Author Topic: Why Gold will be flat or GO DOWN!!!!!  (Read 83966 times)

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Offline MrOrganic

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Why Gold will be flat or GO DOWN!!!!!
« on: April 26, 2013, 12:07:40 PM »
   Emerging Market Group  4/27/13 


   Why Gold will stay flat or go DOWN!!!!!

1. Gold does not produce anything.

2. Gold does not make the states any money!

3. Gold does not make the Government any money!

4. The higher ups (buffet, etc) have even put there stamp of disapproval

on this "Barbaric Relic" , There words not mine.

5. Gold is a hindrance to states & government, new laws, new regulations,
new policing....In there minds attracts criminals.

6. Gold is difficult to track, monitor, tax, etc in there minds.

7. Increase's the individual's PRIVATE wealth & sovereignty. A big NO-NO
for our socialist GOV.

  Then where will the wealthy put there $$$ when the "punch bowl fueled"

fraudmarket of wallstreet starts Dying????

 REAL ESTATE!
 
1. Produces Jobs!  from illegal gardners to Big Corp!
2. Stimulates economy
3. higher taxes, property, state, sales, etc
4. Overseas investment  (huge factor) Mortgage brokers do not have to
follow "money laundering" laws/Procedures as do other industries!!!
 
  Think about that for a second!!!

5. Low rates, set the stage, high dow jones made them flush with cash!
They smacked Gold down, So where are they gonna go???

6. My final tip that had me write this?  A letter from Bank of America
(one of the biggest crooks) saying card holders can now earn 5x points on
qualifying home improvement purchases with your Bank america blah blah
blah Card. 

5x points on Qualifying hardware, interior furnishing & Garden supply
store through june 30, 2013

  Now ask your self why out of all the things they could offer?
Education, Office furnishings, Auto, FARMING OR GARDENING equipment!!

  Why "home improvement"????   The banks/Wall st./whitehouse are 1.  Most
or all of obama's close people are ex- Goldman sachs or Wall st!!!

   Keep in Hard assets just ones with numismatic value, currency, watches,
Art, etc

Once a Month I will post this.
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Offline canadian

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #1 on: April 26, 2013, 12:28:43 PM »
A valid point of view for sure, governments have been depleting their reserves of gold for some time. But don't forget the golden rule "He who has the gold rules".

Again if you haven't seen this documentary, it is well worth watching. It talks about the historical importance of gold and the condition of the current markets.

http://www.canada.com/onlinetv/documentary/doc-zone/8264925/video.html

Canadian

Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #2 on: April 27, 2013, 03:01:53 PM »
HHMmmmm  JpMorgan's physical gold holdings WWAAAYYYYYYY down!!

http://www.freerepublic.com/focus/f-bloggers/3012452/posts
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Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #3 on: April 27, 2013, 03:04:08 PM »
http://www.marketoracle.co.uk/Article38791.html

JPMorgan Sees Gold At $1,800 By Mid 2013 As South Africa “In Crisis” And “Escalating Instability” In Middle East   J.P. Morgan Chase & Co. said gold will rise to $1,800 an ounce by the middle of 2013, with the mining industry in South Africa “in crisis,” according to Bloomberg.

  yet they were selling all this time????????
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Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #4 on: April 27, 2013, 07:40:08 PM »
sure made a nice move in the last few days

Offline NBM

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #5 on: April 27, 2013, 11:41:44 PM »
Trends in Major Asset Classes Set to Shift
http://www.safehaven.com/article/29629/trends-in-major-asset-classes-set-to-shift

After the first of the week I'll quit holding my breath.

Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #6 on: April 28, 2013, 09:55:50 PM »
Trends in Major Asset Classes Set to Shift
http://www.safehaven.com/article/29629/trends-in-major-asset-classes-set-to-shift

After the first of the week I'll quit holding my breath.

thanx for the article.  It is a shame he does not take real estate into his thesis.

avg joe knows real estate, pm's & stocks..not bonds.
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Offline NBM

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #7 on: April 29, 2013, 06:44:22 AM »
thanx for the article.  It is a shame he does not take real estate into his thesis.

avg joe knows real estate, pm's & stocks..not bonds.

Funny you mention real estate, in another discussion tonight I was reading about the multibillions being poured into the US real estate market by companies like Blackstone. I'm not sure I understand/grasp what is behind this or how it will affect capital flows yet.
Here are a few links, perhaps you can make something of it?

http://news.firedoglake.com/2012/09/24/news-leaks-of-1-billion-blackstone-investment-in-foreclosed-properties-just-in-tampa-bay/

http://nreionline.com/single-family-housing/blackstone-secures-21b-loan-home-purchases

http://www.bizjournals.com/dallas/news/2013/03/29/california-billionaire-buys-up-homes.html

Notice Och-Ziff, one of the first entrants of the REO to Rental, bailed out.

http://www.zerohedge.com/news/2012-10-17/och-ziff-calls-top-reo-rental-exit-landlord-business

Offline canadian

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #8 on: April 29, 2013, 11:10:19 AM »
Here is a link that I posted in another discusion, I belive that it has some relevance here as well. How do western banks (and governments) realy view gold?

This is an article from my local newspaper that talks about the drop in bitcoin prices parealleling that of gold, and the actions of one of our major banks with regard to bitcoin exchange.
http://www.calgaryherald.com/technology/Calgary+bitcoin+exchange+fighting+bank+backlash+Canada/8306709/story.html
 

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #9 on: April 29, 2013, 02:51:15 PM »
Here is a link that I posted in another discusion, I belive that it has some relevance here as well. How do western banks (and governments) realy view gold?

This is an article from my local newspaper that talks about the drop in bitcoin prices parealleling that of gold, and the actions of one of our major banks with regard to bitcoin exchange.
http://www.calgaryherald.com/technology/Calgary+bitcoin+exchange+fighting+bank+backlash+Canada/8306709/story.html
 

   In the aftermath of the boston Bombing/shootings, A news agency said one of the men "pinged" the system. LOL Pinged the system???  They say it like we are supposed to know what that means!

  It means we live in a "matrix" style Gov/tech controlled society. One of these kooks triggered an algo that mines/looks for these type of guys/groups. Where this connects is, The "SYSTEM" gov/banks/corps run the show from soup to nuts. They "MAKE" what happens in markets, they do not want a alternate currency that is not ran by the "SYSTEM".  BITCOIN, PM'S, LIBERTY DOLLAR ETC

  REAL ESTATE IS WHERE THEY WANT $$$$ TO FLOW!!!.......... FOR NOW ;)
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Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #10 on: April 29, 2013, 03:10:03 PM »
Funny you mention real estate, in another discussion tonight I was reading about the multibillions being poured into the US real estate market by companies like Blackstone. I'm not sure I understand/grasp what is behind this or how it will affect capital flows yet.
Here are a few links, perhaps you can make something of it?

http://news.firedoglake.com/2012/09/24/news-leaks-of-1-billion-blackstone-investment-in-foreclosed-properties-just-in-tampa-bay/

http://nreionline.com/single-family-housing/blackstone-secures-21b-loan-home-purchases

http://www.bizjournals.com/dallas/news/2013/03/29/california-billionaire-buys-up-homes.html

Notice Och-Ziff, one of the first entrants of the REO to Rental, bailed out.

http://www.zerohedge.com/news/2012-10-17/och-ziff-calls-top-reo-rental-exit-landlord-business

"Anyway, those non-investor deals have a habit of falling through – selling off properties to hedge funds and private equity firms is easy money."

"The feds have been all over the bank scouring their books for minor infractions and very high loan to value asset requirements, now imposed on all small banks. I think the feds want all of them out of business. It is very hard to borrow money from the local bank, even for rich people in Los Alamos, to expand a business, for example."

"in which large asset managers have been encouraged to take advantage of government funded, risk-free financing (and entirely bypassing banks who have given up on loan origination due to legacy liability issues which have every bank tied up in litigation from now until Feddom come - just see today's Bank of America results) and purchase foreclosed properties in bulk, with the intention of converting them into rental properties."

'Notice Och-Ziff, one of the first entrants of the REO to Rental, bailed out.'

  YES, but..."the New York-based hedge fund is looking to sell now because the returns it is generating from rental income are less than expected and it is looking to take advantage of a recent rebound in home prices in northern California."

   So they said, "screw being landlords, lets just sell high-end homes to the wealthy"

ONCE AGAIN, THE "SYSTEM" WANTS $$$$ TO FLOW TO REAL ESTATE! 
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Offline canadian

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #11 on: April 29, 2013, 03:22:14 PM »
In Canada the government has tightened up mortgage regulations,  for example 30 mortgages are no longer available. The net effect is that the  real estate market has cooled of a bit. It seems though, that the Government is encouraging investment in the stock market. They want capital to be dynamic, invested in companies with the pretense that jobs will be created and that goods and services will be produced. Our major banks all own trust companies or brokerage firms and are offering trading platforms to their customers. With low intrest rates many people are taking a run at this in an effort to increase yield on their money They have been a bit dismayed however, to find that many Canadian companies are sitting on huge cash reserves that they are literally doing nothing with.

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #12 on: April 30, 2013, 08:34:54 AM »
http://www.zerohedge.com/news/2013-04-29/presenting-housing-bubble-20

Well, courtesy of the real-time real estate pricing trackers at Altos Research, we now know that the very worst of the housing bubble is not only back, but it is at levels not seen since the days when a house in the Inland Empire was only a faint glimmer of the prototype for BitCoin
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #13 on: April 30, 2013, 08:47:09 AM »
The property to buy is income producing farmland.  Over a year ago the articles were out explaining that the banks have agreed to hold back foreclosures.   This gives the illusion of a property recovery and reports are out of how condos sell on Miami beach sell, etc.  The banks at some point will be forced to put the foreclosures back on the market.  When that happens, the home price decline will begin.  This will cause many present homeowners to move out as they will be underwater on the mortgage.  Why make payments on property that is worth less then owed?  This will accelerate the decline in real estate values.  It is a matter of time now...............

Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #14 on: April 30, 2013, 07:20:12 PM »
"The property to buy is income producing farmland."

Hard assets!!

 :thumbup:
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Offline NBM

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #15 on: April 30, 2013, 07:27:55 PM »
I would have concerns about even a move to income producing farmland with the current government culture of theft to cover the TBTF losses.
IMO, there is nothing to prevent them from stealing this from the "small investor" through new taxes.
Sadly this "culture of theft" seems to be tearing apart the fabric of society and turning it into an "every man for himself" environment.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #16 on: April 30, 2013, 09:13:18 PM »
Yes, I agree hard assets are best but as far as real estate is concerned income poducing farmland will retain value.  Having ability to grow your own crops is important.  Trust is going quickly too as the system corrupts........

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EMERGING MARKET GROUP  
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #18 on: May 01, 2013, 07:29:19 PM »
For bullion and coin sales, in addition to the requirements under current law, the bill requires dealers to keep the record in English, be consecutively numbered, and include the seller’s general description

http://economiccollapsenews.com/2013/04/30/gold-dealers-being-shutdown-in-connecticut/
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #19 on: May 15, 2013, 12:40:49 PM »
HHHHmmmmm Very interesting!
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #20 on: June 29, 2013, 05:26:52 PM »
   Emerging Market Group  4/27/13 


   Why Gold will stay flat or go DOWN!!!!!

1. Gold does not produce anything.

2. Gold does not make the states any money!

3. Gold does not make the Government any money!

4. The higher ups (buffet, etc) have even put there stamp of disapproval

on this "Barbaric Relic" , There words not mine.

5. Gold is a hindrance to states & government, new laws, new regulations,
new policing....In there minds attracts criminals.

6. Gold is difficult to track, monitor, tax, etc in there minds.

7. Increase's the individual's PRIVATE wealth & sovereignty. A big NO-NO
for our socialist GOV.

  Then where will the wealthy put there $$$ when the "punch bowl fueled"

fraudmarket of wallstreet starts Dying????

 REAL ESTATE!
 
1. Produces Jobs!  from illegal gardners to Big Corp!
2. Stimulates economy
3. higher taxes, property, state, sales, etc
4. Overseas investment  (huge factor) Mortgage brokers do not have to
follow "money laundering" laws/Procedures as do other industries!!!
 
  Think about that for a second!!!

5. Low rates, set the stage, high dow jones made them flush with cash!
They smacked Gold down, So where are they gonna go???

6. My final tip that had me write this?  A letter from Bank of America
(one of the biggest crooks) saying card holders can now earn 5x points on
qualifying home improvement purchases with your Bank america blah blah
blah Card. 

5x points on Qualifying hardware, interior furnishing & Garden supply
store through june 30, 2013

  Now ask your self why out of all the things they could offer?
Education, Office furnishings, Auto, FARMING OR GARDENING equipment!!

  Why "home improvement"????   The banks/Wall st./whitehouse are 1.  Most
or all of obama's close people are ex- Goldman sachs or Wall st!!!

   Keep in Hard assets just ones with numismatic value, currency, watches,
Art, etc

Once a Month I will post this.


If I would only not be so lazy & follow my advice! LOLOLOL

Paper short would of been sweeeeettt!!!
EMERGING MARKET GROUP  
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Offline wutianming

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #21 on: June 30, 2013, 02:48:44 AM »
Oh they are long RE now!

I've posted in other threads, unless something
big goes down, I see gold treading water at this level.

If they break this level, another big leg down.

If/when bond rates move up, or Europe busts
significantly, it's off to the races.

I have a pic I took yesterday to post.
If I can't do it now, I'll do it shortly from a pc.

Offline wutianming

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #22 on: June 30, 2013, 03:22:13 AM »
Okay, I saw this yesterday, obviously, I HAD to take a picture.

Talk about a bank fail(ure).

I'm not moving any accounts to them, but I do applaud their relative candor:


Offline Hippanda

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #23 on: June 30, 2013, 05:10:39 AM »
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline pandacoins

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #24 on: August 31, 2013, 03:16:29 AM »
Propaganda brainwashing for the weak minded.

Offline fractalfate

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #25 on: September 03, 2013, 12:39:40 AM »
I realize I'm a little late to the game on this topic, but I would hesitate to say that real estate qualifies as a 'hard asset,' which I would define as a commodity that someone can truthfully say that they own outright, with no outside claims or leins. I am no lawyer, but my understanding is that what one purchases when they obtain real estate is what is called 'fee simple' ownership. Fee simple is a legal concept that empowers the government to "relieve" said owner of said property when certain conditions are met. These conditions include such concepts as eminent domain, taxation, police power, escheat (I'm paraphrasing here from this source: http://en.wikipedia.org/wiki/Fee_simple). Bottom line: you don't own your real estate; you rent it. Don't believe me? Try not paying your property taxes and see how long you continue to 'own' your home. Try preventing a police state from requisitioning your property because of it's "strategic" location. Or try to prevent your municipality from forcing your move when they decide your backyard is the perfect location for an overpass. The only way to obtain outright ownership of anything, including real estate, is to obtain allodial title: http://en.wikipedia.org/wiki/Allodial_title
Allodial title for real estate is a precious and rare commodity. The only example of true allodial title in the present day I am aware of is found in many Native American tribes that have allodial title of their 'reservations.' (I apologize wholeheartedly if these are not the currently politically-correct terms). These areas are literally considered sovreign nations with their own laws and are not subject to federal government interventions. I live in Wisconsin, where allodial title is actually written into our state constitution as a right of citizenship (one of only three states, I believe, that have this law on the books currently). There also was a Wisconsin supreme court case precendent that reiterated this right. However, when I contacted a real estate attorney recently here about trying to obtain allodial title on a property I was looking to purchase, he hadn't even heard of the law(?)! After investigating this law with my help of resources (and billing me hundreds of dollars per hour to do so), he basically told me I had a snowball's chance in hell of obtaining such a title. When I asked why, he said it would take more money in court costs to obtain it than the property I was looking to purchase was worth. So, in the end, real estate is not a hard asset at all, as it can be legally taken from you at any point on a whim by the feds with no legal recourse by the 'owner.' Period.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #26 on: September 03, 2013, 08:38:18 AM »
I agree Gasman.....

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #27 on: September 03, 2013, 10:34:35 AM »
« Last Edit: September 03, 2013, 11:02:16 AM by wg »

Offline ghostrider80811

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #28 on: September 18, 2013, 08:55:59 AM »
I realize I'm a little late to the game on this topic, but I would hesitate to say that real estate qualifies as a 'hard asset,' which I would define as a commodity that someone can truthfully say that they own outright, with no outside claims or leins. I am no lawyer, but my understanding is that what one purchases when they obtain real estate is what is called 'fee simple' ownership. Fee simple is a legal concept that empowers the government to "relieve" said owner of said property when certain conditions are met. These conditions include such concepts as eminent domain, taxation, police power, escheat (I'm paraphrasing here from this source: http://en.wikipedia.org/wiki/Fee_simple). Bottom line: you don't own your real estate; you rent it. Don't believe me? Try not paying your property taxes and see how long you continue to 'own' your home. Try preventing a police state from requisitioning your property because of it's "strategic" location. Or try to prevent your municipality from forcing your move when they decide your backyard is the perfect location for an overpass. The only way to obtain outright ownership of anything, including real estate, is to obtain allodial title: http://en.wikipedia.org/wiki/Allodial_title
Allodial title for real estate is a precious and rare commodity. The only example of true allodial title in the present day I am aware of is found in many Native American tribes that have allodial title of their 'reservations.' (I apologize wholeheartedly if these are not the currently politically-correct terms). These areas are literally considered sovreign nations with their own laws and are not subject to federal government interventions. I live in Wisconsin, where allodial title is actually written into our state constitution as a right of citizenship (one of only three states, I believe, that have this law on the books currently). There also was a Wisconsin supreme court case precendent that reiterated this right. However, when I contacted a real estate attorney recently here about trying to obtain allodial title on a property I was looking to purchase, he hadn't even heard of the law(?)! After investigating this law with my help of resources (and billing me hundreds of dollars per hour to do so), he basically told me I had a snowball's chance in hell of obtaining such a title. When I asked why, he said it would take more money in court costs to obtain it than the property I was looking to purchase was worth. So, in the end, real estate is not a hard asset at all, as it can be legally taken from you at any point on a whim by the feds with no legal recourse by the 'owner.' Period.

