Author Topic: Why Gold will be flat or GO DOWN!!!!!  (Read 86458 times)

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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. 

Offline pandamonium

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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 »

Offline pandamonium

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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


Offline pandamonium

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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

Offline poconopenn

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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/