Precious metals
5 posters
Page 2 of 3
Page 2 of 3 • 1, 2, 3
Re: Precious metals
I agree, and just wanted to say thanks Kapis for the Ormus videos. Things always happen for a reason. It reminded to never forget where God lives and sometimes I do and when that happens it's hard to do anything. Just by reminding myself from a video it boosted my energy a thousand times. Is that funny......
And there was a great quote in one of the side videos, about how our (not really ours anymore it seems )thoughts create our reality. Can't find it anywhere, but it's quite the truth!
And there was a great quote in one of the side videos, about how our (not really ours anymore it seems )thoughts create our reality. Can't find it anywhere, but it's quite the truth!
seraphim- Posts : 1180
Join date : 2009-11-18
Re: Precious metals
THE GREAT SILVER HEIST
I founded the Silver Bear Cafe in the spring of 2002 for the purpose of raising the awareness of everyone I could, concerning the importance and value of precious metals to our liberties, our freedoms and our American way of life. As the editor of the Silver Bear Cafe, I find myself continually "telling Noah about the flood", as our readership is made up, generally, of "community members." By community, I mean the relatively small group of contrarians that frequents web sites such as "the Bear" and sites of a like nature such as Silver Investor, Financial Sense Online, Daily Reckoning, and many others of the same ilk. These "community members" are generally already in tune with the causes and effects of the downward economic spiral we find ourselves in. Still, I find myself driven to "spread the word" and extend my reach to include "Joe Six Pack" on Main Street, USA.
The subjects I personally editorialize are concerned with the wholesale attack on our freedom and liberty, the theft of our assets through inflation, and the socialistic mind set of the puppet masters, who are bound and determined to destroy the Republic. Unfortunately, "Joe Six Pack" hasn't got a clue.
I constantly attempt to refrain from the discussion of politics in my examinations, as I view the left-right debate as a contrived distraction. The more important issue is the battle being waged by collectivists against individualists, which can be more easily understood by grasping the "Y axis" rather than the "X axis". On the "Y axis", totalitarianism occupies the top extreme and libertarianism occupies the bottom. For a graphic explanation of this concept, please follow this link and take the test.
If you have been paying the least bit of attention to the underlying theme of my rants you would also realize that I consider the "Dark Side" to be made up of institutional wealth in the hands of multinational corporations, the various banking cartels, and "Old Money" elitists that were not responsible for creating the wealth but rather are simply endowed with the ability to wield the power that comes with such wealth. These factions are, IMO, grossly abusing their powers and, as a result, selling out America. They are disrupting the course of natural evolution.
For instance, the natural process of food production has been altered through the genetic manipulation of seeds. This process renders the seeds with unnatural characteristics. This is primarily done, not to improve the various strains, but rather to enable the manipulators to patent the strains and control them in the market place for profit. The same thing is occurring in the pharmaceutical industries where known herbal remedies, which are free to all, are genetically altered, in order to sell them. The consequences of these alterations on the human body are dismissed as superfluous and unimportant.
The profit motive pervades every action of the "Dark Side." Don't get me wrong. I am as much of a capitalist as any good, patriotic American should be. I do not believe, however, that my profit should come from the detriment and suffering of others. Altruism plays no part in the "Dark Side's" agenda. World domination through economic control is their goal.
The technology of the "Dark Side" owned media has reached the point where it has achieved the power of creating realities for the people that are distorted and unnatural. As corporations merge, so that they control more and more of the technology and want to use more advertising to create false needs, the costs of basic human survival will continue to escalate.
Most imperative is the "Dark Side's" obsession with increasing government power and surveillance. Citing a need to combat drug dealers and terrorists, the government has infringed more and more on the liberties of the citizen. Through Patriot Acts I & II, the Bill of Rights has been effectively dismantled. Get ready for Patriot Act III. Cash transactions are being restricted and the Internet fully monitored. The next step will be forcing the move to a cashless society, controlled by a central authority. All we need is electronic credit money, devoid of all checks and balances, and a system by which we can all be tracked on a 24/7 basis, cradle to grave, and the central banker conspiracy will be complete. This growth toward a central, spiritless governmental authority in a high tech, virtual world, divorced from natural processes, where food, water, and the routines of living have been commoditized and distorted, marks the beginning of the end, of the world as we know it, for everyone.
Which brings me to the topic of precious metals. Who among us believes that, along with all the other economic malfeasance, the price of precious metals has not been manipulated? The evidence is staggering, but the motives of the manipulators have not been exposed cohesively enough for "Joe Six Pack" to understand. "Joe" still rolls his eyes back and wonders why anyone would consider the possibility that there are forces, behind the scenes, controlling high levels of government in our country that are not working in "We the People's" best interest. Drawing on some of the research of Charles Savoie (Editor's note: Mr. Savoie's archives are housed on David Morgan's Silver-Investor site. Click on the link and scroll down to Mr. Savoie's archive) I would like to attempt to bring these motives into the light of day. I want to concentrate on silver.
In an attempt to continue to purvey the "big picture" in the silver market, here are some interesting facts for your consideration.
Silver is as important a strategic commodity as oil. The need for a supply of silver in times of war is so essential, that a shortage of the metal could pose dire and direct consequences to the continued well being of our country. With the evolution of technology, silver has become so intrinsically important, that a lack of it will adversely affect America's national security. Meanwhile, as a result of the collusion between industrial users, central bankers, the Commodity Futures Trade Commission, (CFTC), the Chicago Board of Trade, (CBOT), and government regulators, spanning the past fifty years, inventories have all but disappeared.
How and why have our silver reserves been so radically depleted? The major causal factor for the growing scarcity of silver in the United States is an organization called the Silver Users Association, (SUA). This group was founded in 1947 for the sole purpose of controlling the price of silver, and has since manned a small army of lobbyists. These lobbyists represent some of the biggest corporations in the country. As the industrial uses for silver are quite diverse, so are the types of companies that engage the services of the SUA. It is their job to lobby politicians and persuade them to suppress, depress, repress, oppress, or do what ever it takes to maintain a grip on the price of silver. The SUA co-ordinates campaign contributions between association members and complicit politicians in return for quasi-legal legislation designed to keep the price down. It does not matter to them whether the means of suppression are legal or illegal, so long as the price does not rise.