Agreed too!  Also might add if one has a paid off house and cannot pay the property tax the house will get taken from you regardless if one paid off the 30 year mortgage with ZERO legal recourse.  Without private property privacy, there are no real freedoms or in this case recourse.   However, there are always ways around this with the right political connections.   Just like every other country--money talks.  Sad huh?

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #29 on: September 18, 2013, 09:32:45 AM »
Keep in mind the Patriot Act allows the confiscation of bank lock boxes.  Many will think this is far fetched but I choose caution.   It has happened in Great Britain, California and another state that I do not recall.  Today these are isolated incidents but that could change quickly as China owns the gold and the Western world owns the debt........

Offline davidt3251

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #30 on: September 18, 2013, 10:53:50 AM »
Agreed too!  Also might add if one has a paid off house and cannot pay the property tax the house will get taken from you regardless if one paid off the 30 year mortgage with ZERO legal recourse.  Without private property privacy, there are no real freedoms or in this case recourse.   However, there are always ways around this with the right political connections.   Just like every other country--money talks.  Sad huh?
Many Canadian cities have tax deferral programs that kick in at age 55 or 65, allowing deferral of taxes with 1% interest.
http://business.financialpost.com/2011/05/31/property-taxes-defer-them/

Offline fractalfate

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #31 on: September 18, 2013, 11:00:17 PM »
Keep in mind the Patriot Act allows the confiscation of bank lock boxes.  Many will think this is far fetched but I choose caution.   It has happened in Great Britain, California and another state that I do not recall.  Today these are isolated incidents but that could change quickly as China owns the gold and the Western world owns the debt........
How, exactly, would the Patriot Act allow such nonsense? I'm asking in all seriousness.

Offline ghostrider80811

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #32 on: September 19, 2013, 03:18:21 AM »
 
How, exactly, would the Patriot Act allow such nonsense? I'm asking in all seriousness.

All the US Feds has to say is the,"T" word...terrorist investigations.  Don't ask me how I know but in Switzerland the US Gov. demanded the financial documents of all American using the cloak of terrorism to extract more taxes to keep the music playing longer.  Currently there are a segment of banking institutions that no longer want American customers as the regulations/threats are horrid.  What I see today is the US using force/disinfo to get what it wants with the help from the American public.  Know that main stream media is supposed to be the, "old guard" BUT they are acting more like public relations spokesmen for the US Fed.  Makes sense as the control of main stream media has already failed into the hands of TPTB, whomever they may be. 

Yes, Im from the camp that believes Obama is a puppet--The End. 

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Offline fractalfate

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #34 on: September 19, 2013, 08:23:50 PM »
ghostrider80811--The mainstream media as a voice of reason and truth is a farce; I agree they have become hardly more than a propaganda- and distraction-machine controlled by TPTB to indoctrinate and sedate the masses. This is just one of many methods used. The POTUS is a puppet, as are the legislative and judicial branches. The false dichotomy of republican/democrat parties with resultant meaningless and pre-determined elections are another technique TPTB uses to cleave and divide the sheeple with minimal risk. Aesop was correct when he stated, "United we stand. Divided we fall."

pandamonium--I'm sure I don't have to remind you how reliable information is on the internet. The source you listed contains misinformation that is threatening and juvenile. The local news story video posted is more propaganda to scare people into spending now what little resources they may have squirrelled away, another blatant and well-described technique to keep the machine we call the American consumer on track.

It's all smoke and mirrors: distraction (Facebook, youtube, religion, professional sports, smart phones, internet pornography, consumerism), sedation (anti-depressants, alcohol, religion again, television, internet, materialism), misdirection ('democratic' elections, terrorist 'threats,' false flags), and misinformation and disinformation (double-speak, main-stream media, federally-employed internet bloggers, public schooling, political rhetoric). These methods, and many more, are on the 'short list' of techniques that TPTB use relentlessly and incessantly to poison our collective minds, steal our personal liberties, and pollute our society. This programming is well-researched, scientifically-based, pandemic, systemic, and extremely sophisticated, and unfortunately it is working better than, I'm sure, anyone behind these lies could have originally hoped. The human mind has certain in-born frailties and weaknesses that are being exploited to full effect at every possible opportunity. These are very troubling and volatile times; the remnants of society and it's tattered morality are nothing more than a house of cards constructed on a razor's edge. My humble advice would only be: make preparations for the unexpected, always stay frosty, and watch your six.
« Last Edit: September 19, 2013, 08:54:38 PM by gasman034 »

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #35 on: September 20, 2013, 10:14:31 AM »
Yes the internet has a lot of baloney but so does the main media today.  The internet has alot of truth too.  It is up to us to trust our bank lock boxes or not.   The US dollar is still used today for most transactions.  The Chinese Yuan is now being used for oil sales and looks to be the choice for second currency used worldwide.   This is good news for our MCC.........we can all see the general trend and need to make choices today to stay afloat......


http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #36 on: October 22, 2013, 08:05:48 AM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #37 on: October 22, 2013, 09:24:54 AM »
He who owns the gold, makes the rules.  Now that is positive for MCC.  The race should begin in a few months but the Master Manipulators still have alot up their sleeve, so it may take awhile (a year?).  Good time to buy and move up in rarity......go for it!.........

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #38 on: November 06, 2013, 09:19:05 AM »

The only problem is, when the realization finally dawns, where will all the gold be?

http://www.mauldineconomics.com/ttmygh


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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #39 on: November 06, 2013, 10:10:12 AM »
The gold is gone from the West and is now in the East.   China has many problems but the financial community will want a gold backed currency so capitol flight could happen quickly w/ our computer era.   The US is controlled by corporations and no longer in control of the US dollar.   The dollar is in the hands of the East. 


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/2_LBMA_Collapse_To_Expose_US%2C_Europe_%26_BIS_Gold_Is_Gone.html

WG:  may I add this to your link?  Does anyone know the rest?    Oh, I could hide 'neath the wings of the bluebird as she sings,  the six o'clock alarm would never ring.   But six rings and I rise wipe the sleep out of my eyes, my shavin razors cold and it stings............

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #40 on: November 06, 2013, 10:34:07 AM »

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #41 on: November 06, 2013, 04:54:06 PM »
Currently the Yuan is the 9th most traded currency and in the global currency trade it is about 2% while the US dollar is about 87%.   It has a ways to go but that process is speeding up as the recent US Government shutdown caused many countries to sell the dollar.    When the Yuan is backed by gold then it will have tremendous buying power.  That will take some time.   The best of Chinese money?.........MCC........


http://www.vancouversun.com/Business/asia-pacific/China+yuan+makes+waves+international+currency/9123015/story.html

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #42 on: November 06, 2013, 10:05:31 PM »
DJ Perth Mint Mulls Expansion as Gold Coin Sales Rebound


   By Rhiannon Hoyle


  PERTH, Australia--Factory presses at Australia's The Perth Mint have been
running round-the-clock as a steadying of precious-metal prices kindles demand
from mom-and-pop investors globally.

  With gold and silver coins selling out as fast as they can be produced,
executives at the Mint, which refines the majority of gold mined in Australia,
say they likely have only one choice: expand.

  Plans to install new coin presses are in their infancy, and no deadline for a
decision has been set. Still, an expansion would help cement The Perth Mint's
status as one of the world's biggest producers of gold coins, rivaling
countries like Turkey and the U.S.

  "We're desperately trying to keep up with production," said Ron Currie, the
Mint's sales and marketing director. "We sold out of 1-ounce lunar silver
coins, that's 300,000 coins, in just over a month. Our 30,000 gold lunar coins
also sold out in a month."

  It wouldn't be the first time the Mint has increased the scale of its
operations to meet demand from buyers as far away as Arizona in the U.S. and
southern Germany. Its operations in Perth, capital of Western Australia state,
have the capacity to produce 5-6 million coins a year, up from 1-2 million
coins five years ago.

  The Mint-which opened in 1899 as a branch of Britain's Royal Mint, and is the
only one established here during the early gold rushes that still
operates-produces a range of bullion coins, including an annual lunar series
inspired by the Chinese zodiac. Its most popular series: Australian species
like the kangaroo, koala and platypus.

  Coin sales have jumped in recent weeks, not just in Australia but around the
world. U.S. Mint gold-coin sales are set to exceed last year's totals after
worries about the stability of the federal government attracted buyers back to
the market, analysts said. Demand for classic American Eagles-the most popular
gold coin in the U.S.-nearly quadrupled in October compared to September
volumes, according to the U.S. Mint.

  At The Perth Mint, gold coin sales were two-thirds higher in October compared
with three months earlier. The Mint refines more than 300 metric tons, or 10
million ounces, of gold a year using material mined at home and in countries
like Papua New Guinea, Indonesia, Fiji and the Solomon Islands. Sales of silver
coins-cheaper than gold pieces-were also up nearly one-fifth.

  Mr. Currie said purchases appeared to be supported by speculation that metal
prices may have reached a nadir. "With the slight increase in price of late,
some people are starting to think that it has bottomed and will now climb
again," he said.

  Spot gold is trading around US$1,315 a troy ounce, up 11% on its three-year
low in June. HSBC analyst James Steel said prices are likely to be influenced
most greatly by U.S. economic data and the direction of the greenback, with
which the U.S.-dollar-denominated commodity tends to share an inverse
correlation. He said signs of a continued rebound in the world's No. 1 economy
could drag prices back down to the US$1,300-an-ounce level.

  Still, Mr. Currie said coin demand is generally underpinned by less-fickle
gold enthusiasts, who tend to buy the items as a long-term investment.

  Germany is The Perth Mint's largest market for coins as an investment,
although demand from Asia is slowly rising and could quicken in future if
countries like India and China ease restrictions on imports, Mr. Currie said.

  "We have been told we are already the largest importer into China, in terms
of a foreign mint," he said. "Sales are gradually increasing, but China for us
is a long game."

  Mint executives wouldn't provide details on how much additional production
they are considering. It could depend on how quickly they can source machinery,
Mr. Currie said.

  "We're looking at that at the moment, but there is no quick fix," said Mr.
Currie. "Buying new machinery takes time-it can take up a year for some of the
machinery to be built and then we have to find the space to put it in."

  For now, the Mint's factory floor will likely continue to run at full
capacity: three shifts each weekday, meaning workers are on-site pressing and
carefully examining coins around the clock during the working week, and two
shifts at the weekend. Usually, the Mint would run just two shifts weekdays,
and only bring in workers at the weekend as required.


  -Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #43 on: November 08, 2013, 08:26:35 AM »
Precious metals and rare coins are real money.  Here is a link worth reading.  World wide capitol flight to a gold backed currency could happen sooner than my estimate.   China controls the US dollar.   The best of Chinese money?   MCC........


http://theeconomiccollapseblog.com/archives/how-china-can-cause-the-death-of-the-dollar-and-the-entire-u-s-financial-system

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #44 on: November 12, 2013, 08:49:14 AM »
I believe this article to be true as Bush/Chaney got this ball rolling.  Keep in mind some of my opinions were once considered extreme but now we can all see the writing on the wall............


http://beforeitsnews.com/economics-and-politics/2013/11/obama-signs-deal-with-china-that-should-we-default-on-our-loans-they-can-take-u-s-property-2458518.html

China has been buying gold directly from the miners and not thru the usual chain of command so the amount is unknown........


http://www.mining.com/chinas-central-bank-may-have-secretly-bought-300t-of-gold-this-year-10585/

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #45 on: November 19, 2013, 02:25:52 PM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #46 on: November 21, 2013, 08:48:10 AM »
Is this article saying the Yuan will no longer be tied to the US dollar and other currencies?   If so, I expect the Yuan to move up in buying power, in time, which is positive for MCC.........



http://www.bloomberg.com/news/2013-11-19/pboc-will-basically-exit-normal-yuan-intervention-zhou-says.html

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #47 on: November 21, 2013, 12:07:38 PM »
Martin Armstrong, who called '87 US crash, Nikkei top and bottom, calling for $1000 and possibly sub $1000 gold.
http://armstrongeconomics.com/armstrong_economics_blog/


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #48 on: November 21, 2013, 01:37:12 PM »
Gold could go to $1,000 oz as the manipulation war on bullion continues.   It is all temporary.   Gold/silver are money.   China now buys oil in the Yuan.  This article says they are done buying the US dollar......... 




http://www.trunews.com/pboc-says-longer-chinas-interest-increase-reserves/

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #49 on: November 21, 2013, 03:06:58 PM »
Its all temporary...until you become insolvent. $200m of gold sales at Comex today.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #50 on: November 21, 2013, 04:49:56 PM »
Insolvent?  Correct.  That is what the big money wants, all of us to sell our precious metals to them for cheap.  I have met countless people that sold their metals/coins/jewelry to buy food or pay mortgage here in the jobless US.  We gotta survive the bullion price manipulation........

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #51 on: November 25, 2013, 08:37:34 AM »
This article mentions art, diamonds, etc and the future for bullion.  Common sense.  I made a statement earlier about the rare kilo gold Chinese.   Today they are worth $1 million.  Why not $10 to $100 million?   This is the future trend....rare coins and particularly Chinese should do very well.......


http://dollarcollapse.com/inflation/inflation-is-raging-if-you-know-where-to-look/

Offline ghostrider80811

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #52 on: November 25, 2013, 09:12:43 AM »
This article mentions art, diamonds, etc and the future for bullion.  Common sense.  I made a statement earlier about the rare kilo gold Chinese.   Today they are worth $1 million.  Why not $10 to $100 million?   This is the future trend....rare coins and particularly Chinese should do very well.......


http://dollarcollapse.com/inflation/inflation-is-raging-if-you-know-where-to-look/

OK, so who wants to buy my rare Chinese coins then?  =) 

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #53 on: November 25, 2013, 12:56:01 PM »
Martin Armstrong, who called '87 US crash, Nikkei top and bottom, calling for $1000 and possibly sub $1000 gold.
http://armstrongeconomics.com/armstrong_economics_blog/



Just found this Blog, I find this man very smart!!!!
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #54 on: November 25, 2013, 01:13:42 PM »
   Emerging Market Group  4/27/13 


   Why Gold will stay flat or go DOWN!!!!!

1. Gold does not produce anything.

2. Gold does not make the states any money!

3. Gold does not make the Government any money!

4. The higher ups (buffet, etc) have even put there stamp of disapproval

on this "Barbaric Relic" , There words not mine.

5. Gold is a hindrance to states & government, new laws, new regulations,
new policing....In there minds attracts criminals.

6. Gold is difficult to track, monitor, tax, etc in there minds.

7. Increase's the individual's PRIVATE wealth & sovereignty. A big NO-NO
for our socialist GOV.

  Then where will the wealthy put there $$$ when the "punch bowl fueled"

fraudmarket of wallstreet starts Dying????

 REAL ESTATE!
 
1. Produces Jobs!  from illegal gardners to Big Corp!
2. Stimulates economy
3. higher taxes, property, state, sales, etc
4. Overseas investment  (huge factor) Mortgage brokers do not have to
follow "money laundering" laws/Procedures as do other industries!!!
 
  Think about that for a second!!!

5. Low rates, set the stage, high dow jones made them flush with cash!
They smacked Gold down, So where are they gonna go???

6. My final tip that had me write this?  A letter from Bank of America
(one of the biggest crooks) saying card holders can now earn 5x points on
qualifying home improvement purchases with your Bank america blah blah
blah Card. 

5x points on Qualifying hardware, interior furnishing & Garden supply
store through june 30, 2013

  Now ask your self why out of all the things they could offer?
Education, Office furnishings, Auto, FARMING OR GARDENING equipment!!

  Why "home improvement"????   The banks/Wall st./whitehouse are 1.  Most
or all of obama's close people are ex- Goldman sachs or Wall st!!!

   Keep in Hard assets just ones with numismatic value, currency, watches,
Art, etc

Once a Month I will post this.



   Here is my next theory:

   Gold will drop to around $1000

Stock market will fall around mid Jan/Beg Feb, Around this time OIL will rise!

"BUT" there will be certain "pump & dump" stocks they will manipulate.  "cough"  FB,  apple, twitter

Real estate is already starting to wane in "Average median income suburbia"

Just follow the 08' Bank theft playbook & it should follow the same pattern.


BITCOIN "cough" BITCON is run by our GOV or coordinated with others to:

1. Placate the masses with hope of a new GOLD & have them dump there gold.

2. They already admitted they had a mole inside "Silk Road". Why spend billions in man power chasing what you heard or saw on

cell calls, emails,etc When you can just follow the "money", Couple guys just sit an watch where the bitcoin money flows, back & forth &

you got every Arms dealer, Human smuggler, Hacker, "terrorists" right there at your fingertips!!


