Topic: Why Gold will be flat or GO DOWN!!!!!

[wg]

http://koosjansen.blogspot.de/2013/11/west-to-east-gold-distribution-update.html

[pandamonium]

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

[davidt3251]

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/

[pandamonium]

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/

[davidt3251]

Its all temporary...until you become insolvent. $200m of gold sales at Comex today.

[pandamonium]

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........

[pandamonium]

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/

[ghostrider80811]

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?  =) 

[MrOrganic]

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!!!!

[MrOrganic]

   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

[ghostrider80811]

   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  BATMAN!  

[pandamonium]

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

[BChung]

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.

[MrOrganic]

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

[MrOrganic]

THIS SPEAKS VOLUMES!!!!!!!!!!

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