The chief purpose of the Silver Users Association, when it was formed 54 years ago, was to lobby and convince the US Government to dispose of its immense stockpile of silver, as much as 4 billion ounces of silver, at as favorable a price as possible. Of course, when I say "favorable", I'm talking about as low a price as possible to the members of the SUA. The prices were decidedly "unfavorable" to the owners of that silver, the citizens of the United States. But, in any event, the SUA was successful beyond imagination. In my opinion they conspired to hold down prices and that's an anti-trust violation. The SUA achieved an almost impossible feat. They made off with the world's largest known stockpile of silver. Let's see - the US Government had billions of ounces of silver the year the SUA was formed, and 54 years later, the US announced it would have no silver left this year. That is truly remarkable. And the best part (or worst part, if you are a regular citizen) is that the SUA got a real "steal" of a price on that silver, roughly one dollar an ounce. Slick and successful would be mild words when judging the accomplishments of the Silver Users Association. So would price fixing. - Taken from Ted Butler's 2001 essay entitled"Silver Users, Silver Abusers"
SUA members include corporations like Eastman Kodak and Polaroid who use great quantities of silver for the production of film. Obviously, the price of silver plays an important role in their bottom lines and it is of great advantage to keep the price of silver as low as possible. Other clients include Lockheed Martin, Raytheon, General Dynamics, American Superconductor, and Intermagnetics General who use even greater quantities of silver for the production of super conducting cables, missiles and torpedoes. All companies that produce electrical components for use in weapons, high tech aircraft, fighting vehicles, ships, communication devices, almost everything that has to do with the war machine, depend heavily on silver.
An interesting thing to point out is that when a missile or torpedo explodes, as much as 1400 ounces of silver is vaporized. This is one of the industrial reasons why the above ground stockpiles of silver have already been depleted to the point of scarcity. The artificial capping of the price of any commodity is not unlike the insertion of a huge cork in a volcano. This can result in nothing less than the massive explosion of its price in the immediate future.
Members of the SUA also include Union Carbide, Dow Chemical, Du Pont, Goldman Sachs, and JP Morgan Chase. Why would Goldman Sachs and J.P. Morgan Chase be members of an organization whose sole purpose is to suppress the price of silver? Well, from a central banker's standpoint, a worldwide recognition of the superiority of silver, as money, over their "funny money" would be a disastrous occurrence. Am I singing to the choir here?
The Federal government, apparently to make the paper dollar appear worth more than it is, allows artificial price depressive tactics aimed at silver and gold---Constitutional money. When Federal regulators default on their duties, it is up to state officials including you to take action. If anyone attempted to sell short 22 times the number of Ford Motor shares in existence, the SEC would lock that person up for 200 years. Yet, in silver, the CFTC allows such insanity. Such insanely huge and totally un backed short positions cannot help but have the effect of smashing the price to the ground, a situation on the COMEX complained about by high-ranking Mexican and Peruvian government officials as far back as 1971 (see New York Times, June 10, 1971, page 67, and June 21, 1971, page 42). Producers are cheated of fair prices for this commodity, and thousands are out of work because of this and central bank silver "leasing." Taken from a letter written by Charles Savoie to Drew Edmondson, the Oklahoma State Attorney General, on September 29th, 2003.
Again let me state, the radical depletion of our country's strategic silver reserve and the incessant, illegal action of the naked COMEX shorts who routinely sell 22 times more silver than is available for delivery is illegal, abhorrent, and reprehensible.
Common gambling, so-called, was a crime. The gambling of the exchanges was legitimate and legalized, and the men who thus gambled with the resources of the nation were esteemed as highly respectable and responsible leaders of the community. For a penniless man to sell anything he did not own, or which was not in existence, was held as a heinous crime and was severely punished by a long prison term. Gustavus Myers in History of the Great American Fortunes (1907) page 303
This demented and evil activity has served two purposes:
First, it has unjustly enriched large, soulless corporations, renegade COMEX traders, and central bankers. This unjust enrichment has contributed greatly to their wealth and power.
Second, to greatly diminish America's ability to continue to defend itself because of its growing reliance on imported silver.
The regulators, politicians, corporations, traders, administrators, bankers, financiers, soleless opportunists and scallywags that have been complicit in the activities of the SUA are guilty of no less than treason, and should be dealt with accordingly.
Borrowing again from the research of Charles Savoie the following excerpt was taken from his recent essay, War and Silver
"Today not a missile goes aloft from Cape Canaveral, not a jet plane from Idlewild that does not contain some silver. A good 25,000,000 or more ounces of silver are used each year in the U.S. in the form of solders and brazing alloys in refrigerators and air conditioners, electric appliances, aircraft and rockets. About 19,000,000 ounces are estimated to go into electric contacts in appliances and electronic equipment. More than 1,000,000 ounces are consumed in ceramic colors and pigments. About 1,500,000 ounces are used in making silver-zinc batteries for jet aircraft, missiles and portable TVs and silver-cadmium batteries for portable equipment. Silver goes into such miscellaneous products as mirrors, pharmaceuticals, dental alloys, plating of fine copper wires, medical and scientific instruments. In certain high temperature applications, as in space vehicles, silver is ideal. Research is finding new uses every year. During World War II new brazing alloys of silver were developed by Handy & Harman. The automobile, the airplane and the telephone all call for the use of silver in their structure. The demand for silver in high temperature applications in guided missiles, jet and rocket aircraft has soared."
"Silver is a noble and versatile metal. It resists corrosion and so is ideal for chemical vessels and the lining of metal cans. Silver nitrate is used in hair dyeing and making indelible inks. Extremely ductile, a gram of silver may be drawn out into a wire 180 meters long. Malleable, silver may be beaten into a leaf 0.00025 millimeters thin. In making phonograph records, a thin deposit of silver is employed in making the matrix." - Economist Herbert Bratter, writing in The Commercial & Financial Chronicle, December 10, 1959, page 2422.