 Bitcoin is a NSA/CIA "honeypot".

R
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Offline ghostrider80811

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #55 on: November 25, 2013, 01:41:51 PM »

   Here is my next theory:

   Gold will drop to around $1000

Stock market will fall around mid Jan/Beg Feb, Around this time OIL will rise!

"BUT" there will be certain "pump & dump" stocks they will manipulate.  "cough"  FB,  apple, twitter

Real estate is already starting to wane in "Average median income suburbia"

Just follow the 08' Bank theft playbook & it should follow the same pattern.


BITCOIN "cough" BITCON is run by our GOV or coordinated with others to:

1. Placate the masses with hope of a new GOLD & have them dump there gold.

2. They already admitted they had a mole inside "Silk Road". Why spend billions in man power chasing what you heard or saw on

cell calls, emails,etc When you can just follow the "money", Couple guys just sit an watch where the bitcoin money flows, back & forth &

you got every Arms dealer, Human smuggler, Hacker, "terrorists" right there at your fingertips!!


 Bitcoin is a NSA/CIA "honeypot".

R

Okay, please prove it said, "honeypot" or nothing to see and lets all move along BUT if true, HOLY  :scared: BATMAN!  
« Last Edit: November 25, 2013, 02:03:50 PM by SANDAC »

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #56 on: November 27, 2013, 09:09:08 AM »
Most articles say that China will be a powerhouse w/ gold to back the Yuan.  Others disagree such as this link.   How will it pan out?   May you live in interesting times.......


http://www.financialsense.com/contributors/charles-hugh-smith/take-money-run-china-s-ill-gotten-wealth-flees-overseas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #57 on: November 27, 2013, 12:31:54 PM »
Most articles say that China will be a powerhouse w/ gold to back the Yuan.  Others disagree such as this link.   How will it pan out?   May you live in interesting times.......


http://www.financialsense.com/contributors/charles-hugh-smith/take-money-run-china-s-ill-gotten-wealth-flees-overseas

I have been pretty bearish on China and not shy about it, but will have to disagree with this article. Of course those ill gotten gains are trying to escape China as they are ill gotten, but then these are people of gov't. As a matter of fact I will even argue that the faster they try to escape the stronger Beijing might be dealing with corruption which IMO Is a good thing in the long run.  But at the same time, private business men confidence is also in an all time low not even because of corruption but out right murder of a Chinese property developer and auctioning off his company's assets for 10% of its worth to an SOE.

IMO it will depend on how serious Xi will implement the let the market forces playing a bigger role. If it just hollow words like those of the previous administration, then  its over IMO. But for the mean time I still see people trying to do and start business but much less optimistic and much more cautions.

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #58 on: November 27, 2013, 12:53:37 PM »
I have been pretty bearish on China and not shy about it, but will have to disagree with this article. Of course those ill gotten gains are trying to escape China as they are ill gotten, but then these are people of gov't. As a matter of fact I will even argue that the faster they try to escape the stronger Beijing might be dealing with corruption which IMO Is a good thing in the long run.  But at the same time, private business men confidence is also in an all time low not even because of corruption but out right murder of a Chinese property developer and auctioning off his company's assets for 10% of its worth to an SOE.

IMO it will depend on how serious Xi will implement the let the market forces playing a bigger role. If it just hollow words like those of the previous administration, then  its over IMO. But for the mean time I still see people trying to do and start business but much less optimistic and much more cautions.

Hello,

    Very interesting outlook!  Thank you

Do you have a link to this?

"murder of a Chinese property developer and auctioning off his company's assets for 10% of its worth to an SOE"

Interesting links:
http://www.theatlantic.com/china/archive/2013/11/why-chinese-people-buy-so-many-homes-in-palo-alto/281234/

http://www.mercurynews.com/business/ci_24192747/asian-buyers-scoop-up-bargain-million-dollar-bay

http://www.sfexaminer.com/sanfrancisco/chinese-real-estate-buyers-flocking-to-peninsula/Content?oid=2184205
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #59 on: November 27, 2013, 12:56:46 PM »
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Offline exchange

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #60 on: November 27, 2013, 02:27:53 PM »
THIS SPEAKS VOLUMES!!!!!!!!!!

http://www.xe.com/currencycharts/?from=USD&to=CNY&view=1Y

Sure does.... thats why I bought CNY several years ago..
http://china-mint.info/forum/index.php?topic=4084.0 - Very interesting thread from a couple of years ago...

From 2011 thread.... "Also I suggest to buy some Remnimbi at your local bank. The fees are about 8%. I bought Remnimbis in denomination of 100's two years ago when the exchange rate was something like $1 = 9 Yuan. Now $1 = 6.3 Yuan. I forsee at some point both currencies to be at parity"



exchange

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #61 on: November 27, 2013, 05:40:03 PM »
Sure does.... thats why I bought CNY several years ago..
http://china-mint.info/forum/index.php?topic=4084.0 - Very interesting thread from a couple of years ago...

From 2011 thread.... "Also I suggest to buy some Remnimbi at your local bank. The fees are about 8%. I bought Remnimbis in denomination of 100's two years ago when the exchange rate was something like $1 = 9 Yuan. Now $1 = 6.3 Yuan. I forsee at some point both currencies to be at parity"



exchange

Just FYI.

Some earlier 100 RMB banknotes have appreciated much more than the exchange rate appreciation.

Current value of 100 RMB banknotes in UNC condition.

1980     US$170
1990     US$30
1999     US$26
2005     US$22

The value of 1980 UNC 50 RMB is about US$400.


Offline BChung

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #63 on: November 27, 2013, 10:22:13 PM »
I have been pretty bearish on China and not shy about it, but will have to disagree with this article. Of course those ill gotten gains are trying to escape China as they are ill gotten, but then these are people of gov't. As a matter of fact I will even argue that the faster they try to escape the stronger Beijing might be dealing with corruption which IMO Is a good thing in the long run.  But at the same time, private business men confidence is also in an all time low not even because of corruption but out right murder of a Chinese property developer and auctioning off his company's assets for 10% of its worth to an SOE.

IMO it will depend on how serious Xi will implement the let the market forces playing a bigger role. If it just hollow words like those of the previous administration, then  its over IMO. But for the mean time I still see people trying to do and start business but much less optimistic and much more cautions.

Continuing, I personally am pretty tired of the western world always believing that China is diverting attention by starting trouble around their own borders to "pump" up nationalistic feeling. If anything the higher the Nationalistic feeling the more critical the public becomes of the internal corruption in China, which the western world ignorantly skip or pretend they dont see it. Also China finds the border issues most sensitive of all issues, yet by starting the border issues will backfire more easily, which the western world rightly identify but will put the blame on China playing with fire and that Beijing must be stupid or something like that, while completely ignoring the fact that in many times China only becomes "aggressive" when its provoke which the western world love to ignore or have taken part of provoking.  

Just a few days ago the establishment of the ADIZ of China is immidiately used as an example of China diverting attention away from internal issues, read the facts and pretty soon it will be clear that the ones making the most noise are the most hyprocritical. & for Revolutions, 1989 was pretty much the last chance (Young China - i mean the population in general), China is simply getting too old too fast, which is significantly lowering the chance of starting any meaningful revolutions . Of course if they screw up really soon then its still possible, but the longer it drags on the chance of a revolution will simply go much much smaller due to the One Child Policy. 

In the end my opinion only, but truthfully speaking (not attacking anyone here) I have simply shunned the mass media (and those that just repeat their same rhetoric) in which increasingly just report bias, ill informed or outright lies in the report notably the so called western free press which should be held in much higher regards since they always love to hype up the label "free press". Increasingly I find that there really is no difference between most of the free press and the so called state controlled media of China, Russia, etc (selective reporting of facts, hype up of insignificant issues, etc). I am turning now to independent research by those whom I found much more informed and back their arguments with facts. Personally I like Andy Xie, Hugh Hendry, Edward Chancellor for the China bear camp & Jim Rogers, Stephen Roach for the China Bull camp. In between I pick up what I see and what makes sense and try to formulate my own views.  

Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #64 on: November 28, 2013, 09:05:38 AM »
>>>In the end my opinion only, but truthfully speaking (not attacking anyone here) I have simply shunned the mass media (and those that just repeat their same rhetoric) in which increasingly just report bias, ill informed or outright lies in the report notably the so called western free press which should be held in much higher regards since they always love to hype up the label "free press". Increasingly I find that there really is no difference between most of the free press and the so called state controlled media of China, Russia, etc (selective reporting of facts, hype up of insignificant issues, etc). I am turning now to independent research by those whom I found much more informed and back their arguments with facts. Personally I like Andy Xie, Hugh Hendry, Edward Chancellor for the China bear camp & Jim Rogers, Stephen Roach for the China Bull camp. In between I pick up what I see and what makes sense and try to formulate my own views.  <<<

I agree. The Western media is not only biased, but purposely manipulates the media. It has morphed into a TASS like spin machine. How ironic is it that many Americans(including me) watch and have more trust in RT(Russia Today) then Western news sources.

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #65 on: November 29, 2013, 12:50:08 PM »
Continuing, I personally am pretty tired of the western world always believing that China is diverting attention by starting trouble around their own borders to "pump" up nationalistic feeling. If anything the higher the Nationalistic feeling the more critical the public becomes of the internal corruption in China, which the western world ignorantly skip or pretend they dont see it. Also China finds the border issues most sensitive of all issues, yet by starting the border issues will backfire more easily, which the western world rightly identify but will put the blame on China playing with fire and that Beijing must be stupid or something like that, while completely ignoring the fact that in many times China only becomes "aggressive" when its provoke which the western world love to ignore or have taken part of provoking. 

Just a few days ago the establishment of the ADIZ of China is immidiately used as an example of China diverting attention away from internal issues, read the facts and pretty soon it will be clear that the ones making the most noise are the most hyprocritical. & for Revolutions, 1989 was pretty much the last chance (Young China - i mean the population in general), China is simply getting too old too fast, which is significantly lowering the chance of starting any meaningful revolutions . Of course if they screw up really soon then its still possible, but the longer it drags on the chance of a revolution will simply go much much smaller due to the One Child Policy. 

In the end my opinion only, but truthfully speaking (not attacking anyone here) I have simply shunned the mass media (and those that just repeat their same rhetoric) in which increasingly just report bias, ill informed or outright lies in the report notably the so called western free press which should be held in much higher regards since they always love to hype up the label "free press". Increasingly I find that there really is no difference between most of the free press and the so called state controlled media of China, Russia, etc (selective reporting of facts, hype up of insignificant issues, etc). I am turning now to independent research by those whom I found much more informed and back their arguments with facts. Personally I like Andy Xie, Hugh Hendry, Edward Chancellor for the China bear camp & Jim Rogers, Stephen Roach for the China Bull camp. In between I pick up what I see and what makes sense and try to formulate my own views. 

I am standing up & applauding!!

  I always would tell my X-chinese Gfriend we are worse than china in regards to hiding are interior motives.

We bribe more than china, its called lobbyists.

We are more "communist" than china, obamacare, stricter gun control, stricter financial regulations.......I just received a ticket in my town for riding a electronic skateboard!!!!!   wt*

China are better capitalists than we are but they spout there communists lol,  Now if china would just get there heads out there ass when it comes to mother nature!  ying/yang, Buddhism ....remember those philosophies?? 
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #66 on: November 29, 2013, 12:51:02 PM »
Just FYI.

Some earlier 100 RMB banknotes have appreciated much more than the exchange rate appreciation.

Current value of 100 RMB banknotes in UNC condition.

1980     US$170
1990     US$30
1999     US$26
2005     US$22

The value of 1980 UNC 50 RMB is about US$400.

Great "out of the box" viewpoint!

Thank you P
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #68 on: November 29, 2013, 07:26:44 PM »
>>>In the end my opinion only, but truthfully speaking (not attacking anyone here) I have simply shunned the mass media (and those that just repeat their same rhetoric) in which increasingly just report bias, ill informed or outright lies in the report notably the so called western free press which should be held in much higher regards since they always love to hype up the label "free press". Increasingly I find that there really is no difference between most of the free press and the so called state controlled media of China, Russia, etc (selective reporting of facts, hype up of insignificant issues, etc). I am turning now to independent research by those whom I found much more informed and back their arguments with facts. Personally I like Andy Xie, Hugh Hendry, Edward Chancellor for the China bear camp & Jim Rogers, Stephen Roach for the China Bull camp. In between I pick up what I see and what makes sense and try to formulate my own views.  <<<

I agree. The Western media is not only biased, but purposely manipulates the media. It has morphed into a TASS like spin machine. How ironic is it that many Americans(including me) watch and have more trust in RT(Russia Today) then Western news sources.


I agree.         Read this short link on $1,000 oz silver.  More are getting on board.....


http://investmentwatchblog.com/1000-for-one-ounce-of-silver-dont-laugh-andy-hoffman/

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #69 on: November 30, 2013, 06:58:23 PM »
Theory:

   China will not be able to be on top as America has been.

 FIGURED IT OUT!! BITCON is preparation for the S.D.R. in which china is not included (which they are big on BITCON). The date of review for who will get in the SDR? 2015! Just in time for a crash will make people begging for a NEW SYSTEM. The "Virtual global currency" like BITCON!!!

  I am trying to figure out if china is being allowed into the SDR or they are pushing there way in??

If there pushing there way in, WHY be assimilated into the I.M.F.'s (is started/owned by U.S.) new "virtual" currency, S.D.R.
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #71 on: November 30, 2013, 07:20:03 PM »
DAMN!!!  my theory isnt new!!! :(

http://www.zerohedge.com/news/2013-11-14/guest-post-will-dollar-lose-its-reserve-currency-status-sdr-currency

....this is concrete proof my thoughts on they are prepping us for a S.D.R./BitCON hybrid!!!!

How to gain wealth of this?   Hard assets!  not pm's
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #73 on: November 30, 2013, 07:35:00 PM »
....this is concrete proof my thoughts on they are prepping us for a S.D.R./BitCON hybrid!!!!

How to gain wealth of this?   Hard assets!  not pm's

BINGO!!!!! 

"Is scarcity enough to back a non-state issued currency? Bitcoin offers a real-world experiment."
http://www.oftwominds.com/blognov13/bitcoin-RC11-13.html
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Offline r3globe

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #74 on: December 01, 2013, 11:07:38 PM »
....this is concrete proof my thoughts on they are prepping us for a S.D.R./BitCON hybrid!!!!

How to gain wealth of this?   Hard assets!  not pm's
Hard assets like what? ...thanks

Offline NBM

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #75 on: December 01, 2013, 11:21:57 PM »

Offline exchange

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #76 on: December 02, 2013, 08:21:10 AM »
Just FYI.

Some earlier 100 RMB banknotes have appreciated much more than the exchange rate appreciation.

Current value of 100 RMB banknotes in UNC condition.

1980     US$170
1990     US$30
1999     US$26
2005     US$22

The value of 1980 UNC 50 RMB is about US$400.

Thank you Poconopenn.
I had no idea. I know 75% of the bills I have are pretty much UNC. Looks like i'm going to have to go through them one by one.

exchange

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #77 on: December 03, 2013, 07:57:28 AM »

Offline pandamonium

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Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #79 on: December 09, 2013, 01:05:42 PM »
EMERGING MARKET GROUP  
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Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #80 on: December 09, 2013, 01:09:07 PM »
Hard assets like what? ...thanks

PM's with MEDIUM numismatic value that you can get for spot.

http://www.forbes.com/sites/zacks/2013/12/05/sothebys-still-worth-a-bid-as-art-stays-hot/

Patek philipe & Rolex watches

farmland

antique six shooters, shotguns,etc

jus a drop of what one can acquire
EMERGING MARKET GROUP  
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #81 on: December 15, 2013, 09:31:26 AM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #82 on: December 19, 2013, 06:13:31 PM »
LOOK OUT BELOW!!!!!!!

 :scared:
EMERGING MARKET GROUP  
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Offline peach2727

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #83 on: December 19, 2013, 07:43:53 PM »
Nobody can predict the movement of the gold market as nobody can predict the stock market.
Educated guesses? Yes, but that is it.
If anybody could with certainty, they would not divulge the timing, make tons of money for themselves, and go retire on an island in the Pacific.

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #84 on: December 22, 2013, 02:04:46 PM »

Offline fractalfate

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #85 on: December 30, 2013, 11:16:16 PM »
Nobody can predict the movement of the gold market as nobody can predict the stock market.
Educated guesses? Yes, but that is it.
If anybody could with certainty, they would not divulge the timing, make tons of money for themselves, and go retire on an island in the Pacific.

Two points worthy of mention:
1) only fools deal in absolutes
2) complex systems are statistically predictable in both theory and practice

Offline mook

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #86 on: December 31, 2013, 03:07:59 AM »
Nobody can predict the movement of the gold market as nobody can predict the stock market.
Educated guesses? Yes, but that is it.
If anybody could with certainty, they would not divulge the timing, make tons of money for themselves, and go retire on an island in the Pacific.

