
Umm... don't look now. But gold and silver...
Submitted by xntryk1 on Tue, 09/15/2009 - 13:14
...are once again on the rise.
http://www.kitco.com/charts/livegold.html
http://www.kitco.com/charts/livesilver.html















I have a pretty good hunch
I have a pretty good hunch what is happening.. with the bankers all piling on a record amount of shorts to keep the price down in the past 2 weeks,
China is basically saying .. FU!
Greenback Gases, Gold & The Coming Shift
Greenback Gases, Gold & The Coming Shift
Darryl Robert Schoon
Posted Sep 14, 2009
Bankers in charge of our economies makes as much sense as candy makers being in charge of our diets
At the end of a good movie, oftentimes apparently unrelated events are woven together and it becomes clear how and why things happened. If, today, it feels as if we are at the end of an era, it is because we are; and, just like the movies, only at the end do certain events and the reasons for them become clear.
The removal of gold from the global monetary system was not by accident. It allowed governments to do what they could not otherwise do. Gold cannot be printed. Paper money can. Therein lays the cause and consequence of what is happening today.
BEFORE THE WELFARE STATE WAS THE WARFARE STATE
The introduction of paper money allowed war to be conducted on credit with credit-based paper money. In return for allowing bankers to issue England's money in the form of paper script, bankers allowed King William, England's king, to wage war on credit, giving England an advantage over other nations which England parlayed into world dominion.
Good ideas spread and the idea of waging war on credit also spread. Prior to World War I, both France and Germany went off the gold standard in order to go to war backed by limitless amounts of paper money, instead of being constrained by limited amounts of gold.
The resultant carnage would not have been as extreme had France and Germany been forced to pay good money, instead of bad, for their arms. But even after WWI and WWII, in the wake of the greatest suffering humanity ever endured, the desire to wage war on credit continued.
http://www.321gold.com/editorials/schoon/schoon091409.html
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
was just about to post somethin bout this
looks like the dollar index started to fall a little around 8-9, and as soon as it falls a little, gold and silver just boom..
Gold 1006.3
Silver 16.95
at 1:40e
"The Myth of an Independent Federal Reserve"
"The War Prayer - Mark Twain"
xn: Wow, they all jumped in last 30 minutes. What occurred?
Metal Bid Ask
Gold $1,006.00 $1,007.00 up 5.90
Silver $16.94 $16.99 up 0.36
Platinum $1,319.80 $1,329.80 up 9.10
Palladium $292.50 $297.50 up 0.80
Updated:9/15/2009 12:35:28 PM CST
Maybe it is because
Bernanke said "the recession is over". Well,,, could be the reason. LOL
Bernanke said that several hours ago. The Fed did this.
Sept. 15, 2009, 11:07 a.m. EDT ·
Fed buys $2.049 billion in Treasurys (Not that much these days, but...)
http://www.marketwatch.com/story/fed-buys-2049-billion-in-tr...