Remember, it's not just the U.S. that needs silver, it's also everyone that we are fighting, or will be fighting soon, that needs it just as badly as we do. The collusion, between the bankers, industrial users represented by the SUA, and the government, has left us in an extremely uncomfortable situation. This collusion was motivated solely for the profit of everyone involved, politicians included, much to the detriment of every other American citizen. There are, and have been anti-trust laws in place that should have precluded this collusion, but the laws were systematically ignored. Placing themselves above the law, in this manner, goes against every tenet of justice and fair play in the book. When the stinky stuff finally hits the mix master, it's not going to be pretty.
There were some folks who realized the nature of the SUA conspiracy as long ago as the early 1950s, but it wasn't until the 1970s that anyone stepped up to the plate and tried to do anything about it.
In 1970 the price of silver was at $1.50/oz. The Hunt brothers, Bunker and Herbert, of Texas oil fame, were both acutely aware of the wholesale theft of the Nation's silver stockpile that had been taking place through the actions of the SUA. (For an in-depth examination of the Hunt brother's attempt to corner the world silver market, see H.L. Hunt's Boys and the Circle K Cowboys by Larry LaBorde.) When Nixon removed the dollar from the last vestiges of the gold standard in 1971, the brothers also realized that the New York Eastern banking establishment, led by the Rockefellers, was now free to work its diabolical monetary magic. Through the insidious contrivance called inflation, they could effectively transfer a portion of the Hunt's oil fortune into their coffers. The brothers started buying silver.
Over the next nine years, as the Hunt's predicted inflation accelerated and racked the economy, Bunker and Herbert continued to use silver to hedge their assets with a vengeance. By the accumulation of more and more silver, they effectively protected their family's property and, single-handedly remonetized the white metal. Throughout the world people began to remember that real wealth consists of real assets, not paper money, and that real assets include gold and silver.
In the summer of 1979 the SUA and their cronies in the COMEX and the CBOT, along with their co-conspirators at the CFTC, (a governmental regulatory bureau), started to panic. Obviously, the world's recognition of the monetary realities of precious metals was an untenable threat to the central bankers, and their "funny money". The elevated price of silver would also seriously impair the ability of the SUA to continue to swindle "We the People" out of our Nation's strategic silver reserve. But the main reason for their panic was that many members of the COMEX and CBOT had illegal financial interests in the silver market through their substantial silver short positions and were facing financial ruin. It should be apparent to everyone that these financial interests would obviously constitute insider trading and should have brought on a slew of indictments from the Justice Department.
Rather than to allow the Hunts to legally wipe out their short positions, they illegally changed the rules. The CFTC promptly backed up the rule change. Even after illegally changing the margin requirements on futures contracts, the market, fueled by the Hunts momentum, continued to go against them so the COMEX illegally suspending trading in silver. They would only accept liquidation orders. Then, through their continued selling of massive quantities of silver that they did not have, (naked short selling), they finally managed to, once again, artificially bring the price under control.
The "Dark Side" owned media was quick to let "Joe Six Pack" know that the whole debacle was simply a one sided manipulation attempted by a couple of greedy Texas oilmen. In reality, the shorts and the Eastern establishment had just as much, if not more, at stake than the Hunts. The final result was that the Hunt's would be fleeced for about $3.5 billion, and the world would once again be safe for the SUA, the central bankers, and the corrupt politicians to ply their trade.
And ply their trade is just what they have done. The central bankers, through their control of the Fed, in collusion with the Treasury Department, have diluted the value of Federal Reserve notes, (FRNs), to the point that the Russians, Chinese, Japanese, and Indians have begun dumping U.S. dollars and U.S. Treasury paper with abandon.
These countries make up the single largest bloc of U.S. bond speculators in the world. As I have mentioned many times before, the FED may set short-term interest rates, but bond speculators set long-term rates.
The liquidation of the U.S. currency holdings could cause the collapse of our economy. Please do not take what I just stated lightly. The FED, in collusion with the U.S. Treasury Department, has inflated the worldwide credit bubble to such an obscene extent that they have left our economy defenseless against the forced repatriation of our own dollars. We can't possibly absorb that much liquidity without first suffering the throes of hyperinflation. As a result, all four countries have us over a barrel. They will demand some major concessions, in the near future, if they are to refrain from cashing in their chips too fast.
How did we get in this predicament? Where did our system of checks and balances break down? What constitutional subjugation's took place that could of allowed us to arrive at this juncture? When I began researching this essay my initial idea was to pose a solution. We have since gone through a national election, the results of which have come under extreme scrutiny. Discrepancies in electronic vote tabulation have surfaced, throwing the whole process in doubt. I am now convinced that, at most, a survival strategy, rather that a solution, may exist. I would implore you to consider how we got to where we are today.
Those of you that are familiar with my rants are already aware of my frustration with the present state of our democracy. In fact I have received numerous emails admonishing my depiction of a society that has been conditioned to vote for a free lunch.
So, in an attempt to clarify my feelings concerning our democratic system I will elucidate.
There are two fatal flaws in our current system. Curiously, they would seem to be offsetting on the surface, but upon closer examination they emanate from the same collective mind set. If these two flaws could be remedied, our Constitutional way of life could be preserved. Unfortunately, the underlying causes have been so ingrained in the system, that their effects are probably irreversible.
The first flaw was initiated by FDR, (see one of my previous essays, The Patriotic and Moral Imperative for Owning Gold and Silver), when he started handing out taxpayer money and thereby created "the dole". Since then politicians have refined their ability to use taxpayer money to buy votes until it has evolved into a catastrophically successful ploy to redistribute the wealth of, and as a result decimate, America's middle class. If "We the People" demanded that a law was enacted that would prohibit anyone from voting, in a national election, so long as they remained "on the dole", (OTD), half of the problems with our "bastardized democracy" would immediately go away. If the people couldn't vote for a hand out, politicians couldn't simply pander a handout in return for a vote, which is essentially all they do now.