If a person has foreseen what is happening in the gold market.
This is FOFOA

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #87 on: December 31, 2013, 09:19:31 AM »
The link below, read Selling the Family Jewels.......   I just got onto a new site called "the Chinese Money Report".  Is this a good site to read?  It seems interesting going thru past articles.  I wonder what their opinion is of MCC collecting..........


http://www.jsmineset.com/

Offline Utah3

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #88 on: December 31, 2013, 09:51:15 AM »
This is a great site to gather information.

I would think Sinclaiir would not invest in MCC.

He is heavily invested in bullion.  One of his biggest passions is getting his gold company producing.

The man is a treasure of knowledge. They rightly call him Mr. Gold

Good find

Utah3

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #89 on: January 02, 2014, 08:52:30 AM »
James Sinclair is regarded as the World's # 1 authority on gold.   Two top sites i have posted in the past are jsmineset and kingworldnews.    As stated earlier, i discovered the upcoming precious metals shortages in about 2006.  About 2010 the evidence was clear (for me anyhow) that silver bullion would fetch $1,000 oz.   Back then there were mostly critics of my biased opinions.  They all thought i was nuts.  Today most anyone that can read or comprehend basic information agrees w/ me including members of this forum that do not want to post due to the negative feedback.   Negative comments do not amount to much as the information must come out so society can be somewhat prepared (China/Asia is doing this).  Better to have your entire community to own some metals then one or two in the community, so educate your neighbor.   Now that we are this far along, here is another site that will fan flames of disagreement and debate which is good.  Dave Hodges the Common Sense show, add to your list of favorites........


http://thecommonsenseshow.com/


Offline Flegend35

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #90 on: January 03, 2014, 02:16:45 AM »
When Gold was 1900 everyone thought for sure it would be at around 3500 at this point. This was a great time to pickup Pandas at spot. As soon as everyone hates gold it is time to buy. Look at the price in the last 2 days. I haven't seen gold up this much during asian hours in about 7 months. If these economies are truly improved then you should load up on Platinum and Palladium..

Offline NBM

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #91 on: January 03, 2014, 04:20:45 AM »
If these economies are truly improved then you should load up on Platinum and Palladium..

That's a might big "if" to be gambling on IMO.
Word I'm hearing is to stay away from Platinum and Palladium.

Offline pandamonium

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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #93 on: January 08, 2014, 09:40:47 AM »
Same old story, Yuan goes up and dollar will go down.   Chinese banks are the most profitable.   All positive for MCC.....


http://thebricspost.com/china-announces-new-private-banks/

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #94 on: January 08, 2014, 10:49:16 PM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #95 on: January 09, 2014, 01:44:53 AM »
Hah. Rick Rule. I saw him most recently at the TSX Town Hall in Vancouver in April 2013. Rick said he was buying. Not sure whose money he was using, because around that time Sprott, for whom he works, reported over half a billion in investor redemptions.

http://www.theglobeandmail.com/globe-investor/eric-sprott-can-the-gold-hawk-find-magic-after-the-commodities-crash/article11444187/?page=all



Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #96 on: January 09, 2014, 08:04:36 AM »
The strong hands have once again taken from the weak hands. The gold vultures are circling, who knows when they land.  There could be more manipulation in progress.  Or maybe this is last chance to buy the rare MCC you have always wanted?  Something is up as the general public has alot more interest in MCC........

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #97 on: January 09, 2014, 11:50:07 AM »
Something is up as the general public has alot more interest in MCC........

What's your evidence?

In my neck of the woods, white people continue to unknowingly bring in common date and semi-key date gold and silver panda coins to local bullion dealers, who buy them around spot and resell for quite a profit. I have seen absolutely ZERO evidence of the average joe having an interest in MCC. I am one of (possibly) two buyers for all the Chinese stuff that comes through the doors of my LCS. In order to make the stuff mine, I have to be willing to match or beat Mish's buy price for those items.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #98 on: January 09, 2014, 04:34:33 PM »
Where do you live?  In the Vancouver WA/Portland OR area i contacted a few coin/bullion dealers last year and they said there were buyers coming in twice a day looking to buy Chinese coins.   I just called the local shops here in rural OR and they have a good supply of bullion but zero Chinese coins.   No one is selling them anymore.   Most people in my area know that China owns the gold and some of them have taken an interest in Chinese coins and some notes.  What is the phone number of your local LCS?.........

Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #99 on: January 09, 2014, 07:05:23 PM »
What's your evidence?

In my neck of the woods, white people continue to unknowingly bring in common date and semi-key
What's your evidence?

>>>In my neck of the woods, white people continue to unknowingly bring in common date and semi-key date gold and silver panda coins to local bullion dealers, who buy them around spot and resell for quite a profit. <<<

Tell us what the significance is regarding your claim about "white people"? Are we to surmise something about those "white people"?

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #100 on: January 09, 2014, 07:36:07 PM »
I was attempting to point out that the majority of the Chinese coins that get sold to my LCS come from white customers, as opposed to African Americans, Asians, etc. You were supposed to surmise that it is my opinion that most white bullion stackers know nothing about MCC and wouldn't recognize a 2000 mirror panda as being any more valuable than a 1996.

I am not sure whether those white-skinned patrons are collectors, inheritors, bums, or young kids stealing from their father's collection. All I know is that they often know little to nothing about the rarities they possess because they willingly accept spot plus a small percentage for their coins.

** True MCC rarities rarely, if ever, walk through the doors.**


What's your evidence?

In my neck of the woods, white people continue to unknowingly bring in common date and semi-key
What's your evidence?

>>>In my neck of the woods, white people continue to unknowingly bring in common date and semi-key date gold and silver panda coins to local bullion dealers, who buy them around spot and resell for quite a profit. <<<

Tell us what the significance is regarding your claim about "white people"? Are we to surmise something about those "white people"?



Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #101 on: January 10, 2014, 01:13:11 PM »
" I am not sure whether those white-skinned patrons are collectors, inheritors, bums, or young kids stealing from their father's collection. "

Seriously. Maybe some yellow skinned gang member or drug addict stole those coins from a white skinned families home and then unloaded them on the cheap to a pawn shop. Ca.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #102 on: January 10, 2014, 03:16:35 PM »
My Mom is Korean and Dad was a Yankee, Norweigian.   I grew up on a farm and worked w/ most all Asians including Vietnamese, Cambodian, Laos, Mexicans, Central Americans, whites, etc...    Was friends w/ the black community and played sports w/ them too so have been exposed to most nationalities.   Knew many wealthy, poor and in between.  The bottom line is a fellow named Martin Luther King when he said "it is not the color of your skin but the content of your character".   In some areas a certain race may have more criminal element than others so attitudes develope.   Overall we are pretty much all the same.......

Offline Hippanda

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #103 on: January 10, 2014, 03:31:33 PM »
Hey, why don't we shake hands and just characterize the patrons bringing in their coins to sell at prices lower than WE might value them, as just being either uninformed, desperate, or just not fussy and prefering cash?

I have bought, at near spot, from sellers of all backgrounds I would just characterize as such and nothing more, and I have been happy to help.
 :001_smile:

And I might ad, I've been a seller of MCC too, for cash at prices I've been more than happy with, to buyers who have been more than happy with the deal we have made. That's the beauty of Free Trade- each party comes out thinking they have made out better.

Right now, in my neck of the woods, I'm seeing patrons of all backgrounds, and both informed and uninformed, choosing to liquidate at lower prices, as their work hours decline or they need to raise money in the face of economic hardships resulting from oppressive brain-dead cost-adding government regulations and oppressive taxation.  Those who are hard working producers will only see their positions improve IF things somehow change back to where government is forced by We The People to reverse course, stop stealing more and more and more of our hard-earned fruit of our hard labor to give it to themselves and those who game the system, and once again allow producers the incentive to risk their efforts and grow the economy. Take the time and call your representatives and demand not only a stop to the increasing madness, but a full reversal in direction, and elimination of oppressive economy strangling regulations and demand an actual roll-back of tax rates.
As "Collectors" we need to realize this and rally everyone to demand we get to keep something, and not have it ever increasingly stolen by decree.
Less keeping = less collecting = lower prices = less savings and less wealth for us all.
« Last Edit: January 10, 2014, 04:08:46 PM by Hippanda »
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline Birdman

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #104 on: January 10, 2014, 04:11:16 PM »
Those who are hard working producers will only see their positions improve IF things somehow change back to where government reverses course, stops stealing more and more and more of our hard-earned fruit of our hard labor to give it to themselves and those who game the system

When I was in the bank the other day, I saw an advertisement for their interest rate on their "platinum" savings account (0.1%).  I envisioned a man who worked hard and saved his entire life in order to accumulate one million dollars to support his retirement.  A $1,000,000.00 is impressive, but if he put that money in the savings account at 0.1% interest, he would earn a mere $1000/yr, hardly enough to finance a retirement.  That is sad, and is the ugly side of the FED's low interest rate policy.  Fixed income retirees must be encountering some challenges.  Not fair.

Offline Hippanda

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #105 on: January 10, 2014, 04:22:50 PM »
Remember that stable is good, and both inflation and deflation are bad. But scamming government and financial outfits only make maximum money during change and volatility.

Deflation hurts the young and working age more, as it results in job loss, lowering of wages etc.
Inflation hurts the retired and savers disproportionately, but hurts everyone except the bankers and borrowers.
Government and finance suck  more money out of the population under both extremes though, so guess what they together conspire to engineer?

Your example of a saver even saving at a low rate, ignores the harsh penalties of inflation on the buying power of that meager savings which would be reduced further by increased taxation, and reduced even further by the huge loss of real purchasing power of the remaining nominal savings.

The example you gave at .1% interest: its effective NEGATIVE savings.  Its a CON.  Prices increase at 3-7(you choose) %, while you "earn" 1%?  Whats your wealth status? Thats right : Going backwards. No matter if your home and retirement plan or pension ( if still honored layer) appreciates, you still lose more each year, faster and faster, in real terms. Now your property taxes go up, sapping more and more of your shrinking savings and purchasing power. Its a scam that if the population became aware, would see a revolution.
Instead, everyone is given the tranquilizing drugs of TeeVee and Sports to keep them distracted and docile.
Yes, its a CON, a stealing from the unrealizing victims just as surely as a Con Game of the streetcorner Shell Game / Three Card Monte while everybody is unaware and trusting ("Con-fidenced) while being taken the whole time.

Truth is, with tax bracket creap from inflation taking more and more of our savings, along with loss of purchasing power, one million $ in savings will buy only a small small fraction of that, when its all said and done. You take ten steps forward by your count, yet at the end find yourself maybe only one step further ahead? Who took it all, while you were working hard, saving, and setting aside? And how was it taken without you realizing it?
 
Immoral expansionist government: stealing from everyone else, at ever increasing rates. Lets make change.









« Last Edit: January 10, 2014, 05:03:36 PM by Hippanda »
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline exchange

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #106 on: January 10, 2014, 06:16:12 PM »
When I was in the bank the other day, I saw an advertisement for their interest rate on their "platinum" savings account (0.1%).  I envisioned a man who worked hard and saved his entire life in order to accumulate one million dollars to support his retirement.  A $1,000,000.00 is impressive, but if he put that money in the savings account at 0.1% interest, he would earn a mere $1000/yr, hardly enough to finance a retirement.  That is sad, and is the ugly side of the FED's low interest rate policy.  Fixed income retirees must be encountering some challenges.  Not fair.

Oh so True! A few months ago as I went to deposit some more savings, (pardon, some more gold coins) and I couldn't help notice the huge CD sign covering half of the entrance door that lead to the safety deposit boxes. The sign advertised .050% interest 5 year CD. It was majestically designed with a family with big bright smiles. This is what our society has become, accepting .050% over a period of 5 years without having access to it.

I have been saying this to a few when such a subject comes up. Our kids will "never" know the feeling of saving money in the bank because interests will "never" go higher regardless of what the fed does. Banks today have figured out that our society is ok with not getting any interests on our hard earned money. So why would they ever bother raising rates. They absolutely have no incentive to ever do so... and risk to lower their profits because of it! If bank rates ever increase, it will bankrupt them, period.

exchange

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #107 on: January 12, 2014, 10:46:28 AM »



The original German gold held in the U.S. is gone. Leased, sold and rehypothecated many times over.

http://www.silverdoctors.com/where-is-the-german-gold/


Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #108 on: January 13, 2014, 03:44:02 AM »

The official number of 76.39 tonnes was leaked to the main stream media between Christmas and New Years, but it's now official on their website, so Nick updated his chart accordingly---and here it is below.

http://www.caseyresearch.com/gsd/edition/nick-barisheff-the-second-greatest-opportunity-to-buy-gold


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #109 on: January 14, 2014, 03:34:44 PM »
The Swiss are buying the Yuan as is the West and rest of the world.  Will the Yuan be # one as in the next reserve currency?   Pretty stupid question isn't it?  The real question is when not if.   All positive for MCC.......



http://www.thedailybell.com/news-analysis/34929/Having-Crushed-Their-Own-Currency-the-Swiss-Consider-Chinas/

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #110 on: January 16, 2014, 10:53:39 AM »


Its volume is staggering and tests the limits of imagination at 1000 (one thousand) tons per month, moved from London and Switzerland and shipped to Hong Kong and Beijing.


http://www.gold-eagle.com/article/deceptions-dupes-dots


Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #111 on: January 17, 2014, 10:39:44 AM »
( .. ) possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.

http://jessescrossroadscafe.blogspot.de/2014/01/top-german-regulator-says-currency-and.html

( .. ) representing a 112 to 1 ratio compared to open interest, which I suspect is an all time record.   

http://jessescrossroadscafe.blogspot.de/

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Offline Hippanda

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #113 on: January 17, 2014, 01:50:01 PM »
The German gold has been located.




It is safe.




wg has it.   
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline Birdman

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #114 on: January 17, 2014, 02:05:32 PM »
The German gold has been located.




It is safe.




wg has it.   

 :lol:

Offline Hippanda

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Re: Why Gold may go UP!!!!!
« Reply #115 on: January 17, 2014, 05:14:20 PM »
Maybe for a while anyway.

Miners up. Maybe a change of sentiment finally?



                                                                            ( Not investment advice. DYODD.)
« Last Edit: January 17, 2014, 05:47:20 PM by Hippanda »
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #116 on: January 17, 2014, 08:44:05 PM »
The German gold has been located.




It is safe.




wg has it.   
I think he has a fair amount of China's too LOL ,he should treat us to a few more pictures please:)

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #117 on: January 18, 2014, 04:37:17 PM »
In time the West will no longer control gold price.    China will be in charge or free market.   Then Yuan will be backed by gold.   Capitol flight will fly East.   Chinese money will greatly increase in value............


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/18_Maguire_-_China_Moves_To_Crush_The_West_In_The_Gold_Market.html

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Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #122 on: January 23, 2014, 09:00:04 PM »
The US is out of scrap too......


http://news.goldseek.com/GoldSeek/1390514386.php

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Offline Birdman

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #124 on: January 25, 2014, 06:04:32 PM »
http://youtu.be/MVEgMoIm1mE

A recent statement by Peter Schiff.  He has his detractors, but I think there are gems of truth in his analysis on gold.

Offline cloudtoground

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #125 on: January 25, 2014, 06:26:34 PM »
I think it needs to test that key psychological lever of $1000.  It's a prominent key support level that's calling to be tested.

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #127 on: January 28, 2014, 07:14:10 PM »
http://youtu.be/Og6j9U7TDsU

An interesting, wide-ranging conversation on gold, a bit on China, and investing.  As of about a year ago, I wasn't familiar with Frank Giustra, but I increasingly respect his thinking. 

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #129 on: February 09, 2014, 05:28:03 PM »
I haven't followed Doug Casey closely in the past, but I may in the future.  What he says in this interview make a lot of sense to me.

http://youtu.be/7yR2k26PwVY

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #130 on: February 13, 2014, 01:16:10 PM »
Is it time for the price of bullion to rise again? We're on the brink of topping $1300 for the first time in a while . . .

Offline mowi

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #131 on: February 13, 2014, 02:16:02 PM »
Over $1300 now. Let's see how this day ends.

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #132 on: February 14, 2014, 03:01:20 AM »
Gold still over $1300 and it's valentines day. This day is win-win!! :)

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #133 on: February 14, 2014, 08:59:58 AM »
Looks like a breakout but the Master Manipulators have more up their sleeves......time will tell.......

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #134 on: February 17, 2014, 09:14:13 PM »

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Offline davidt3251

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #136 on: February 19, 2014, 11:45:49 PM »
The Chinese economy is headed right into a 1929-style crash, both due to the stage of their growth cycle (overdue for correction) and the shakiness of their banking system. We can criticize the US, but the US Dollar is the reserve currency and there havent been bank runs like there have been in China (at least not that we know of).

China will get there-thats why I like Chinese coins-but it would be naive to think there wont be a significant crash along the way. I think the chance China will displace the US Dollar will come after that crash.

In the meantime, Russia's star is rising. Russia, with its natural resources-particularly in energy, and its account surplus (very few countries dont have annual deficits) plus its accumulation of gold give Russia as good a shot as the Chinese. Russia is on the upswing after its collapse. Hence it is looking to reintegrate the FSU states. As an aside, I woudnt want to invest in an FSU and if I did it would have to be with the recognition that the FSUs will likely all be back part of Russia.

China isnt resource independent like Russia (hence the moves in the South China Sea and against Japan on the islands). China is already looking to outsource to Africa as Chinese wages have risen.

