It’s an insidious plan -the transference of gold to those we owe. Every world government knows the dollar is worthless. So, gold is suppressed through a Bullion Banking mechanism, allowing gold to be shipped to China and wherever we have sent our worthless paper (Saudia Arabia, etc). They get to buy massive amounts of gold at greatly suppressed rates without the price of gold rising. Once everybody is made whole the price of gold will be revalued at some astronomical level. Gold, get you some.
4Bits
December 15, 2018 10:56 am
Old Mother Hubbard
Went to the cupboard,
To give the poor dog a bone;
But when she came there
The cupboard was bare,
And so the poor dog had none.
robert h siddell jr
December 15, 2018 11:50 am
The small guys know when they buy paper gold ETF contracts they won’t get physical gold but just a roll-over and the “interest” on their money; it is like a bond and the Fed just prints the money. It would be an illegal naked short except the Chicago Board of Trade says Congress made it legal for the Fed to keep PM’s prices manipulated way below their “true” values to keep their Fiat from going to it’s true value.
MrLiberty
December 15, 2018 12:33 pm
Quite happy that my cupboard is NOT bare.
Fleabaggs
December 15, 2018 3:07 pm
If you can’t afford gold buy silver. Even 1 oz. Will go a long way when the party is over.
If we get a full blown Zombie Apocalypse PM’s won’t be worth much till most of the Zombies are dead. Then their value will skyrocket.
Monster Box, (500 one oz. coins) in Eagles, Maple Leafs. if you can afford one. Or two.
Heavy. In a safe. Nice chunk of physical as wealth preservation, imho.
It’s an insidious plan -the transference of gold to those we owe. Every world government knows the dollar is worthless. So, gold is suppressed through a Bullion Banking mechanism, allowing gold to be shipped to China and wherever we have sent our worthless paper (Saudia Arabia, etc). They get to buy massive amounts of gold at greatly suppressed rates without the price of gold rising. Once everybody is made whole the price of gold will be revalued at some astronomical level. Gold, get you some.
Old Mother Hubbard
Went to the cupboard,
To give the poor dog a bone;
But when she came there
The cupboard was bare,
And so the poor dog had none.
The small guys know when they buy paper gold ETF contracts they won’t get physical gold but just a roll-over and the “interest” on their money; it is like a bond and the Fed just prints the money. It would be an illegal naked short except the Chicago Board of Trade says Congress made it legal for the Fed to keep PM’s prices manipulated way below their “true” values to keep their Fiat from going to it’s true value.
Quite happy that my cupboard is NOT bare.
If you can’t afford gold buy silver. Even 1 oz. Will go a long way when the party is over.
If we get a full blown Zombie Apocalypse PM’s won’t be worth much till most of the Zombies are dead. Then their value will skyrocket.
Monster Box, (500 one oz. coins) in Eagles, Maple Leafs. if you can afford one. Or two.
Heavy. In a safe. Nice chunk of physical as wealth preservation, imho.