I'm not simply talking about welfare recipients, although they make up a significant portion of those who should not be eligible. I'm talking anyone who is OTD. Any receiver of any Federal support should not be eligible to vote. The Constitution provided no Federal support for anyone, period. This would include grant recipients, those who receive Federal entitlements, farmers receiving subsidies, employees of any Federally subsidized business, even employees of companies benefiting from trade sanctions. Taken to the extreme, we should un-entitle Federal employees including members of the Armed Forces, Congress, Federal Law Enforcement, Treasury Department, Justice department, and the Judicial Branch. You see, each one of these persons harbors a personal agenda and is apt to vote for whoever promises him/her more. When you're OTD, staying OTD is job one. Have you noticed the most important thing for a politician to accomplish while in office these days, is to get re-elected. That's the problem with the "Free Lunch" mind set. There is no such thing.
The second flaw concerns the passing down of institutional wealth. The "Dark Side" is peopled with old money. The patriarchs that initially created the wealth were probably deserving of the power that came with it. Their wealth came as a result of their courage, intellect, creativity, ambition and perhaps even ruthlessness. Their progeny, on the other hand, are not deserving. In fact, it is the unentitled wielders of this "institutional wealth" that, to a large degree, make up the controllers of the Fabian Socialists. These are the people that pull the strings behind the scenes in Government, and whose main goals include world domination. It is vanity and narcissistic nepotism that can motivate an individual to suppose that his offspring are more capable of directing the course of humanity than anyone else. This is total hooey. Rather than maintaining some altruistic vision for the future, these, "I didn't do anything that would make me qualified to rule the world other than I was born into it" elitists are generally far less qualified, having never been confronted with the need for mustering of the courage required to create the wealth in the first place. The system, as it stands, provides for the perpetration of a monarchial power structure that should have been abandoned with our first revolution 228 years ago, but wasn't.
I do not suggest that the heirs of a fortune should not be able to reap the benefits of their parents successes, but rather that they be restricted from misusing the power that comes with the institutional wealth their parents amassed. How about a system where you could leave your children $50,000,000.00 each. That ought to be enough to get them started in this cold, hard world. If they can't get by on that much, they surely aren't qualified to handle any more. I suggest that if a person has more in his estate than enough to leave his spouse and each of his children $50,000,000 when he/she goes to the happy hunting grounds, (or where ever he/she goes), that it should be directed toward the renewal of our country's infrastructure, its roads and bridges. Its water purification and delivery systems. There is a myriad of directions that the wealth could be directed that would not constitute a socialistic trend, but rather a positive evolution to a better standard of life for all Americans.
With the elimination of people OTD affecting the outcome of an election, and the restriction of the passing of institutional wealth, which effectively provides for the support of a monarchial system, the American System of Democracy could be an efficient and just system. Until these changes are made it will not be.
The second solution has nothing to do with politics. It is basically a passive, covert action, relying on each of us as individuals, (magic word; individuals.) This is a solution that has the potential to change the world.
Start purchasing silver bullion. Then buy some more. Community members, increase your holdings. Rather than just two brothers from Texas doing all the work, and consequently being an easy target, let's all become involved. Besides enriching ourselves through the exercise of buying and owning silver, we can passively wrest the control of the silver market out of the hands of the "Dark Side" and back into the hands of the people. This can bring about some very important changes, in one way, that will really make a difference. As the price of bullion subsequently rises, more and more people will begin to see Federal Reserve Notes for what they really are; fake money, and recognize and appreciate precious metals for what the really are; real money. If nothing else, it might make wars more expensive to fight. The downside risk is minimal compared to the upside potential.
Oh, and by the way, for all you "Joe Six Packs" out there, a $10 bill you got in 2002 currently has the buying power of $5.50, (a loss of $4.50), while an ounce of silver you could have procured, at the same time, for $5.00, is currently worth $13.50, (a gain of $8.50). But the real deal is the two ounces of silver that you could have purchased for that 2002 $10 bill that would currently worth $27.00. That's a 270% increase on the original $10 but a whopping 490% profit when you compare holding the FRN to holding the silver. Hey, it's a no brainer, (and that's a good thing considering the level of brain power utilized by the average brain dead American.) Most importantly, the price of silver, IMO, is about to "go to the moon."
Its not what you don't know that will screw you up, it's what you know that is wrong. The spin you hear from the mainstream media is intended to mislead you. Open your eyes and face the future. If you leave your head in the sand and ignore it, you are only leaving your butt exposed for the world to kick. This all may sound like gloom and doom, but when you get a handle on what is going to happen, you will have a future filled with opportunity. Fortune favors the Informed.
Re: Precious metals
Does anyone believe they can actually manufacture GOLD
I dare you Quicksilver !
And another magi with the metals maybe
I dare you Quicksilver !
The formula to making GOLD
Wear rubber gloves and Gas Mask when working with this Formula to protect yourself from Mercury Poisoning.>
1/4 OZ Silver Shavings 99.9% pure.
3 OZ Sulfur Powder Pharmaceutical grade.
10 OZ Cinnabar (also known as a mineral, Mercuric Sulfide, Hgs) - powder it, or 1 OZ Mercury with no traces of Gold .
1 Quartz Geode.
4 12 Volt Car Batteries.
2 Lead Copper Electrodes.
Place all shavings and powder into Quartz Geode.
Connect Car Batteries to equal 48 Volts at 3 Amps per minute.
Place Leads into powder in Quartz Geode wait 25 minutes.
Produces 1.75 OZ of Gold.
Don't get greedy, do this exactly as stated above, larger amounts at one time will produce Radioactive Gold.