I am working on a project where we were going to buy a manufactured product from Tianjin China for US $50,000 each. We have now found a better product in Malaysia. US $20,000 each.

China's day will come, but it may not be a straight line.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #137 on: February 20, 2014, 08:54:21 AM »
I agree.  We should see alot of panic in the markets before the US dollar heads down and the Yuan heads up.  It will be a bucking bronco.   A panic situation will cause many to overreact.   We should be in a position to capitalize on that.  As long as we have the knowledge base and patience, it should work out for those that have a clue........

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #138 on: February 21, 2014, 02:05:22 PM »
Bundesbank Attempts to Subdue Concerns Gold Repatriation


...the bookkeeping is all according to plan…  :001_tongue:

http://www.ingoldwetrust.ch/bundesbank-attempts-to-subdue-concerns-gold-repatriation

.

“Everything is fine with our gold – nothing to worry about, nothing to see here – please disperse!”


Offline Protagonist

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #139 on: February 28, 2014, 06:24:35 AM »
'gold' will! it is true! go down! but not for any of the reasons you propose.

The paper gold public price must collapse in order to bring an end to the limitless supply of never to exist 'gold' sold by Bullion Banks via LBMA and comex. The end of that particular fraudulent scheme is well underway.

Note who is buying Gold Bullion! Those Central Banks who sit in those nations which will run the show for the next 200 years or so, ie China, India, Russia, etc

Only one person has correctly identified the collapse in the public price of gold since September, 2011. That is the blogger at. lcn.freedgold.com/

There are some great analysts around, but they are not those who claim to be the current crop of experts. Other great analysts are FOFOA, and Frank Knopers. Koos Jansen, too.

In brief, then, yes paper gold comex price is going down to below 1000. And when trading is stopped, Gold Bullion will be valued much much higher. FOFOA predicts $55,000



Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #140 on: February 28, 2014, 09:13:07 AM »
Will the bankruptcy of Mt GOX and bitcoins cause more funds to enter into precious metals?   Is bitcoin dead or just going thru a phase?........

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #142 on: March 03, 2014, 05:19:26 AM »
Gold price manipulation: New evidence

Monday, March 03, 2014 07:07 PDF
Drucken   
E-Mail   

Two New York professors have unexplained volatility since 2004. That should greatly increase the pressure on regulators to finally Act.

«Unusual trading patterns in the environment of the 15-hour fixing are a sign of behavior abgekartetem and should be investigated», the Stern School of business last week wrote two professors at the University of New York in a report, which is so far not yet made public. That at least reported the news agency «Bloomberg»

The British "financial times" online recently published an article titled «gold price rigging fears put investors on alert» (German: «Manipulation fears in terms of gold price alert investors»). The article is however not more available online, but still available in the memory of the Google's search engine service .

Unnatural price movements

The post quoted an employee of the Fideres Research Institute. The company found out that gold was exposed to strong movements regularly directly before and directly after the phone conferences within the framework of the component.

The structure of the price formation process is certainly conducive to collusion and manipulation. The empirical data would indicate unnatural price movements, have also the New York professors Rosa Abrantes-Metz , and Albert Metz found out. From this they conclude: «It is likely that an interaction between the participants can occur.»

Rashes in the afternoon

The professors studied the gold price movements between 2001 and 2013 throughout the day according to further information and researched after unexplained rashes that suggest illegal behavior. As of 2004, it discovered repeated eruptions in the afternoon that have can be seen either around to the Vormittagsfixing before 2004.

The findings are not new. On the unusual course patterns already had the precious metals expert Dimitri Speck in his 2010 published "book «secret gold policy» pointed out. It is clear: the accumulation of reports in the wide media now increases the pressure on the participating banks and the supervisory authorities.

Offline purpuratum

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #143 on: March 06, 2014, 08:07:52 AM »
Gold dealers complain against Goldfixing banks

Thursday, March 06, 2014 09:59 PDF
   

Now there is the first lawsuit of gold price manipulation. A New York dealer has filed in a US Federal Court action for damages against the Goldfixing banks.

After the LIBOR affair threatens the banks once again adversity. New York has Deutsche Bank with Barclays, HSBC, the Bank of Nova-Scotia-Mocatta bullion dealer Kevin Maher and sued Société Générale due to manipulation of the gold price. All five banks set the gold price every day.

Maher blame the banks for many years to have tampered with the daily reference rates. He seek a class action lawsuit on behalf of all investors who have traded gold or gold derivatives since 2004, the price of which is based on the fixing, reports the news agency «Reuters».

Is the price of gold manipulated?

The banks deny the allegations. Deutsche Bank told «Reuters» that the lawsuit was groundless. She will defend resolutely against it. Société Générale expressed similarly. The other banks refused to comment or were not reached for comment.

The suspicion that the quasi official price of gold could be manipulated, had alarmed many regulators months ago. Tangible results of their investigations are not yet known.

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #145 on: March 07, 2014, 03:40:25 AM »
Im not persuaded by the spot price action we've witnessed in the past few weeks, both in silver and gold. I suspect that investors are being set up for a heavy hit. I am convinced in the case for a collapsing paper gold and silver price to pave the way to true value being assigned to gold and silver bullion. The case is best made at  precious metal Pete at his freedgold blog and by FOFOA at his blogspot. These two are essentially putting forward the case made by Another and FOA at the usagold forum back in 1998 and into 2001. It is eye opening material, well worth your time.
Regards to all.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #146 on: March 10, 2014, 10:52:36 AM »
It is obvious the US dollar will collapse.   That is why i got into MCC over 3 yrs ago.   Bullion is second best choice.  Willie is a bit colorful and long winded but this article makes sense.   I did not see the video.  Any additional information there?    The sheeple today tell me China owns our gold and they are taking note to prices paid for genuine, rare Chinese collectibles.    We will soon see a mania for MCC.   Supply could disappear soon.  I know nothing about Russian money.   I do not collect rare US coins.  As the dollar goes down the rare US coin market could go down.......maybe.   The MCC market will see a huge uptick at some point and maybe we are starting to see that today w/ increased prices on some MCC........just my two cents......


http://usawatchdog.com/80-decline-in-value-of-u-s-dollar-in-three-years-dr-jim-willie/

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #148 on: March 11, 2014, 10:10:07 AM »
The World's problems are coming to a head.  Years ago i studied the Theory of Peak Oil.   The World's oil supply is too low to support the population.   I think this is the heart of the matter.   MCC will soon see a supply crunch.  Also, RCC is reloading their Chinese silver.........

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #149 on: March 13, 2014, 10:27:44 AM »
We are close.  Russia has moved their $ from West banks to East banks before the Crimea invasion.   My only question is when US dollars become weak, will rare US coins keep their value?   No brainer that rare Chinese/Asian coins/medals will rise in value.   I am also rethinking my earlier prediction of $1,000 silver bullion.  Maybe the articles that say $10,000 silver bullion are correct.  Time will tell........


http://goldsilver.com/news/paul-craig-roberts-u-s-is-completely-busted-non-delivery-of-gold-crash-the-system-war-in-ukraine/

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #150 on: March 13, 2014, 01:16:41 PM »
We are close.  Russia has moved their $ from West banks to East banks before the Crimea invasion.   My only question is when US dollars become weak, will rare US coins keep their value?   No brainer that rare Chinese/Asian coins/medals will rise in value.   I am also rethinking my earlier prediction of $1,000 silver bullion.  Maybe the articles that say $10,000 silver bullion are correct.  Time will tell........


http://goldsilver.com/news/paul-craig-roberts-u-s-is-completely-busted-non-delivery-of-gold-crash-the-system-war-in-ukraine/

First things first . . . can we even get back to 30? How about breaking $50? Only then will I even entertain the notion of $100/oz silver

Offline exchange

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #151 on: March 13, 2014, 05:42:23 PM »
My only question is when US dollars become weak, will rare US coins keep their value?   No brainer that rare Chinese/Asian coins/medals will rise in value.   I am also rethinking my earlier prediction of $1,000 silver bullion.  Maybe the articles that say $10,000 silver bullion are correct.  Time will tell........

$10,000\silver? if that ever happens, I can reassure you I will not care what my Chinese/Asian coins/medals will be worth. I would be happy with spot! :)

exchange

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #152 on: March 13, 2014, 09:35:15 PM »
This is not a very good article but good enough.   The industrial users can buy up most supply of silver bullion quickly.   Again, 100 oz of paper silver (and gold) for each oz of physical silver.    Again, the experts estimate $300 million to $400 million of silver/gold bullion available in the US and several $ trillion in investment capitol looking for ROI.   The math is obvious.   Some experts think gold and silver will eventually be priced about the same due to low supply.   This year, next or 2 yrs is unknown.  Most articles say the stock market is headed down the tubes too so where will investment flood into?  The Chinese know and are ahead of the game as they are bullion like crazy.   I am grateful bullion is still manipulated........


http://silverinvestingnews.com/22041/silver-supply-shortage-deficit-purefunds-etf.html

Typical recent stock market post.....


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/13_David_Stockman_-_We_Will_See_A_Massive_Selling_Panic_In_Stocks.html

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #153 on: March 13, 2014, 09:52:56 PM »
The flaw in your logic may be that the Chinese dont expect a return on investment?by buying bullion. They buy for preservation of wealth. In a world where silver and gold are astronomically high,  wont the prices of everything else be similarly high?

I dont totally disagree with you, but your view is certainly on the extreme side, eh?

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #154 on: March 13, 2014, 10:31:14 PM »
Preservation of wealth is correct.  Yes, food supplies and other necessities will go up too due to a decline in value of overprinted currencies.  I was not thinking of Chinese concern of ROI.  My thought was the US market.  It is not extreme due to the low supply of available bullion.  It will take a fraction of the $ trillions on the sidelines to buy the remaining supply.  Today bullion is considered real money.  For many stupid reasons the US investors do not get the picture like the Chinese citizens do.  I like the Kudlow Report but he loves paper instruments as an example.  The world cannot continue to print and expect currency to keep its value.  Eventually the money has to flood into bullion and rare coins.  There is no other choice except necessities like oil, farm lands for food, etc.   I don't like what i see in the future and am helpless to stop it, so may as well be prepared.......

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #155 on: March 13, 2014, 11:55:46 PM »
For years I have noticed that collectors almost always prefer silver bullion as an investment over gold bullion.  While investors always prefer gold bullion over silver bullion.  The difference I suspect is budget and physical size, collectors as I have defined them invest $500-$20K and they want to have something to show for their purchase that is sizeable.  While investors with $50K+ gravitate towards gold because of its portability ($50K of silver is 200 pounds, while gold is 3 pounds).  

If we ever get to a point where gold or silver is trading at 25x-50x what they are today, I am certain people are going to want something that is portable well ahead of size because they will need to hide their wealth and be able to move their wealth easily from one location to another.  Imagine you are in Ukraine, Argentina or Syria, and you need to hide your wealth and be able to move your wealth discreetly, what should you own?  If silver or gold in terms of US dollars ever trades 25x-50x today's prices I think your answer is the same as that to prior question.  

My comments are only related to bullion and should not be indicative of numismatic coins, even though some of the same logic may apply (portability).  

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #156 on: March 14, 2014, 09:19:08 AM »
The flaw in your logic may be that the Chinese dont expect a return on investment?by buying bullion. They buy for preservation of wealth. In a world where silver and gold are astronomically high,  wont the prices of everything else be similarly high?

I dont totally disagree with you, but your view is certainly on the extreme side, eh?



Over 2 years ago I made many posts and comments that were considered outrageous and then some.  I read the evidence back in about 2006 and it is all coming true today.  Today, many members of this forum have emailed me as they have made life changing decisions.  Do not want to be known as some outrageous poster, just want to warn others of what is coming down the pike.  The more that know and prepare, the better off we all are..... 
A article came out this morning on jsmineset that North Korea fired a missle at a Chinese airliner.  IF it is true then this is the beginning of the end of N. Korea.  Also agree w/ Arif about portability of precious metals but gold is too spendy for my tight budget........


http://srsroccoreport.com/precious-metals-prices-to-rise-as-the-u-s-economy-disintegrates/precious-metals-prices-to-rise-as-the-u-s-economy-disintegrates/

Offline Pandaguy

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #157 on: March 14, 2014, 09:28:09 PM »



A article came out this morning on jsmineset that North Korea fired a missle at a Chinese airliner.  IF it is true then this is the beginning of the end of N. Korea.



Without even looking for the article, I find it very hard to believe that North Korea would do anything to piss-off China -- especially militarily. North Korea is dependent upon China for food and military aid, and other as a matter of survival. China is one of North Korea's few "friends" in the world. It may be a matter of good reason for China, because if China were to cut off all ties to North Korea, where do you think the North Koreans would flock to -- yep, to their neighbor China to the north and west! China does not want that headache.

Offline pandamania

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #158 on: March 15, 2014, 10:46:16 AM »
This topic has been accurate since Mr. Organic first posted it in April, 2013 (we are actually about unchanged in gold since that time), although it has felt a lot worse as we continued a downleg and bottoming action in a brutal sell off that has created some of the most oversold readings in the history of the metals market. From such readings major bull market uplegs are formed.

Metal stocks typically lead bullion in a directional move. Just this week the XAU had its first upside golden cross (50 day moving average through and above the 200 day moving average). This, along with the confirmation of many weekly and monthly indicators, is usually indicative of a major change in the direction of the metals market The last upside golden cross in the XAU occurred in April, 2009. After a major rise it was followed by a downside cross in October 2011 (there was a false upside cross in October, 2012 - January, 2012 following a strong rally the prior 3 months). If this weeks cross and weekly/monthly confirmations are valid we should be in the early stages of a major upleg in the metals market.


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #159 on: March 15, 2014, 10:47:47 AM »
Facts are facts.  I agree that N. Korea is dependant on China.  Maybe it was a mistake or maybe the new "Great Leader" is out of control.  China is not always known for diplomacy.  If anyone can take him out, my money is on China.  The truth is not always palatable and sweet.  Many articles are out about this.   N Korea just killed a high executive that was favored by China too.  From what i read the new "Great Leader" may get a severe spanking from China.......


http://www.scmp.com/news/china/article/1446092/beijing-urged-get-tough-north-korea-over-missile-near-miss


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #160 on: March 15, 2014, 09:17:32 PM »
This topic has been accurate since Mr. Organic first posted it in April, 2013 (we are actually about unchanged in gold since that time), although it has felt a lot worse as we continued a downleg and bottoming action in a brutal sell off that has created some of the most oversold readings in the history of the metals market. From such readings major bull market uplegs are formed.

Metal stocks typically lead bullion in a directional move. Just this week the XAU had its first upside golden cross (50 day moving average through and above the 200 day moving average). This, along with the confirmation of many weekly and monthly indicators, is usually indicative of a major change in the direction of the metals market The last upside golden cross in the XAU occurred in April, 2009. After a major rise it was followed by a downside cross in October 2011 (there was a false upside cross in October, 2012 - January, 2012 following a strong rally the prior 3 months). If this weeks cross and weekly/monthly confirmations are valid we should be in the early stages of a major upleg in the metals market.






It does look like a price increase as supply is dwindling.  IF there is a agreement by Russia to not invade Ukraine then that could be a excuse to drop prices once again.  That will be temporary (weeks, months, or year?) as available supply cannot be changed.....

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #161 on: March 16, 2014, 11:49:30 AM »
It does look like a price increase as supply is dwindling.  IF there is a agreement by Russia to not invade Ukraine then that could be a excuse to drop prices once again.  That will be temporary (weeks, months, or year?) as available supply cannot be changed.....

Thank you pandamonium.

 ....for the record I am bullish on metals now. March 15th/2014   Gold 1370

1. Russia for the 2nd time putting america in its place (down the ladder)

2. Putin out thinking obama (which isnt very hard to do). China has sided with Russia.

3. Putin is very pro-gold & the eastern bloc country. China ditto

4. Oligarch's pulled all there $ out of U.S. weeks ago. (what will they buy now??  real estate there filled up on now & U.S & england
could freeze that!) China the same, there country has put in capitol countrols & there loaded up on real estate also!!

5. Look at the past ART & Diamond auctions....thru the roof.    its all cyclical...Gold is next!

6. Saudi's &  Israel are upset with the U.S. over IRAN & SYRIA.

6a. Everyone is upset with the U.S./  hint:   NSA

7. Bottom line.. The U.S. "ILLUSION" of the world's superpower is showing cracks!!!
There umero uno status is what keeps the dollar strong.....this is waning. Other countries smell blood in the water
& it will be a dumping frenzy of dollars!!!!

China/Russia/& a middle east country will all trade in a currency/asset OTHER THAN the dollar!!!

Mark this call!!

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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #162 on: March 16, 2014, 11:48:51 PM »
I agree.     Maybe this link will give a little more detail.......Remember my high silver price?  Jim thinks $50,000 oz gold eventually........


http://usawatchdog.com/putin-has-nuclear-economic-bomb-jim-sinclair/


Putin out thinking Obama?  Not much of a challenge there.   Have you read the many articles on who the Muslim Brotherhood member is?   hint......it is not Putin........


