right now is not a good time t buy gold, is to expensive and the price will drop for sure in the near future.
It will take a major crisis for the gold to skyrocket, something like 3rd World War, in which case you will be better of having few 20lb bags of rice instead gold...unless of course Rachel Ray won't come with a recipe to cook gold or silver.
“The more corrupt the state, the more laws.”
Oh Maersk, you're stupid in any language.
I see you've changed your username. Get kicked off?
BTW, maybe you should stop watching Rachel Ray and start reading the material on GATA's website.
Not sure why you're back. We didn't miss you.
Ron Paul "Sign Wave Across the USA" -- November 5th!
You can actually eat Gold!
http://www.caterersearch.com/Articles/2006/09/11/200088/gold...
Not the recipe I was looking for...there is an awesome swiss risotto
rice with gold sprayed over the top.
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Activism Training.
Do you have house insurance?
Do you have house insurance? If so when did your house burn down? If it hasn't burned down then I guess you canceled you insurance right?
Do you think this monetary system is going to last for ever? Especially since all fiat system in history have ended badly in roughy a 40 year period.
But hey if you think because nothing has happened yet that somehow proves it won't happen then why do you have house, car, health, or life insurance?
All fiat systems in history have crashed badly, saying it's foolish to plan for that is like saying you don't need car insurance because you know you will never be in an accident despite the fact that you have seen or known others who were in accidents.
We do agree to a point and that is on the "usual imbeciles" but they are not the folks who buy gold and silver fire insurance against the dying monetary system and economy.
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