You can repeat the procedure to make more Gold.this is the 1944 oscar schneider letter that phil found in his fathers closet when his father passed. his father got the letter from army intelligence when he worked for the army with very high clearances to investigate claims like this. some nobody amateur scientist sent the government this letter and the scientist backed up his claims in the letter by showing the army wing of the government that it works. of course, he realized he discovered something he wasn't supposed to discover and he was told to never make it again and forget about telling others about it or bad things would happen to him. thats the end of that. lol.a smart person will be able to work through this incomplete stepped formula and get it to work with trial and error. oh what the hell, i'll give you some hints. the geode has to be whole and uncracked. if your working with a cathedral type geode, crack the very top off so you can perfectly fit it back on and off. if your working with a round type geode, drill a hole 1/2in. to 3/4in. in top. for both types, you drill two holes in the bottom for the electrodes, 2 in. apart. now here is the well guarded electrode secret to making the formula work. if you read the "2 lead copper electrodes", this can mean alot. here's where trial and error comes into play. some say all lead(pb) electrodes, some say all copper electrodes, and no one says the true answer. its a combo of both. but not a metal mixture. but a certain thickness of coating of one metal on top of the other. i'll give you a huge hint: you know the thickness of the coating put on welding rod metal? the white powder coating? thats how thick the coating has to be. here's another huge hint: use a welding contact tip. they are pure copper. then coat with lead(pb) to the above thickness example. well, the rest is pretty much easy. a little thinking and you can make it work. and one more thing, humidity may or may not have a factor in making the formula work. a small shed in the backyard and a humidifier? oh and if you use cheap geodes, THEY CAN AND WILL VIOLENTLY EXPLODE! crystals do have 'power'. its just the idiots going around wearing crystals and being wierdos don't have a clue how to use its power. oh and your probably wondering what the gold looks like when its done. it will look like a button shape. or a few button(like your clothes) shaped pieces. most is dross. and you can shake the crap out of it and repeat. that is until your geode blows up or cracks. then you got to get another one. lol
there, lol, now you know the biggest hebrew secret that the banking cartel jews know. they figured out how to make gold even before moses time in the bible. they don't historically call jews, the money lenders, goldsmiths, bankers, and alchemists for nothing. and all that sheep garbage symbology nonsense has nothing to do with the actual gold making process. a trained retard can make it work. the wierd language is there for the alchemist to decipher and learn slowly over a long period of time so they become 'responsibe' with this gold making knowledge. in other words, so they don't rock the boat so to speak and screw up the money game. so if you manage to get this to work, then don't tell a soul. keep it to yourself and make it once a month or maybe twice. lol. cash for gold places are bonkers for gold right now. just tell them you are a prospector or something. get your cash and don't be an idiot about buying flashy nigger bling. save it for necessities. so you can have a home, a warm bed, a girl,(never tell the girl!!!) and do nothing for the rest of your life. thats what i like to do. nothing. lol. eat. walk around. life is really good when money isn't a problem.
don't respond to this. just take the info and do what you will with it. oh yeah and make sure the electrodes are completely buried under the mixture. and use a fine file for the silver shavings. and don't kill yourself. one amp will do it.
MAPOh but one extra detail , forgot to tell you a very important part about gold formula. here is a map , look for where you live and make sure the area is blue and in the negative. otherwise, the formula will never work if you live and try it in a positive area. look at the colored bar to see what area you live in. i don't want you to think i made it all up if you try it in a positive area and it doesn't work.
And another magi with the metals maybe
Re: Precious metals
Anyone heard anything further in the process that china has started monetizing gold for general usage
With China Russia and India ejecting the petrodollar to now buy oil from iran with gold , India was apparently purchasing 12 billion petrodollars a year for the purpose of getting its oil, its a crucial time in the days of virtual money, libya wanted some of that gold oil action and look what happened to it
Ive also heard that in 2003 , sadam tried to destabilise the petrodollar with secret deals between france and germany using euros
Gold could still go crazyhorse price in the future
With China Russia and India ejecting the petrodollar to now buy oil from iran with gold , India was apparently purchasing 12 billion petrodollars a year for the purpose of getting its oil, its a crucial time in the days of virtual money, libya wanted some of that gold oil action and look what happened to it
Ive also heard that in 2003 , sadam tried to destabilise the petrodollar with secret deals between france and germany using euros
Gold could still go crazyhorse price in the future
Re: Precious metals
It will either skyrocket or one day fall like a stone.
Anything above the 2000 to 2500 is a ceiling in my opinion...as the Londoners will probably never let the price go beyond this.
But I will still stick with Nick Guarino that one day the rug for gold will be pulled out and the bubble will burst.
The gold market and price is inflated due to the use of derivatives in buying the gold.
The derivatives have yet to make their impact...it will be huge, much greater than the banking scandals of the past few years.
Anything above the 2000 to 2500 is a ceiling in my opinion...as the Londoners will probably never let the price go beyond this.
But I will still stick with Nick Guarino that one day the rug for gold will be pulled out and the bubble will burst.
The gold market and price is inflated due to the use of derivatives in buying the gold.
The derivatives have yet to make their impact...it will be huge, much greater than the banking scandals of the past few years.
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Re: Precious metals
All gold can be found at the leading edge of astroid strikes depending on the angle
the astroid collides with earth. Most of the debris is blown out in the direction the
astroid is traveling and forms rivers and streams which is where much of the gold can
be found as alluvial gold. The best example of this would be in California.
Some of the astroid strikes are millions of years old and using Australia as an
example, there are tones of gold still buried in the debris fields.
Here is an example from Australia. The Natte Yallock Astroid Strike which hit earth
480 million years ago. There is apparently 290 metric tones of gold still sitting in
this impact field. When these huge astroids (2km in size) impact earth the enormous
heat and pressure reacts with the basalt and creates the gold that is blown out in
essentially three directions from the astroid strike.
The gold mining industry does not want the slave class to learn of this so they keep
them mining inside incredibly deep and very dangerous mines so that gold stays high
priced and rare and inaccessible to the slave class.
There are hundreds probably thousands of these astroid hits scattered all over earth.
the astroid collides with earth. Most of the debris is blown out in the direction the
astroid is traveling and forms rivers and streams which is where much of the gold can
be found as alluvial gold. The best example of this would be in California.
Some of the astroid strikes are millions of years old and using Australia as an
example, there are tones of gold still buried in the debris fields.
Here is an example from Australia. The Natte Yallock Astroid Strike which hit earth
480 million years ago. There is apparently 290 metric tones of gold still sitting in
this impact field. When these huge astroids (2km in size) impact earth the enormous
heat and pressure reacts with the basalt and creates the gold that is blown out in
essentially three directions from the astroid strike.
The gold mining industry does not want the slave class to learn of this so they keep
them mining inside incredibly deep and very dangerous mines so that gold stays high
priced and rare and inaccessible to the slave class.
