China to purchase 4000 tons of gold!

http://en.rian.ru/video/2...

In 2008, Russians bought several times more gold and silver than in 2007, assuming this will protect them from economy fluctuations.

44sec video at link.

spot price of gild 749.00 up 14.10
silver 8.95 down .24 they are having a hard time manipulating both metals at once like they used to.. the big prick banks who are manipulating these markets.. goldman and jp morgan are desparate right now. the silver short position is largest of all short position in concentration of any "commodity" in world history. if silver takes off it would wipe out jpmorgan! we can only hope! this is why they
are fighting tooth and nail.. trying to get the spot price down as far they can before they move to cover thier shorts.

"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

It won't take the entire 74 year "lease" to complete the "Trans American Corridor", it'll take just under a decade. The bailout money and paper manipulation will see to it that no sovereign entity (USA) will recieve one penny, and no American will be hired. Foriegn engineers are already here. Eighty percent of our natural resources are supposedly laid claim to by foriegners (China, Italy, Russia etc.) which will result in poisoning and degradation environmentally, ("they" don't give a damn) relentless environmental plunder and excavation . . . everything on the fast track, USA gutted like a belly slit fish. At least the Indians got wooden beads when they sold Manhattan. We are actually paying for our own extinction.

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Remember too, they are paying "official gold and silver prices" not market prices...in other words they are getting gold and silver for a song!!!!

http://www.1776solution.b...

I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue. Barry Goldwater

you don't have to be a brain surgeon to figure this out...they take worthless frn's and spend them on a valuable precious metal...wtf!

What do our "leaders" do? They say, Look! the dollar is strong! They continue to sell us out for their own benefit...someday they will all pay for this...they are all (most of them) traitors and will be tried and convicted as such!

O Captain, My Captain, rise up and hear the bells!

Ron Paul's Convention Speech

from what I understand Gold isn't indigenous to earth, is this true?

I believe they sold all their silver to pay for it...... Lost my ass yet again. I personally believe that gold and silver are finished. You will not see them "explode" as we are all being led to believe. I am convinced it is being manipulated and used as a cash machine for the financial institutions and as long as they can make a buck off pushing it back, they will do so which translates to eternity. You wanna make money in the metals? Every time I make a move, do the exact opposite, it has proven itself to be a GUARANTEED win. Not once since August, have the metals gone the way I played, not once. Exactly every time, at the time, that I have made any move, within one day the market has moved massively in the opposite direction. This puts it at about 8 times now. Until I short metals, your markets will not rise. I am now sure and confident that I control the metals markets single handedly. Time to throw in the towel and hunt for a bridge to move in under. It's been fun all.

what about the unreported news? surely china is smart enough to buy silver... pushing the price of silver ratio to gold even closer. i read someday silver may go higher than gold!?!!

While the Federal Reserve is selling gold, along with the rest of Western Europe.

http://www.1776solution.b...

I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue. Barry Goldwater

http://www.guardian.co.uk...

How Goldfinger nearly became Goldprick
Author discloses spat between architect and Bond's creator

Goldfinger was a man who thought big, a champion of communism, an eccentric, a bully who put people in fear. And that was just the architect.

The story of the Erno Goldfinger's vehement reaction when the author Ian Fleming appropriated his name - and aspects of his character - with deliberate savagery for the villain and title of the James Bond novel was disclosed to the Guardian Hay festival yesterday.

The dispute led to legal action. When the film Goldfinger came out, the architect was afflicted by spoof calls in the middle of the night. Callers would intone in bad Sean Connery accents, "Goldfinger? This is agent 007," or sing the film's theme tune, "an irritation still endured by members of the family who list their names in the telephone directory," Nigel Warburton, of the Open University, told a breakfast-time audience.

Fleming turned the dominating, 6ft 2in Erno into the 5ft imperious megalomaniac Auric Goldfinger, who nearly succeeds in stealing the US gold reserves at Fort Knox for the Soviet Union.

Erno - like Auric - was a British-naturalised foreigner and a Marxist who spent much of the second world war raising money for the Soviet cause. Otherwise there were differences between the two, as Dr Warburton noted, discussing his new book Erno Goldfinger: The Life of an Architect, the first biography to be published.

But when Erno's business associate Jacob Blacker was asked for his opinion of a proof copy of the Bond story, he told Erno ironically that he could find only one substantial difference: "You're called Erno and he's called Auric."

Erno Goldfinger was one of the 20th century's prime advocates of London tower blocks. He designed the often reviled Alexander Fleming House at the Elephant and Castle, Trellick Tower in Ladbroke Grove and Balfron Tower in Tower Hamlets.

Guess with what currency they are going to buy this stuff with?

Yup dollars. This is a way of dumping some dollars without calling it a nuclear option.

That I consider pretty big.

..potentially worthless metal? I wonder?

Like many others here on DP, I got rid of all my metals and bought a huge brackish water tank with loads of colorful fishies.

Now THAT has value, baby.

I may not know the truth, but I know when I'm being lied to...

i.e, what China should do with its dollars. The answer seemed obvious to me: liquidate them, gold being the obvious object of conversion. And, it is smart to do it slowly but deliberately, and not to announce a policy of liquidation.

It appears that's what they are beginning to do. It's the smart thing.

________________________________________________
"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

wheres the gold!?

=D

I've often wondered about the numbers there myself. In either case, if they decide to buy up that much, I've gotta look around and find me some Somalis to hijack that shit.

 
Freedom, Prosperity and Peace