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #163 on: March 20, 2014, 10:34:22 AM »
This article says China's housing boom is going bust.   Many fire sales.  Will the investment capitol flood into bullion and MCC?........


http://www.zerohedge.com/news/2014-03-19/music-just-ended-wealthy-chinese-are-liquidating-offshore-luxury-homes-scramble-cash

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #164 on: March 20, 2014, 11:42:44 PM »

http://mobile.wnd.com/2014/01/general-muslim-brotherhood-inside-obama-administration/

Our military knows all about this and there are many other articles.  At some point i will help to connect the dots........



http://thecommonsenseshow.com/2014/03/20/putins-plans-to-seize-eastern-europe-and-alaska/

Dave Hodges Commonsense show should be a daily read.  Russia to take Alaska, China to take Hawaii Islands but do not know the time frame.   My far fetched posts 2 yrs ago of $1,000 oz silver is not so outlandish today as many articles state the same.  That price was obvious 7 to 8 years ago.  Will give a little information now and then......

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #165 on: March 21, 2014, 04:03:48 PM »
REALLY :) So while Russia is taking Alaska and China is taking the Hawaiian Island,s what do you propose we will be doing in the US eating hotdogs ??   I hope you are right about the $1000 silver though :)   

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #166 on: March 21, 2014, 09:55:04 PM »
Our military has many warnings for those that want to listen.  I trust their opinions.  Today many analysts say the US dollar is overprinted and in trouble.  China/Russia own the gold so eventually they will make the rules.  Have no clue to the time frame.  I studied the Theory of Peak Oil years ago.  The world is dependant on oil.   The late Matt Simmons warned that no matter what the press says, the world's oil supply is depleting.  Many other top oil experts say the same.  Fracking is not going to save us.  The Theory said as oil supply dwindles it will cause conflicts.   There were many basic graphs on silver mining and where it was used as in industrial, coinage, etc.  It showed the worlds increasing money supply.   They said at some point the world will flood into bullion and out of paper currencies.   A small amount of bullion being chased by large amounts of money equal very high bullion prices.  Bullion like most all markets are manipulated today.  Most everything i studied back then is coming true.  Don't believe anything i post but keep it in the back of your mind and watch the events unfold.  There are whistleblowers that tell the truth today as our news is watered down.  Another very good read was the late (and great) Bob Chapman of the International Forecaster.  He exposed lies and corruption that our media was selling to the public and he brought the truth forward of our financial system.  There are members of this forum that agree w/ my far out opinions but keep quiet.  Many others (friends, associates, etc) that i email say i am nuts then digest the information and eventually they agree w/ me.   Keep track of where our world is headed.....

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #167 on: March 22, 2014, 08:00:40 AM »
I dont believe you are nuts ,and I do believe in gold and silver, here is my opinion ,end of the US doom and gloomer's are overblown ,,china has ghost cities where they poured billions into propping there economy ditto for Russia ,the chinese have more bad loans in their system than anywhere on the planet all made by the government,LETS NOT FORGET the Chinese hold trillions in US debt so they are in the same boat as us:),  Russia close to bankruptcy! USA not in great shape either ,silver and gold being manipulated? ABSOULUTLY!  but everyone is playing in the same ballpark here and as long as everyone honors everyone,s paper  which they are pretty much forced to do ,you are not going to see people buying loaves of bread with silver bullion, the whole world is at the same party we will have peaks and valley's ,but Russia, USA and China ...all in the same boat........  can we see 3000 gold and 75/100 silver in the next 10 year,s maybe cuased by people with fears about paper money? who knows ,silver @ 1000 far fetched IMHO I don't like our situation but corruption and manipulation has been going on throughout the world for 1000,s of years , so where we are today is Status quo IMHO

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #168 on: March 22, 2014, 12:45:09 PM »
Tried to reply but got timed out.   When the world currencies get in trouble then gold/silver will take over.  Right now China/Asia and Russia own the gold so it is their benefit to collapse the currencies eventually.   Who knows how this mess will play out but i hope i have more time.  Would love to move to the Southern hemisphere.  New Zealand just converted their money to the Yuan without the US dollar so the stage is set.   Russia is taking back all the land they lost.   Very important today to own Chinese money as i know nothing about Russian rubles or rare coins.  The mania if not panic to flood into bullion (real money) and Chinese money will happen in due time.........

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #169 on: March 22, 2014, 01:07:30 PM »
Just an observation here:) I lived in china for 6 years ,my wife is Chinese,so this is not china bashing.......... some of my wife's long time friends are very well to do Chinese ,the reports of wealthy Chinese trying to convert RMB to dollars, united states real estate or anywhere for that matter out of China are not stories ............ there is a mass exodus of wealth moving out of China  ,I am not saying the RMB is not stronger than it ever was that IMHO is a result of the Chinese government releasing  grip  on the RMB and not artificially pegging it to make there export's cheap, they have not released the controls completely just relaxed a bit.....  it would appear to me you have a false sense of security in the RMB the smart folks who hold lots of it feel it is a time bomb waiting to go off ,it for sure is not a currency of choice with it's own people and by no means any safer than USD. New Zealand  is a beautiful country and has fantastic people but reality is the State of California in the United states has 7 times the GDP of the whole country ,the move to the yuan is based upon  80% of export transaction from the country are with China it is a business decision not flight to a perceived safer currency  nothing more nothing less. I am not picking a side here but if the usd falls it will almost certainly be after the ruble does and I am pretty darn sure after the yuan also.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #170 on: March 22, 2014, 06:19:07 PM »
That is interesting.  If the wealthy Chinese want out then the problems will be major.  Maybe that means we have more time before the USD is in trouble.   As the Chinese wealthy want to convert to USD or other currencies that does not sound good for MCC.   IF the currencies fall, USD, ruble, Yuan then it all goes back to precious metals as wealth and hopefully MCC.  IF the Yuan falls then what will happen to the premium on MCC?   Will the rare coin market be mature enough to maintain value?......

Offline Pandaguy

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #171 on: March 22, 2014, 08:14:15 PM »
Just an observation here:) I lived in china for 6 years ,my wife is Chinese,so this is not china bashing.......... some of my wife's long time friends are very well to do Chinese ,the reports of wealthy Chinese trying to convert RMB to dollars, united states real estate or anywhere for that matter out of China are not stories ............ there is a mass exodus of wealth moving out of China  ,I am not saying the RMB is not stronger than it ever was that IMHO is a result of the Chinese government releasing  grip  on the RMB and not artificially pegging it to make there export's cheap, they have not released the controls completely just relaxed a bit.....  it would appear to me you have a false sense of security in the RMB the smart folks who hold lots of it feel it is a time bomb waiting to go off ,it for sure is not a currency of choice with it's own people and by no means any safer than USD. New Zealand  is a beautiful country and has fantastic people but reality is the State of California in the United states has 7 times the GDP of the whole country ,the move to the yuan is based upon  80% of export transaction from the country are with China it is a business decision not flight to a perceived safer currency  nothing more nothing less. I am not picking a side here but if the usd falls it will almost certainly be after the ruble does and I am pretty darn sure after the yuan also.

I am an expat living in China, my wife is originally from China, and I rightfully-so DO bash China (government)!!!! While it is true that many wealthy Chinese are converting to USD and buying property in USA, the reason is simple. They are tired and do not trust their very corrupt commie government. Just look at their sad history since 1949. Mao and his cohorts runied that country, culture, and psyche. Hopefully, the next revolution will not be too far-off! The Chinese people deserve much better. Many wealthy Chinese purchase multiple living quarters in China. If they are fortunate to own a villa (house), they are crazy about adding-on; especially if their neighbor has already done it. They got to keep up with the Jone's -- that is the Chinese way. Many wealthy Chinese became wealthy after they were "gifted" a government job. Yes, bribery, blackmail, payoffs, skimming, etc., makes one wealthy very quickly in China. I believe that the major reason for the disastrous air quality in China is due to the politicians taking pay-offs from polluting businesses in exchange for looking the other way regarding implementation of pollution control devices in their factories. Life in China is VERY cheap! Remember, it is 2014, not 1945; the technology is there, but it is expensive. It is much cheaper to pay-off a crooked government official than to install pollution-control devices. The same can be said about the water. Hey, it's 2014 and the water from the faucet is not safe to drink! How sad indeed. Okay, it's time for me to pee in the street just like all the rest!!!   N16

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #172 on: March 22, 2014, 08:50:41 PM »
I am an expat living in China, my wife is originally from China, and I rightfully-so DO bash China (government)!!!! While it is true that many wealthy Chinese are converting to USD and buying property in USA, the reason is simple. They are tired and do not trust their very corrupt commie government. Just look at their sad history since 1949. Mao and his cohorts runied that country, culture, and psyche. Hopefully, the next revolution will not be too far-off! The Chinese people deserve much better. Many wealthy Chinese purchase multiple living quarters in China. If they are fortunate to own a villa (house), they are crazy about adding-on; especially if their neighbor has already done it. They got to keep up with the Jone's -- that is the Chinese way. Many wealthy Chinese became wealthy after they were "gifted" a government job. Yes, bribery, blackmail, payoffs, skimming, etc., makes one wealthy very quickly in China. I believe that the major reason for the disastrous air quality in China is due to the politicians taking pay-offs from polluting businesses in exchange for looking the other way regarding implementation of pollution control devices in their factories. Life in China is VERY cheap! Remember, it is 2014, not 1945; the technology is there, but it is expensive. It is much cheaper to pay-off a crooked government official than to install pollution-control devices. The same can be said about the water. Hey, it's 2014 and the water from the faucet is not safe to drink! How sad indeed. Okay, it's time for me to pee in the street just like all the rest!!!   N16

Panda guy ,I was trying to stay on the politically correct side of the fence and only talk economically ,you are not alone in those feeling,s, in the 90,s when I lived there it truly was different a very closed society and a very different place,people had moral's there was always corruption but not a genuine disregard for life over money,the internet has made the country much more transparent and the middle class to less fortunate people very angry as news spreads very quickly of all the things you talk about in your post...the Chinese government better be very careful, people are tired of there kids being poisoned by the air for god sakes it is 1950 technology to make a coal fired plant clean the pm 2.5 levels throughout the country are truly VERY HARMFUL to human being,s on a very short term basis ,I truly believe that if the government does not start taking care of their people on all levels,they wont be able to contain the revolt by killing 10 or 20 thousand people in a square .they would have to kill millions and still they wont succeed, pandaguy there are well off folks in china who made money honestly........... the flight of wealth out of china BELIEVE ME when I tell you has 2 fold reason and none of it is currency fear ,people want a better life if they can afford to have it #1 but the bigger factor is these people see  whats coming and it scares the **** out of them,unless China makes a drastic turnaround .what will happen in that country will make the Arab spring and a couple of hundred thousand poor folks dead in Syria  look like a day at the beach..........I am very sad to say .It is a great nation with great people gone completely crazy  

<SANDAC> edit for language
« Last Edit: March 22, 2014, 11:03:28 PM by SANDAC »

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #173 on: March 22, 2014, 11:41:54 PM »
Most articles say the West is out of gold to sell to the East.  I think that is why Putin is plowing ahead.  When Russia's economy crashed their military was neutered.   Will that happen to the US military when the over printed USD goes down the drain?   The currencies of Russia and China could crash too but they own the gold so they can rebuild quickly, while the West cannot.  It will all boil down to who owns the gold.  No one knows for sure how it will play out but we will find out and hopefully not for some time........


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #175 on: April 04, 2014, 03:41:20 PM »
$12,000 gold?  $50,000 gold?   Holy cow, maybe some Yay-hoo will predict $1,000 oz silver.   Wait a minute.  I posted that over 2 yrs ago on this forum.  Hmmmmm....   Food is not going up, the US dollar is going down.   Who knows the time frame, this year, next year, after that?   Easy read article that makes sense.   Good one to forward to others.......


http://kingworldnews.com/kingworldnews/King_World_News.html

Offline brewcity

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #176 on: April 06, 2014, 05:21:58 PM »
pandamonium: I read the article and reviewed the charts they presented - to say it's optimistic is a huge understatement. Looking at a single chart in a vacuum (ignoring other critical market factors) is a hack job. Sorry, but I can't give weight to any speculation posted in that blog article.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #177 on: April 06, 2014, 09:22:05 PM »
I do not know if the charts are accurate but the point is that when you print too much currency, it will cause the value of real money, gold, to eventually skyrocket.   We are printing $trillions.....

Offline brewcity

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #178 on: April 06, 2014, 09:41:35 PM »
I know it seems a little counter-intuitive, but so long as countries are willing to accept our US debts (printed money) then there won't be skyrocketing seen. The real skyrocketing would occur only if our currency takes a dive (inflation) relative to OTHER foreign currencies (they stop issuing us credit). So, if the US dollar remains steady compared to other major foreign currencies, you won't see skyrocketing.

Offline davidt3251

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #179 on: April 06, 2014, 09:57:03 PM »
I do not know if the charts are accurate but the point is that when you print too much currency, it will cause the value of real money, gold, to eventually skyrocket.   We are printing $trillions.....

I dont think its that simple.

Martin Armstrong this weekend:

"increase the money supply, as the Fed has done, but raise taxes, tax enforcement, and the collapse in the velocity of money will offset any increase."

(Hint: Velocity has never been lower)

http://armstrongeconomics.com/armstrong_economics_blog/

Offline MrOrganic

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #180 on: April 07, 2014, 05:33:45 AM »
I dont think its that simple.

Martin Armstrong this weekend:

"increase the money supply, as the Fed has done, but raise taxes, tax enforcement, and the collapse in the velocity of money will offset any increase."

(Hint: Velocity has never been lower)

http://armstrongeconomics.com/armstrong_economics_blog/

Agreed.  Very interesting perspective.
Thank you
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Offline brewcity

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #181 on: April 07, 2014, 09:13:25 AM »
David, great blog article written by someone with authentic economic comprehension. Thank you for sharing to advance the discussion and knowledge base of this topic's readers.

Offline davidt3251

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #182 on: April 07, 2014, 10:50:40 AM »
Martin Armstrong is my favorite economic blog, been reading him since he was in maximum security prison.

I still believe MCCs rise, but not due to hyperinflation. Rather increased taxes and regulations are slowing investment, and the threat of bank bail-ins is driving deposits away from banks. Assuming that money continues to go to liquid assets like London real estate and US stocks (both overvalued) then it is also assumed gold/silver/MCC becomes a beneficiary in the process.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #183 on: April 09, 2014, 12:02:23 PM »
Gold backed Ruble?   (Barney Ruble)  The Chinese will announce a gold backed Yuan at some point.  Positive for MCC and rare Russian coins too.  Will this increase interest in physical bullion?...........(last month article stated the US has $300 million to $400 million worth of bullion for sale.   $ Trillions of investment capitol on the sidelines looking for ROI.).........


http://news.goldseek.com/GoldSeek/1397023500.php

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #184 on: May 10, 2014, 09:57:54 AM »
My past wild opinions are becoming mainstream news today, Sprott agrees too.  So i am not totally off base but maybe a bit ahead of the curve.  We can all see what is coming down the pike.  Too much cash looking for ROI and not much bullion to fill the upcoming demand.......It will be a flood of cash chasing bullion.   We should see somewhat similar demand for the Chinese collectible/money market as the public comes to the conclusion China owns the gold, world resources, and the wealth.   So members here and collectors of MCC will be in the sweet spot of investment.   Just my two cents and i have no definite time frame..........


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/9_Sprott_-_Is_It_Possible_That_We_Will_See_$400_-_$1,000_Silver.html

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #185 on: July 01, 2014, 10:14:41 PM »
http://www.globalresearch.ca/russia-strikes-out-at-sanctions-and-takes-its-battle-to-the-dollar/5389343

"Russia is making a concerted attack on the status of the America’s greenback dollar as a global reserve currency and is in the process of abandoning the ‘petro-dollar’ as its trading unit for oil and gas.

Russian energy companies have been told to ditch the dollar and sign contracts in rubles and the currencies of partner-countries.

The desire to reduce the use of dollars is in line with China’s aim to promote international use of the Chinese yuan. Other emerging market nations would also like to see reduced American hegemony."
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #186 on: July 02, 2014, 09:05:23 AM »
Agreed.  Most think the Yuan cannot replace the USD for years.   It could happen much quicker.   We all know the USD is headed down.   Today the Yuan is accepted Worldwide including the West.   Gold/silver will be the utimate currency.   This will propel MCC as it will be considered the best of Chinese money.   Who will not want to own MCC in the near future?.......Investor's sweet spot.....

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #187 on: December 10, 2014, 05:58:32 AM »


In early 2013 Germany asked for a large portion of its gold back from the New York Fed. It’s a slow process that’s running behind schedule, prompting many to doubt whether the Fed even has all the gold it purports.

http://etfdailynews.com/2014/12/08/why-gold-will-move-higher-in-2015/


Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #188 on: December 10, 2014, 04:52:33 PM »
Was it you (WG) who asked US for your gold back?  :blink:

Offline Butch

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #189 on: January 09, 2015, 05:50:47 PM »
The gov'ts of North America and western Europe may have depleted their gold reserves but still plenty private ownership of PMs (and other forms of wealth) in both areas relative to other countries, even growing countries.

Gold going flat?  Impossible. 