There are hundreds probably thousands of these astroid hits scattered all over earth.
tgII- Posts : 2431
Join date : 2009-11-17
Re: Precious metals
wow
this explains a lot! The value of being able to capture an asteroid cannot be overestimated then I guess...
USSTRATCOM may simply have attempted to "catch" one of those fly-by asteroid fragments of the last couple days, of which one blew up over Cuba, one went down in Russia and another one blew up over California,...all maybe failed attempts by US military forces...?
http://www.huffingtonpost.com/2012/10/26/tractor-beam-real-life_n_2018045.html
http://worldnews.nbcnews.com/_news/2013/02/15/16978049-russian-nuclear-bombers-intercepted-near-guam
This makes definetely more sense than invading space aliens
this explains a lot! The value of being able to capture an asteroid cannot be overestimated then I guess...
USSTRATCOM may simply have attempted to "catch" one of those fly-by asteroid fragments of the last couple days, of which one blew up over Cuba, one went down in Russia and another one blew up over California,...all maybe failed attempts by US military forces...?
New York University physicists David Ruffner and David Grier proposed they could build a “working tractor beam” which, "among other uses", could be used to gather samples of from space.
http://www.huffingtonpost.com/2012/10/26/tractor-beam-real-life_n_2018045.html
Two of the Tu-95 nuclear armed strategic bombers put on alert by Putin, US news reports say, traveled towards Guam immediately prior to this USSTRATCOM “test” utilizing “multiple refuelings” and causing both American and Japanese fighter aircraft to take flight to block them.
http://worldnews.nbcnews.com/_news/2013/02/15/16978049-russian-nuclear-bombers-intercepted-near-guam
This makes definetely more sense than invading space aliens
Sputnik- Posts : 1039
Join date : 2009-11-18
Location : Isaiah 14:11-15
Re: Precious metals
Could this lady's testimony be correct?
Key phrase..."And it is...ALL...a hoax."
Key phrase..."And it is...ALL...a hoax."
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Re: Precious metals
you got to have to blame somebody if you 'accidently' cause a total global desaster if an attempt to "space mine" [for diamonds, gold, platinum, silicate rock and those many other things they are greedy for]..goes "fatally wrong", besides people must not know about the profits....as TG pointed out.
I believe strongly that Wernher von Braun tried to undermine the US space race by not helping them "successfully"...and NASA only had their first noteworthy break thru's AFTER Kennedy bought the secret yugoslav space program from Tito, who in turn had broken up relations with this demon named Stalin...cause jugoslavia needed MONEY & FOOD more than a trip to the moon....history is surely a strange story sometimes...
I believe strongly that Wernher von Braun tried to undermine the US space race by not helping them "successfully"...and NASA only had their first noteworthy break thru's AFTER Kennedy bought the secret yugoslav space program from Tito, who in turn had broken up relations with this demon named Stalin...cause jugoslavia needed MONEY & FOOD more than a trip to the moon....history is surely a strange story sometimes...
Sputnik- Posts : 1039
Join date : 2009-11-18
Location : Isaiah 14:11-15
Re: Precious metals
Single asteroid worth £60 trillion if it was mined – as much as world earns in a year:
http://www.dailymail.co.uk/sciencetech/article-2147404/Found-The-single-asteroid-thats-worth-60-billion--years-financial-output-entire-WORLD.html
Bling came from space:
http://www.dailymail.co.uk/sciencetech/article-2034667/Earths-gold-platinum-arrived-meteor-shower-lasting-200MILLION-years.html
Vladimir Zhirinovsky told RIA Novosti that the blast over Russia was a “US weapons test”:
http://en.apa.az/news/187943
http://www.dailymail.co.uk/sciencetech/article-2147404/Found-The-single-asteroid-thats-worth-60-billion--years-financial-output-entire-WORLD.html
Bling came from space:
http://www.dailymail.co.uk/sciencetech/article-2034667/Earths-gold-platinum-arrived-meteor-shower-lasting-200MILLION-years.html
Vladimir Zhirinovsky told RIA Novosti that the blast over Russia was a “US weapons test”:
http://en.apa.az/news/187943
Sputnik- Posts : 1039
Join date : 2009-11-18
Location : Isaiah 14:11-15
Re: Precious metals
re: above video with Carol Rosin discussing "terrorism"; "astroids"; "aliens."
Qsc, check this out (will only make sense if the short clip above is viewed).
Qsc, check this out (will only make sense if the short clip above is viewed).
tgII- Posts : 2431
Join date : 2009-11-17
Re: Precious metals
Theres been a concentrated effort recently to force gold down, apparently a paper was released by some french study group predicting gold was going down over the next years, followed by concentrated messages in many national papers western in the financial advice sections echoing the same , the western bankers are desperate to get gold down and stop people investing in the hard metal or demanding hard metal in exchange for their paper investment
If all the suckers that have invested funds in virtual gold, suddenly wanted the hard metal in their possesion instead of "supposedly residing in some secure vault" i reckon a lot of them would remain empty handed
Maybe there has been a gradual increase of gold investors actually wanting the metal in their hands and some peopple are getting very worried and need to put thm of the trail fast with some emotional fear injection
previously whenever this sort of financial weight made such a move, it may have got the desired result, but with china russia brazil etc buying and holding hard metal it is interesting times to see what happens over next year or so
also according to some reports just released , gold production has decreased in last couple of years and is becoming more expensive to extract and this trend is predicted to continue which contradicts the price drop game
If all the suckers that have invested funds in virtual gold, suddenly wanted the hard metal in their possesion instead of "supposedly residing in some secure vault" i reckon a lot of them would remain empty handed
Maybe there has been a gradual increase of gold investors actually wanting the metal in their hands and some peopple are getting very worried and need to put thm of the trail fast with some emotional fear injection
previously whenever this sort of financial weight made such a move, it may have got the desired result, but with china russia brazil etc buying and holding hard metal it is interesting times to see what happens over next year or so
also according to some reports just released , gold production has decreased in last couple of years and is becoming more expensive to extract and this trend is predicted to continue which contradicts the price drop game
Re: Precious metals
Gold is $1410 today and has averaged $1600 for the past thirty days.
Gold is doing great!!!
