Author Topic: Why Gold will be flat or GO DOWN!!!!!  (Read 74864 times)

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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.

Online 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........

Offline MrOrganic

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Offline MrOrganic

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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/
EMERGING MARKET GROUP  
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Offline MrOrganic

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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!
EMERGING MARKET GROUP  
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Offline MrOrganic

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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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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.

Online 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?

Online 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........