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #190 on: January 09, 2015, 07:22:26 PM »

In early 2013 Germany asked for a large portion of its gold back from the New York Fed. It’s a slow process that’s running behind schedule, prompting many to doubt whether the Fed even has all the gold it purports.

http://etfdailynews.com/2014/12/08/why-gold-will-move-higher-in-2015/



Gold Went up today as the world found out the US has returned a huge gold hoard back to WG and as everyone knows WG never sells this of course could cause a world wide shortage LOL ,Pictures of the reclaimed hoard WG??? :):)

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #191 on: January 10, 2015, 04:05:35 PM »
still waiting, but that's for sure
the same procedure as every year !  :001_tongue:

http://www.goldseiten-forum.de/index.php?page=Thread&postID=230384#post230384

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #192 on: January 20, 2015, 03:19:03 PM »

only 120 tonnes ...  :(

Quote
Gold is money. The only money not based on credit and without counterparty risk.

http://www.goldseitenblog.com/peter_boehringer/index.php/2015/01/19/comments-re-bundesbankas-announcement-of


Offline SANDAC

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #193 on: January 23, 2015, 03:21:37 PM »
wg,
Looking good for you  :thumbup:  and Mario Draghi is determined to blow gold sky high, in Euro.

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #194 on: February 01, 2015, 01:46:50 AM »
sandac

it's bad for me .... i'm still a buyer and get less gold. 

best regards
.

Quote
.. hole of 30 tons ..

http://www.zerohedge.com/news/2015-01-31/did-federal-reserve-make-major-math-error-when-reporting-its-december-gold-withdrawa




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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #195 on: April 13, 2015, 11:41:22 PM »

   Here is my next theory:

   Gold will drop to around $1000

Stock market will fall around mid Jan/Beg Feb, Around this time OIL will rise!

"BUT" there will be certain "pump & dump" stocks they will manipulate.  "cough"  FB,  apple, twitter

Real estate is already starting to wane in "Average median income suburbia"

Just follow the 08' Bank theft playbook & it should follow the same pattern.


BITCOIN "cough" BITCON is run by our GOV or coordinated with others to:

1. Placate the masses with hope of a new GOLD & have them dump there gold.

2. They already admitted they had a mole inside "Silk Road". Why spend billions in man power chasing what you heard or saw on

cell calls, emails,etc When you can just follow the "money", Couple guys just sit an watch where the bitcoin money flows, back & forth &

you got every Arms dealer, Human smuggler, Hacker, "terrorists" right there at your fingertips!!


 Bitcoin is a NSA/CIA "honeypot".

R

Gold only dipped to $1130
S&P is 500 points higher than its 10 year peak!!!
Real estate is higher (middle to upper class)
OIL dropped big!     

wrong on all 4 points.

BITCOIN fiasco I was semi-right LOL
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #196 on: July 17, 2015, 01:09:05 PM »
LETS SEE WHAT HAPPENS HERE :)
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #197 on: August 24, 2015, 07:35:58 PM »
  Gold will creep up until stock market takes a serious correction!!!!
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Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #198 on: December 29, 2015, 04:52:48 PM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #199 on: December 30, 2015, 02:54:02 AM »

The main reason commodities are underpriced is US monetary base, which goes down and has no attitude to increase in near future.
Monetary base has a lag for about 1 month before affecting the prices of commods,
 Including PMs.
Being a long term buyer of mostly silver I am staying with cash now and watching the trend of US monetary base and other currencies

Offline poconopenn

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #200 on: January 07, 2016, 03:50:58 PM »
Article from World Gold Council, Jan. 7, 2016

Gold was down in 2015 in US dollars but not in all currencies

The gold price fell by more than 11% in 2015 in dollar terms as the US currency strengthened across the board. However, more than 90% of physical demand coming from outside the US. For all these non-dollar investors, it is the local price – and not the US dollar price – that matters most. During 2015, the non-US dollar price of gold has held up even moving up in some currencies.


https://www.gold.org/research/investment-commentary-2015-review-2016-outlook


Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #201 on: February 10, 2016, 12:49:05 PM »
 
 N67

Quote
. .  negative rates could go far lower than not only prevailing negative rates, but well below gold storage costs as well. 


http://www.zerohedge.com/news/2016-02-10/jpms-striking-forecast-ecb-could-cut-rates-45-boj-345-fed-13


Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #202 on: February 26, 2016, 05:24:50 AM »
times are changing

Quote
In Odd Twist, Canadian Bullion Dealer Offers To Pay Interest On Gold And Silver

http://www.zerohedge.com/news/2016-02-23/shocking-twist-canadian-bullion-dealer-offers-pay-interest-gold-and-silver




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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #203 on: March 13, 2016, 12:45:27 PM »
Very slow MELTUP in metals from here.

Pt &  Pd slowest of all.

OIL dropping as a MIDDLE east economic weapon.

"FRAUD" market *cough* I ment STOCK MARKET will meltdown after the POWERS TO BE CHOOSE WHO THEY WANT TO

RULE.

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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #204 on: March 13, 2016, 08:55:12 PM »
Stock market is a TOTAL FRAUD.   Even Peter Shiff is not allowed on CNBC because he tells the truth and is not a shrill for the stock market.    The corrupt powers that be do not want Trump as president.    Even the paid off media labels him as a racist criminal.   How stupid is stupid?   Trump represents what the USA once was.   He tells the truth.   I will vote for Trump and hopefully Peter as Vice President.......anyway we look at it, China and the Yuan will rule in time.....

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #205 on: March 18, 2016, 02:14:47 PM »

 N14

Quote
The world’s largest reinsurer,  German reinsurer Munich Re is boosting its gold reserves and buying gold in the face of the punishing negative interest rates from the European Central Bank, it announced today......


http://www.goldcore.com/us/gold-blog/worlds-largest-reinsurer-buying-gold-to-counter-punishing-negative-rates/

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #206 on: July 08, 2016, 03:14:53 AM »

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #207 on: July 08, 2016, 10:18:21 AM »
Very slow MELTUP in metals from here.

Pt &  Pd slowest of all.

OIL dropping as a MIDDLE east economic weapon.

"FRAUD" market *cough* I ment STOCK MARKET will meltdown after the POWERS TO BE CHOOSE WHO THEY WANT TO

RULE.






I MISSED THIS MELTUP :(   

MY NEW BUSINESS TOOK ALL MY CASH LOL
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Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #208 on: July 08, 2016, 06:33:09 PM »
Very interesting dynamic  gold still rising during a post Brixet run up in stocks ..Damn I should have bought the market heavier .. what I thought would take 60 day to push the Dow and S&p to where it is today took 10 days or less:). nice feeling market going up and gold too!!   im 20% gold  40 % stocks  40% real estate and cash  so happy days :)

Offline Grip

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #209 on: July 08, 2016, 07:38:08 PM »
Very interesting dynamic  gold still rising during a post Brixet run up in stocks ..Damn I should have bought the market heavier .. what I thought would take 60 day to push the Dow and S&p to where it is today took 10 days or less:). nice feeling market going up and gold too!!   im 20% gold  40 % stocks  40% real estate and cash  so happy days :)
Don't get too comfy with your stocks and real estate. Gold(better yet silver) and govies going forward....

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #210 on: July 09, 2016, 08:20:30 AM »
My realtor friends tell me to expect another big real estate crash, here in the Pacific NW anyhow.    Stocks are paper as are gold mining stocks.    Have a few buddies that love gold/silver mining stocks but they too are worried about paper.    Owning 20% physical gold in your possession and not in a bank lock box means you will overcome any losses......

Offline jc888888888

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #211 on: July 09, 2016, 09:20:42 AM »
all my gold & silver is physical  ...............stocks I have stop loss sell orders in place on everyone I own... I actually got sold out of a couple energy stocks during the Brixet mini crash   at a profit so ..so be it.....
I lived in Seattle years ago and go for business often ,,that real estate market especially Vancouver looks a lot like mainland China and HK and your realtor friend is probably right... too much Asian money driving prices to unsustainable levels..  If we are talking about China/HK real estate and pockets of USA real estate (NY, San Francisco parts of Texas etc..... that could be true  China is a huge bubble showing signs of bursting soon.  I am a bottom feeder LOL :) I love any investment when everyone else hates it:).  I  bought high value water front property in Florida and North and South Carolina in 2008 and 2009 when 2/3 the value was evaporated and banks where trying to clear there books of problem loans in the southeast.  Property,s that in 2006 where a million dollars ,where 250,000 in 2009 keep in mind high value salt water front property they CANT MAKE MORE.. unlike in Miami where they just throw up another high rise put a 2mil price tag on a condo with a water view and wait for the rich Russians, South Americans and Chinese to flood in and buy it .Those properties are problematic .  But trust me if you where selective in 2008,2009 you could have done as well as tripiling your money  .I have sold a few that I bought back then albeit way off the peaks of 2006 but still achieved 150% returns ++.Low interest rates in this country and a relatively good economy for people with high skilled jobs is driving housing here. The biggest problem in the US is the evaporating middle class the folks that used to work good paying manufacturing jobs etc and have the ability to live the American dream. This is the biggest problem in this country IMHO and will come to haunt us in the future

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #212 on: September 30, 2016, 05:35:54 PM »
Crashing Real estate:

Vegas
Vancouver
San fran
New York (luxury market)

……just look at the prices RENTALS are bringing!!!! 

http://money.cnn.com/2016/09/28/investing/china-wang-jianlin-real-estate-bubble/


All the economic/geopolitical signs are there that we will have a MINI-08'!!!!

sometime right before election or right after.

RAISE CASH!!!!


 
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #213 on: September 30, 2016, 05:52:09 PM »
Very slow MELTUP in metals from here.

Pt &  Pd slowest of all.

OIL dropping as a MIDDLE east economic weapon.

"FRAUD" market *cough* I ment STOCK MARKET will meltdown after the POWERS TO BE CHOOSE WHO THEY WANT TO

RULE.



Gold from March 13th till now "melted up from $1250 to $1380.

OIL has risen $8.  wrong on this one…..but right on saying it is a geopolitical weapon.

Stock market….well LOL that is just a big joke!!
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #214 on: November 09, 2016, 11:32:22 AM »
Now this is going to be interesting!!!!!

(Trump winning)
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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #215 on: November 14, 2016, 03:20:56 PM »
Looks like like Wall st (who runs the world partially) is embracing TRUMP's PRO-business platform.

Bad for metals (pm)
good for NON-pms (base metals/construction)

Dollar IMO will stay firm-strong while YUAN gets weaker (to the lay persons mind) all to establish itself as the world currency OR

a new currency based on Special Drawing Rights (SDR's) mixed with GOLD!

get your popcorn out folks!!

:)
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #216 on: November 14, 2016, 07:18:35 PM »
I agree w/ the opinions that the USD is toast, only question is when.    Debt and derivatives, no currency can survive that.   This is why the Yuan has been blessed and will take over so the rest of the world can still trade without the USD.    I see nothing that can hold back gold/silver.     The current manipulation will not last so many articles speculate by the end of this year.   
Trump is the USA last hope.    The truth bomb about the Clintons, Bushs, and Obamas is coming out very soon from Asange (spelling?).   This will rock the world.   For those of us that read Steve Quayle or Dave Hodges Common Sense show or have military connections will not be shocked as we know score.....Our US media are total scumbag liars.    Many post they want Trump killed like JFK.   In the past the Secret Service or other Federal Agencies would arrest and imprison the idiots but not today.      What i see on the news is sickening.    My neighbor spent time in prison for meth dealing, etc.   Her friends were dealers too.    They all tell me the DEA sold out to the mexican drug cartels so that is why our Pacific NW is flooded w/ meth and heroin.    They tell the truth.     This is the America i grew up in?    I have turned our NW police in for rape/crimes and there is zero investigation even when i have absolute proof.   There is no functioning legal system anymore.    When America has dumped our Bible laws for the laws of money and fear then it is game over.   I am a positive and upbeat guy but the truth is just that, so i am not trying to be negative, just honest.......We in the West are in a world of hurt soon.....

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Offline PandaCollector

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #219 on: November 22, 2016, 06:16:38 PM »
http://www.zerohedge.com/news/2016-11-22/and-rich-get-poorer-swiss-watch-exports-collapse-fastest-pace-lehman

As is often the case, statistics obscure the truth. In my view, sales of gaudy watches are off in China not because the economy there is collapsing, but because these watches can now attract unwanted scrutiny and questions. I would not attribute the sales decline in that country to economic factors and I would not leap to any conclusions about China's economy from these numbers.

Best wishes,
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #220 on: November 22, 2016, 07:17:50 PM »
I actually watched part of the liars news or CNBC today.   At times they interview people that are blunt and do not allow them to hog wash their opinions.   They had David Stockman a former budget director for President Reagan.     He pulled no punches and was honest.    He said the Federal Reserve is done.   Same opinion many on line analysts have said for years.    He gives us about 4 months max before the big crash or SHTF.     Maybe someone could look up a written article or two by David?     As i stated earlier, when the USD is in trouble the Yuan has it all in place to take over.     Lets see how this all plays out.   When the Yuan takes over can you imagine the value of MCC? .......Sad to see this coming down the pike but all i can do is try to prepare.......Did anyone see the price of gold in USD in India?.......

Offline canadian

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #221 on: December 21, 2016, 11:11:53 AM »
This appeared in our local paper today
Gold-backed digital payment platform to store physical gold at Mint

http://www.calgaryherald.com/gold+backed+digital+payment+platform+store+physical+gold+mint/12564090/story.html

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #222 on: September 15, 2017, 03:02:11 AM »
Quote
We obviously will not see a straight line move as there will be temporary stops on the way.

https://goldswitzerland.com/gold-has-broken-out-dont-be-left-behind/

Offline Womanofvalor

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #223 on: February 22, 2018, 08:18:46 PM »
Not so. Intrinsic value and will hold its value over the years

Offline PandaCollector

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #224 on: March 23, 2018, 04:59:38 PM »
Does anyone still think that gold is going down to $1,000 an oz.?

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Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #225 on: March 23, 2018, 06:37:58 PM »
Hope not. But $1500 before $1200? That's also an interesting question . . .

Offline r3globe

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #226 on: March 23, 2018, 06:55:42 PM »
Does anyone still think that gold is going down to $1,000 an oz.?

Best wishes,
Peter Anthony
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

I do. We are not ready for prime time yet.

Online KeepOnTrying!

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #227 on: March 23, 2018, 10:23:22 PM »
My question is how did gold go from $300 to the $1800s before falling back? How many thought this would ever happen? What are the chances that this will happen again in the next 50-100 years? Because if this could happen again we better be loading up for our inheritors. Nothing wrong about being born into a well heeled family!

PS: Gold can also fall below $1000!!!!
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Offline PandaCollector

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #228 on: March 23, 2018, 11:59:50 PM »
My question is how did gold go from $300 to the $1800s before falling back? How many thought this would ever happen? What are the chances that this will happen again in the next 50-100 years? Because if this could happen again we better be loading up for our inheritors. Nothing wrong about being born into a well heeled family!

PS: Gold can also fall below $1000!!!!

For example, a house that cost $50,000 50 years ago in Los Angeles now sells for $2-3 million. Remember that gold was $35/oz 50 years, ago, too. I don't think that house is going back to $50,000, either, unless it's underwater after the big earthquake. Around here somebody would then call it "beachfront property" and ask a fortune, anyway.

Best wishes,
Peter Anthony
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Online KeepOnTrying!

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #229 on: March 24, 2018, 10:17:58 AM »
Divining the future of gold holdings requires an understanding of it’s relationship with inflation; it has been successfully used as a hedge against inflation (so far). At the minimum it can protect the value of a current “investment” of cash for the future. But other factors may place additional upward pressure on the trajectory of spot.

Gold is also like the chips you buy at the casino; you can use those original chips to acquire more chips thereby increasing the total number of chips in your possession when you cash out at the end of the day. But remember you are at the Casino!
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #230 on: March 24, 2018, 02:29:27 PM »
DOW went down 700 then 400 pts.     Gold went up a bit.     US passed a $trillion plus budget that was not read but signed.

Steve Quayle    Casey Research    International Man   "China is days away from killing the Petro dollar".      Casey research is respected in the online community.      I doubt the USD will collapse on this Monday the 26th or in 2 days.      Again, this will bring world attention to gold/silver and Chinese money.     Both will climb but who knows the time frame.     At some point the world will discover rare Chinese coins/medals.....

I agree w/ you KOT.   The more gold/silver chips you have the better off you are....

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #231 on: March 25, 2018, 10:03:43 AM »
Goldseek   Jim Willie    "Chinese invade oil realm;   Petro dollar kill"...

Silver Doctors    " Something big going on in Russia right now;  imminent launch of the Russian silver ruble".        Mexico is going to do the same as they have huge silver/gold deposits.....

Expect more articles to be posted about the impact of a gold backed Petro Yuan.     In time the main stream news will admit to it for the sheeple herd to grab a clue.      CNBC mentions on occasion how China has overtaken the US economy.       As most other situations like this it will start slow then gain momentum.     In the past the US military would not allow any country to challenged our USD.     The hyper sonic nukes that China/Russia have are more powerful then anything the US military has today.     So how can the US protect our USD now?    Past articles say the hyper sonic nukes were US technology sold to our enemies by Clintons/Obama.    Obama shut down the US military so we did not develop these weapons.....

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #232 on: March 26, 2018, 08:04:37 AM »
Zero Hedge   "PetroYuan futures open - over $10 billion trades in first hour"...........

First time in our lifetimes that we have seen a challenge to King Dollar.....    May we live in interesting times..

Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #233 on: March 26, 2018, 09:11:56 AM »
I am amassing all the tulip bulbs I can find. ;)

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #234 on: March 27, 2018, 06:48:40 AM »
Make it Chinese tulip bulbs.      Pro and Con articles about it, lets see what happens.....

Offline canadian

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #235 on: March 27, 2018, 12:23:56 PM »
Here is an interesting story about how a local guy sold some gold collectibles.

http://calgaryherald.com/news/local-news/solid-gold-casts-of-nelson-mandelas-hands-sell-for-10-million-in-bitcoin

Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #236 on: March 27, 2018, 11:37:59 PM »
Make it Chinese tulip bulbs.      Pro and Con articles about it, lets see what happens.....

Golden and Crypto Bulbs anyway. :))))

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #237 on: March 28, 2018, 08:04:05 AM »
Goldseek    USA Gold   "This is the single biggest change in capitol markets, maybe of all time  -  Union Bank of Switzerland"...

Rueters  " China's oil futures launch may threaten primacy of USD,  UBS"....

Even pro stock or paper instruments, CNBC has articles about the gold backed petro yuan.    Most on line authors/world banks are on board now but what do they know?     All the world's intelligence is on this forum!      More experts' articles keep coming out and it will go on, and on, and on until the break of dawn....


Gold replica of Mandela?    In the Pacific NW there are thousands of bigfoot sightings and many legends such as the Ape Caves by Mt St Helens.     Can we cast a gold bigfoot impression?    Now, i would bid on that....


Online KeepOnTrying!

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #238 on: April 01, 2018, 12:35:41 AM »
Spot gold has a relationship with some major market indices. It is not linear and consistent but over long periods has correlated with the positive growth of such indices. It is not clear to me if the relationship is direct or that the so mentioned indices act as a surrogate of something else. Therefore, it appears that if there is longterm positive growth of economies the price of gold is most likely to continue trending upwards.

*Disclaimer: This is based on insight from observations. I have no training or qualifications in this area.
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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #239 on: April 30, 2018, 07:18:09 AM »
Steve Quayle     Hal Turner Radio Show    "Breaking new;   Russia confirms it will retaliate by force......"        Not good, IF anything will jack up gold it should be conflict...

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #240 on: April 30, 2018, 11:25:56 AM »
When pandamonium finally gives up on the gold price, it will be time for gold's meteoric rise :)

Offline PandaCollector

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #241 on: May 01, 2018, 02:50:30 AM »
When pandamonium finally gives up on the gold price, it will be time for gold's meteoric rise :)

I'm not sure I have enough years left for that LOL.

Best wishes,
Peter Anthony
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #242 on: May 01, 2018, 07:09:23 AM »
I disagree.    In our crazy world today the catalysts to propel gold up is possible.      When Russia says they will attack the West and shuts off all communication, this is not good as Russia has superior weapons now.     I hope everyone in Syria will back off.   Debt, derivatives, etc.. and many other issues can also propel gold up.      To ignore these serious issues is silly......

Offline bonke

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #243 on: May 01, 2018, 08:29:44 AM »
Assuming "bad times" are coming in the near future, do whatever it is you want to do.  Complete important projects.  Take time with your family.  Travel.  Laugh.  Smile at strangers.  Whatever is important to you.  If you are wrong and "bad times" are not coming, you will have accomplished much of what you should have been doing anyway.  If the worst does occur, you may not survive it long enough to really worry about paying for the necessities of life.

Words from a person of advanced age (who thinks of Peter Anthony as a nice younger person).

Mark Bonke

Offline r3globe

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #244 on: May 01, 2018, 01:45:03 PM »
When pandamonium finally gives up on the gold price, it will be time for gold's meteoric rise :)

lol lol lol lol ...i have been wanting to say that but i restrained. i love Pandamonium being part of this forum though. We need ying and yang for balance.

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #245 on: May 01, 2018, 06:27:27 PM »
True, true. Glad my words did not seriously offend.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #246 on: May 02, 2018, 08:17:15 AM »
I read a lot due to our screwed up world today.    Another good source of information is our military.    Not all military understand but there are those that do and some will give out information.     Again, i grew up a military brat so i pay attention to how they see our world.    I am a product of the Korean war and have many sad memories of collateral damage that happens during war.      Basically the message is peace times are coming to a end.      Also, military for the most part, do not like civilians.     Civilians are considered squid.    No backbone, they do not defend themselves or fight for what is right.    I fight.... 
Due to stupid comments on this forum many do not post.     Top collectors here, that are members, do not post due to stupid comments.    They know the market, why should they argue on line?      For me, i need to prepare for a unbalanced world, do what you think is right......

Offline bonke

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #247 on: May 02, 2018, 10:28:24 AM »
Ouch!  An arrow through my heart!   

Mark Bonke

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #248 on: May 02, 2018, 11:52:07 AM »
Pandamonium is correct, if you believe we are headed for war, gold will spike.  People in worn torn areas need gold as a hedge as all other assets are at risk of devaluation or seizure.  The military trains hard each day and they are itching to use their skills and equipment on the battlefield. 

I am looking forward to changing my ebay name to au5000, despite having a zero bullion position today, but you can bet when gold starts climbing out of its current trading range above $1550 and $2000, I will be in there buying aggressively. I don't mind missing the first $250 or $700, because I know if it breaks $2000 there is $2000-$3000 in easy money to capture.  I will let others do the heavy lifting to get us to $1550.

Offline r3globe

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #249 on: May 02, 2018, 12:25:09 PM »
Pandamonium is correct, if you believe we are headed for war, gold will spike.  People in worn torn areas need gold as a hedge as all other assets are at risk of devaluation or seizure.  The military trains hard each day and they are itching to use their skills and equipment on the battlefield. 

I am looking forward to changing my ebay name to au5000, despite having a zero bullion position today, but you can bet when gold starts climbing out of its current trading range above $1550 and $2000, I will be in there buying aggressively. I don't mind missing the first $250 or $700, because I know if it breaks $2000 there is $2000-$3000 in easy money to capture.  I will let others do the heavy lifting to get us to $1550.
It is all about timing. I do not think anybody here does not believe in gold going to $5000+. A couple of years ago you hyped 1/2 oz gold pandas and you made it sound like they will never come down. I see you today selling them. Nobody seems to want the rare stuff even at a huge discount. It is all about timing.

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #250 on: May 02, 2018, 10:58:16 PM »
The only reason I am selling 1/2 is that is all I own now and that is all I buy these days, everything else is a quick flip.  I sold all my 1/20, 1/10, 1/4, 1 over the last few years as they are too common to own if master sets are the primary demand driver for price appreciation.  Lower prices are welcomed as it allows me to cost average down and balance out inventory for years that I am short on.  If master set demand never comes back, I will take a hit 10-30%, if it comes back expect to make 20-100%, I like those risk/reward odds. 

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #251 on: May 03, 2018, 01:25:57 AM »
Basically the message is peace times are coming to a end.   

Not according to Charles Nenner. I'm sure you've heard of him. He says that the war super cycle is coming to a close. See his recent USA Watchdog interview with Greg Hunter (who I cannot stand).

Offline bonke

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #252 on: May 03, 2018, 08:31:42 AM »
Arif

Will a retail demand develop in China? 

Collectors and investors are able to buy gold pandas from the Bank of China, coin dealers in well-established coin markets, internet dealers, auction houses, etc.  Still, with all of these opportunities to buy, the market remains weak and prices remain lower than one would imagine.

What is your long-term view of the market for gold pandas in the PRC?  Is there really only an opportunity to make money with a few key date half ounce gold pandas or will there be other opportunities?

Mark Bonke 

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #253 on: May 03, 2018, 10:13:13 AM »
I see several headwinds for modern coins, but I also believe momentum can shift at a moments notice and when that happens there will be no coins to buy, because they are already in China or held by very strong hands, which will cause a spike in prices. 

1) Tarif discussions, most businesses still are unclear when and what will be tarif be once implemented.  This has caused a lot of uncertainty for many industries, the first wave of protectionism is just that, the 1st inning, what will come next. 

2) Healthy stock and real estate markets.  If all your friends are making money in these sectors you are missing out by being in coins.  If these market corrects, coin market should do well, similar to 1987 when all collectibles spiked, it was that spike that is responsible for me being here today. 

3) Internet 3.0, decentralized computing and data being monetized by the user.  This is very exciting and money is flowing into this sector like it is 1996, which is hurting bullion and even jewelry sales.  The banks are mainly selling bullion and mintage numbers are so high that if you get everyone stuck with bullion they have no money left to buy rare stuff.  But eventually, those bullion owners will see the opportunity to own rarer coins and that is when key dates will spike. 

4) Master set orders are down to nonexistent, this has hurt the market the most, when set orders return, prices will spike. 

5) Technical analysis, Chinese buyers tend to be either long term holders forever or traders, with prices flat to down, the trader group has moved on, this happened in 2012-2013 and prices slowly declined, then master set demand came and these traders came back.  Same thing will happen again and again, once demand and price momentum comes back these technical traders come back.

6) Dealers are stuck in inventory at levels that make it unprofitable to sell at current levels, this means they price coins higher than current market and buyers lose interest and invest elsewhere. 

7) Gold is in sideways trading range for many years now, it is like watching grass grow and then being cut by the mower, grow again, cut again...  Many are bored and have moved on.   

8) The greatest gift or curse to modern chinese coin market was goldsheets that came out last April.  This publication was given to all the US dealers that subscribed to greysheets (which is like everyone that owns a store in the US or sets up at major shows, plus many collectors masquerading as dealers/investors).  What this did was bring a lot of supply onto the market in April-May, I bought more coins during those months than prior year combined.  Several other dealers that typically don't buy modern chinese also started buying with visions of setting up in Hong Kong and becoming a world dealer.  To help offset my purchase I sold every non 1/2oz I could muster into the strength of these new buyers that were willing to pay a nice premium to wholesale market and do large transactions.  I ended up selling not only to offset new purchases, but an additional 50% of my inventory in May-June because market wanted coins and I didn't mind selling coins that are replaceable, like 1oz, 1/4, 1/10, 1/20 and bullion sets.  Months later after August HK show all these new buyers realized the market wasn't as great as they thought it could be and many find themselves in position 6) now.  Today many of those new buyers are in hiding, not a single one of them was buying at the central states show last week, but many of the old time buyers were buying, which is great to see that there still is enthusiasm for coins if priced near market level. 

9) The curse of goldsheet is many dealers are now choosing to sell directly to the public via ebay or other sites rather than selling in the wholesale market, because the spread between omp and MS69 in goldsheet is very large, which leads non-specialize dealers to blindly grade and sell on their own.  The problem with this is they sell via auctions during a time when prices are weak, which posts weaker prices and causes a downward spiral for some coins.  This great for retail buyers, but bad for the market, because 1-2 transactions can give the perception the market is very weak.  Many years ago I would actually buy on ebay to protect the market, but now I actually prefer not to buy and let a low auction price occur, because I can use it to buy at the wholesale level to average down. 

I am long term bullish on the market and short term bearish until master set demand or gold bullion takes off.  The key is own what you like and get rid of everything else, that way you don't worry about these blimps on the road.  China is 1.4 billion people and counting, I don't lose any sleep worrying about who will own my coins next. 

Offline collectingcoins

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #254 on: May 03, 2018, 10:48:13 AM »
Although I've been busy tending family, I have been buying gold. Based on what I'm reading here, it looks like these will be a long-term hold, since the price will be based on the spot price. I'm in no rush. I have about 30 or so years before I sell. Unfortunately some have red spots. Will these come off with NCS conservation? 

Offline bonke

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #255 on: May 03, 2018, 10:53:06 AM »
Arif

Thank you for your detailed analysis of the market.  Most informative

I do not know what "Internet 3.0, decentralized computing and data being monetized by the user." means.  Any additional information will be interesting to me.

Wealth has grown in China quickly.  Is this wealth held by a few people?  If so, is this the reason there is little or no demand for master sets?  Do all of the extremely wealthy individuals in China already own one or more master sets?  If the new found wealth was decentralized, it seems as though there would never be a lack of demand for master sets.  Wealthy people are not required to choose between real estate, stock or gold panda coins.  They can easily own some of each, using some plan of diversification.

A few friends in China have become wealthy by being the "Chinese partner" in enterprises financed by foreign companies.  They have invested little or nothing and own 1/2 of the new Chinese factory.  People in this position have obtained wealth without capital investment or risk.  Party membership has provided enormous financial gains.  Why aren't these people buying gold coins?

Rumors suggest government officials have received master sets as presents for favorable actions benefiting private enterprises.  Why do we not see these sets being resold in the marketplace?

As you may see, I am still quite confused about the state of the market for Chinese coins.

Mark Bonke


Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #256 on: May 03, 2018, 11:15:48 AM »
If you have HBO watch show Silicon Valley.  The current model is facebook and google collect data on us and make money off it, the future is our data will belong to us and we will sell it to advertisers via decentralized computing network, similar to blockchain model. 

There are a lot of wealthy people in the US, but only a handful want to own a mickey mantle rookie card in PSA 9, it is same way with panda coins, you have to want to own them and then you will buy them.  I can go out and buy a master set, but I don't want it, because most of the coins in the set are common and should be treated as bullion, I only want coins that have numismatic premiums above 30% and are priced above $1000.  What trigger will want them to buy it, that is up Shanghai and Beijing market to work out, I am just a front runner to the future demand from those buyers.

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #257 on: May 03, 2018, 11:19:35 AM »
Yes, they will. But no reason to submit. They are bullion, likely always will be.

Offline collectingcoins

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #258 on: May 03, 2018, 11:46:49 AM »
Thanks Mirkkanen.  Sounds like a waste of money to send for grading/NCS.  I'll keep as is. 

Offline PandaCollector

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #259 on: May 03, 2018, 12:19:10 PM »

...Rumors suggest government officials have received master sets as presents for favorable actions benefiting private enterprises.  Why do we not see these sets being resold in the marketplace?

Mark Bonke

To the extent it was ever true (the master set phenomenon is only a few years old) I am confident that this ended with the arrival of Xi Jinping as President and Party Secretary. Rumors to the contrary, to the very best of my knowledge that is not how things are done today in China.

Best wishes,
Peter Anthony
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Online KeepOnTrying!

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #260 on: May 03, 2018, 12:37:06 PM »
The 1990’s 1/2oz gold panda coins are priced beyond the reach of average serial collectors. This may impact on people’s willingness to collect the whole series.
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Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #261 on: May 03, 2018, 01:12:17 PM »
1/2 look cheap when compared to what people spend for vintage coins of higher survivals.  Take look at some record prices paid a few weeks ago in HK for silver coins with about $15 of melt value.

With China entrepreneurs copying and improving our technology IP, you will see crazy amount of wealth creation in the next decade.  Look at what facebook employees make, China programmers will make even more 10 years from now relative to their american counterparts.
https://www.sfchronicle.com/business/networth/article/Yes-median-pay-at-Facebook-really-is-about-12870786.php

Offline bonke

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #262 on: May 03, 2018, 07:03:30 PM »
Arif

Do you even care if a particular coin is Large Date or Small Date variety?  The creators of the Master Sets do not care.  Also, do you care if the particular coin is MS67, MS68 or MS69?  I do not think the creators of the Master Sets care (so long as the 67 is not unsightly).  If LD, SD and MS67-69 specifics are unimportant, then, investors should look for a particular denomination of coin in an attractive 67 slab for the lowest price.  Hmmmm. 

Mark Bonke

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #263 on: May 04, 2018, 01:47:13 AM »
MS67 with nice eye appeal or MS68 are ideal for master set builders.  But if you want to expand your pool of buyers to include retail, MS69 is the way to go.  I own only MS69 coins, all others I sell off quickly to keep cash flow strong.

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #264 on: May 04, 2018, 07:06:48 AM »
Interesting.    Even Pricepedia mentions the low demand for bullion but high demand for some Chinese like Vintage.      I think Chinese coins/medals could boom quickly too.      My guesstimate is that Chinese coin/medal demand may take off before bullion gallops into the sunset.....

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #265 on: May 04, 2018, 09:41:37 AM »
The bigger issue is there are many more sellers than buyers for physical bullion.  A lot of the bullion that was in IRAs started being dumped into the market after Trumps win, with proceeds going to stocks and real estate.  Then you had mainstream interest in bitcoins. I decided in Feb 2017 to reduce my bullion exposure to zero by year end, three months later by April central states I was completely out of a position that took 15 years to build, which started shortly after 9/11 (during war buy gold thesis, too bad I didn’t know about MCC at the start). 

I don’t plan to be in bullion again unless US is part of a war effort, devaluation of US dollar (not going to happen as long as RMB is under capital controls) or technical breakout about $1550.  I would also never short bullion, because at moment notice it can spike due to white swan event.  Best strategy is watch from the sidelines and instead own numismatic coins that bet on prosperity of upper middle class and elites. 

Offline GDG's

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #266 on: May 15, 2018, 08:11:31 PM »
Interesting.    Even Pricepedia mentions the low demand for bullion but high demand for some Chinese like Vintage.      I think Chinese coins/medals could boom quickly too.      My guesstimate is that Chinese coin/medal demand may take off before bullion gallops into the sunset.....

My guess. Money going into crypto in lieu of gold.

Offline mook

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #267 on: June 10, 2018, 12:52:24 PM »
it should move strongly in the coming weeks

Offline Mirkkanen

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #268 on: June 11, 2018, 10:10:33 PM »
Why?