'Nuff said.
Gold is doing great!!!
'Nuff said.
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Re: Precious metals
Gold dropped to a $1350 low this week.
This is about the same price it was going for back in 2010 when gold was on the rise.
So, relatively speaking, gold is still doing great..when you consider it was selling for $275 an ounce back in 1998.
It was widely considered a dead commodity back then and no one was suggesting buying it back then...how wrong they were.
But as I have posted here before concerning the speculations from Nick Guarino concerning the gold market is that gold will one day tank down to below $500 an ounce and a lot of speculators are going to lose big. This is because a lot of the market is fraudulent and much of the gold was bought on credit and tied in with the derivative financial time bomb that has yet to explode.
The only thing that can resolve the huge amount of losses and debt from derivatives is complete global financial collapse or World War III.
My prophecy...
The US, UK and NATO will provoke a war leading to a Sino-Soviet-Muslim-Communist Nations invasion force attacking the U.S. and U.K. with Russia being the eventual victor. This may even involve some nuclear retaliations but the west loses.
This is about the same price it was going for back in 2010 when gold was on the rise.
So, relatively speaking, gold is still doing great..when you consider it was selling for $275 an ounce back in 1998.
It was widely considered a dead commodity back then and no one was suggesting buying it back then...how wrong they were.
But as I have posted here before concerning the speculations from Nick Guarino concerning the gold market is that gold will one day tank down to below $500 an ounce and a lot of speculators are going to lose big. This is because a lot of the market is fraudulent and much of the gold was bought on credit and tied in with the derivative financial time bomb that has yet to explode.
The only thing that can resolve the huge amount of losses and debt from derivatives is complete global financial collapse or World War III.
My prophecy...
The US, UK and NATO will provoke a war leading to a Sino-Soviet-Muslim-Communist Nations invasion force attacking the U.S. and U.K. with Russia being the eventual victor. This may even involve some nuclear retaliations but the west loses.
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Re: Precious metals
My prophecy...
The US, UK and NATO will provoke a war leading to a Sino-Soviet-Muslim-Communist Nations invasion force attacking the U.S. and U.K. with Russia being the eventual victor. This may even involve some nuclear retaliations but the west loses.
A Scary Prophecy qsc, i hope i dont experience
If i had to squeeze out some form of potential future unwind myself, over the next 25 years , it would be continued business as usual by the elite factions of aristocratic and dirty rich brigade,dotted and grouped around the globe, but with continued exposures of their corruption slowly weeding these creatures out from their positions of control.
More Evidences will be uncovered of high level technology having been here before and its mystery of destruction revealed
New generations of western people who have the basic needs will have an ethical mindshift away from the greed is good fever which will impose an increasing restriction on the asset stripping global warmongering generation currently in control as the new breed take control in the political arena
This will still head on into a global community as expected for the majority of developed countries where the robot age and space travel will consume public interests
New generations will have increasing complexes about past lives and reincarnation as if an I is now becoming a they creating havoc with the notion of individuality
At some stage then , circa 2039, on the spring equinox , a red and blue mist will descend into the earths atmosphere from the heavens , which will just be a trick of the light , and atmospheric conditions , controlled by "nature" out of which a seemingly universal global voice will declare , the dream world and the awake world are now one, as are you , me and we , there is no more time to sleep , do you like what you see now ?
This is fantasy island !
From that moment on , people will just do as they wish at a speed of light with no consequences as everything can be re-constructed or destructed at will
The human consciousness has now left its body
Re: Precious metals
Paper Money = Dont hold too much of that shit as a presumed secure asset
Circa September 1923 Berlin - 500 million reich Marks ahahahehehoho
Buy Gold or Silver and Hold it = stay physical in asset
Circa September 1923 Berlin - 500 million reich Marks ahahahehehoho
Buy Gold or Silver and Hold it = stay physical in asset
Re: Precious metals
Gold and Silver Are Manipulated
The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be.
Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers have handed over evidence of gold and silver manipulation by their bank:
Very recently [Commodities Futures Trading] Commissioner Chilton assured me, and I’m going to quote him exactly, “I can’t appropriately express my frustration and disappointment with how we’ve handled the silver investigation
And, as you know, I’m prohibited from actually saying much. That said, I will not let September go by without speaking out if the agency doesn’t do so.”
***
I was also contacted by two JP Morgan employees who told me they had a large amount of documented evidence of market trading abuses in gold and silver by their bank (JP Morgan). [And they handed it over to the CFTC.]
We’ll have to wait to see if Maguire’s explosive allegations pan out.
As shown below, big banks have manipulated virtually every market – both in the financial sector and the real economy – and broken virtually every law on the books.
Energy Markets Are Manipulated
The Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011.
Commodities Are Manipulated
The big banks and government agencies have been conspiring to manipulate commodities prices for decades.
The big banks are taking over important aspects of the physical economy, including uranium mining, petroleum products, aluminum, ownership and operation of airports, toll roads, ports, and electricity.
And they are using these physical assets to massively manipulate commodities prices … scalping consumers of many billions of dollars each year.
Interest Rates Are Manipulated
Interest rates are rigged:
The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged
This was the largest insider trading scandal ever … and the largest financial scam in world history
Local governments got ripped off bigtime by the Libor manipulation
Libor is still being manipulated
Derivatives Are Manipulated
The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market.
Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.
Currency Markets Are Rigged
Currency markets are massively rigged.
Oil Prices Are Manipulated
Oil prices are manipulated as well.
Everything Can Be Manipulated through High-Frequency Trading
Traders with high-tech computers can manipulate stocks, bonds, options, currencies and commodities. And see this.
Manipulating Numerous Markets In Myriad Ways
The big banks and other giants manipulate numerous markets in myriad ways, for example:
Engaging in mafia-style big-rigging fraud against local governments. See this, this and this
Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here, here, here, here, here, here, here and here
Charging “storage fees” to store gold bullion … without even buying or storing any gold . And raiding allocated gold accounts
Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them (and see this)
Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this. This would be like selling your car, and collecting money from 10 different buyers for the same car
Cheating homeowners by gaming laws meant to protect people from unfair foreclosure
Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this, this and this
Engaging in unlawful “frontrunning” to manipulate markets. See this, this, this, this, this and this
Engaging in unlawful “Wash Trades” to manipulate asset prices. See this, this and this
Otherwise manipulating markets. And see this
Participating in various Ponzi schemes. See this, this and this
Charging veterans unlawful mortgage fees
Cooking their books (and see this)
Bribing and bullying ratings agencies to inflate ratings on their risky investments
The Big Picture
The big picture is simple:
The big banks manipulate every market they touch
Too much interconnectedness leads to financial instability
The government has given the banks huge subsidies … which they are using for speculation and other things which don’t help the economy. In other words, propping up the big banks by throwing money at them doesn’t help the economy
Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy. They say we need to break up the big banks to stabilize the economy
The big banks own the D.C. politicians … so Congress and the White House won’t do anything unless the people force change
The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be.
Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers have handed over evidence of gold and silver manipulation by their bank:
Very recently [Commodities Futures Trading] Commissioner Chilton assured me, and I’m going to quote him exactly, “I can’t appropriately express my frustration and disappointment with how we’ve handled the silver investigation
And, as you know, I’m prohibited from actually saying much. That said, I will not let September go by without speaking out if the agency doesn’t do so.”
***
I was also contacted by two JP Morgan employees who told me they had a large amount of documented evidence of market trading abuses in gold and silver by their bank (JP Morgan). [And they handed it over to the CFTC.]
We’ll have to wait to see if Maguire’s explosive allegations pan out.
As shown below, big banks have manipulated virtually every market – both in the financial sector and the real economy – and broken virtually every law on the books.
Energy Markets Are Manipulated
The Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011.
Commodities Are Manipulated
The big banks and government agencies have been conspiring to manipulate commodities prices for decades.
The big banks are taking over important aspects of the physical economy, including uranium mining, petroleum products, aluminum, ownership and operation of airports, toll roads, ports, and electricity.
And they are using these physical assets to massively manipulate commodities prices … scalping consumers of many billions of dollars each year.
Interest Rates Are Manipulated
Interest rates are rigged:
The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged
This was the largest insider trading scandal ever … and the largest financial scam in world history
Local governments got ripped off bigtime by the Libor manipulation
Libor is still being manipulated
Derivatives Are Manipulated
The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market.
Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.
Currency Markets Are Rigged
Currency markets are massively rigged.
Oil Prices Are Manipulated
Oil prices are manipulated as well.
Everything Can Be Manipulated through High-Frequency Trading
Traders with high-tech computers can manipulate stocks, bonds, options, currencies and commodities. And see this.
Manipulating Numerous Markets In Myriad Ways
The big banks and other giants manipulate numerous markets in myriad ways, for example:
Engaging in mafia-style big-rigging fraud against local governments. See this, this and this
Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here, here, here, here, here, here, here and here
Charging “storage fees” to store gold bullion … without even buying or storing any gold . And raiding allocated gold accounts
Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them (and see this)
Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this. This would be like selling your car, and collecting money from 10 different buyers for the same car
Cheating homeowners by gaming laws meant to protect people from unfair foreclosure
Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this, this and this
Engaging in unlawful “frontrunning” to manipulate markets. See this, this, this, this, this and this
Engaging in unlawful “Wash Trades” to manipulate asset prices. See this, this and this
Otherwise manipulating markets. And see this
Participating in various Ponzi schemes. See this, this and this
Charging veterans unlawful mortgage fees
Cooking their books (and see this)
Bribing and bullying ratings agencies to inflate ratings on their risky investments
The Big Picture
The big picture is simple:
The big banks manipulate every market they touch
Too much interconnectedness leads to financial instability
The government has given the banks huge subsidies … which they are using for speculation and other things which don’t help the economy. In other words, propping up the big banks by throwing money at them doesn’t help the economy
Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy. They say we need to break up the big banks to stabilize the economy
The big banks own the D.C. politicians … so Congress and the White House won’t do anything unless the people force change
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Re: Precious metals
yeah its good its becoming more public , silver is crazy low price in relation to goldGold and silver manipulated
good thing about silver and gold and diamonds etc is they can be carried in person and they transcend currencys and borderlines
Re: Precious metals
ok he's got lot of self interest invested in his beliefs but baloney or good sense perceptions is da question , but the answer is in ones own instincts , and one puts ones money where their hearts are influenced
Re: Precious metals
Must read to understand what is really going on: http://rt.com/op-edge/us-debt-gold-price-threats-481/
Sputnik- Posts : 1039
Join date : 2009-11-18
Location : Isaiah 14:11-15
Re: Precious metals
Yes, the gold bubble is mostly inflated due to gold derivatives or gold being bought with paper instruments of debt, as I have been saying for some time.
The market is not based upon true supply and demand so it is not possible to know what the real value of an ounce of gold really is based upon total global supply.
Not able to know the real value if one does not actually know what is the total global supply.
It is highly doubtful gold will ever break 2000.
My source says it will eventually crash back down to 300 levels...so buying at these high levels will be a loss.
A full out WWIII with the west against Russia and China could be the only possible exception regarding a rise beyond record gold prices.
But once in a crashed economy with worthless currency, gold will be worth something.
Fortunately, I bought huge amounts at 275 an ounce so I don't worry much about losing my initial investment.
I keep my gold physically in case cash becomes worthless.
The market is not based upon true supply and demand so it is not possible to know what the real value of an ounce of gold really is based upon total global supply.
Not able to know the real value if one does not actually know what is the total global supply.
It is highly doubtful gold will ever break 2000.
My source says it will eventually crash back down to 300 levels...so buying at these high levels will be a loss.
A full out WWIII with the west against Russia and China could be the only possible exception regarding a rise beyond record gold prices.
But once in a crashed economy with worthless currency, gold will be worth something.
Fortunately, I bought huge amounts at 275 an ounce so I don't worry much about losing my initial investment.
I keep my gold physically in case cash becomes worthless.
quicksilvercrescendo- Posts : 1868
Join date : 2009-12-01
Location : The Here & Now
Page 2 of 3 • 1, 2, 3
Page 2 of 3
Permissions in this forum:
You cannot reply to topics in this forum