We need a washout in gold and silver... | |
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Punk-A$$ets
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Carol B.
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Punk-A$$ets
(OP) User ID: 30559668 United States 04/12/2013 08:38 AM Report Abusive Post Report Copyright Violation | Does it start today? The sooner it happens the sooner we can start genuine uptrends. 13 years in a row of gains is catching up to gold. Quoting: Punk-A$$ets I hope so... Me too. I could easily see a stomach churning washout type crash followed by a mega rally to new highs. Last Edited by Chucklebutt on 04/12/2013 08:39 AM |
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Punk-A$$ets
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K.Kool
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Punk-A$$ets
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K.Kool
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Punk-A$$ets
(OP) User ID: 30559668 United States 04/12/2013 10:03 AM Report Abusive Post Report Copyright Violation | They need to depress the value while forcing you to sell to them. Quoting: Anonymous Coward 684982 Afterwards, they will stop suppressing the value, since it's all theirs. Theyve done this before, 1933 to be exact. Same People Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. |
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Green Shoots
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Anonymous Coward User ID: 297849 United States 04/12/2013 10:22 AM Report Abusive Post Report Copyright Violation | Does it start today? The sooner it happens the sooner we can start genuine uptrends. 13 years in a row of gains is catching up to gold. Quoting: Punk-A$$ets I'd like the price of gold to crash, so I can buy some. Are you planning on selling any gold now that you think it might be at a peak? Or do you just hold on to it forever? |
Punk-A$$ets
(OP) User ID: 30559668 United States 04/12/2013 10:27 AM Report Abusive Post Report Copyright Violation | |
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Punk-A$$ets
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Punk-A$$ets
(OP) User ID: 30559668 United States 04/12/2013 10:55 AM Report Abusive Post Report Copyright Violation | You know it was not comforting to see Sinclair featured daily on KWN trying to hold the line. Ironically, that whole thing wreaked of desperation. I hope Sinclair has some security at this 1PM meeting. Some of those weak bulls might really be pissed. lol Last Edited by Chucklebutt on 04/12/2013 10:59 AM |
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Anonymous Coward User ID: 684982 Czechia 04/12/2013 11:23 AM Report Abusive Post Report Copyright Violation | They need to depress the value while forcing you to sell to them. Quoting: Anonymous Coward 684982 Afterwards, they will stop suppressing the value, since it's all theirs. Theyve done this before, 1933 to be exact. Same People Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. usually you sound smarter than what you just wrote. They need their precious, and they intend to take it. With the dollar worth nothing, gold is what's next. 1n 1933 the dollar was tied to gold, they had to start to de-link it so that they could get the profit, and the public could take the loss. You DO understand the gold was sold not to the govt but to the FED dont you? The public never had any benefit of the price increase from 20 to 34$, and that is no accident. There is no govt gold it was all collateral for loans, all the govt has is loans 'as good' as gold' as long as a public can afford to pay, and now, they cant, so they will be disposed of along with any obligations from uncle to them. They finally can survive without the public, they can claim everything is theirs now. What you dont hand in voluntarily will be taken by decree and by force. |
Anonymous Coward User ID: 684982 Czechia 04/12/2013 11:30 AM Report Abusive Post Report Copyright Violation | They need to depress the value while forcing you to sell to them. Quoting: Anonymous Coward 684982 Afterwards, they will stop suppressing the value, since it's all theirs. Theyve done this before, 1933 to be exact. Same People Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. usually you sound smarter than what you just wrote. They need their precious, and they intend to take it. With the dollar worth nothing, gold is what's next. 1n 1933 the dollar was tied to gold, they had to start to de-link it so that they could get the profit, and the public could take the loss. You DO understand the gold was sold not to the govt but to the FED dont you? The public never had any benefit of the price increase from 20 to 34$, and that is no accident. There is no govt gold it was all collateral for loans, all the govt has is loans 'as good' as gold' as long as a public can afford to pay, and now, they cant, so they will be disposed of along with any obligations from uncle to them. They finally can survive without the public, they can claim everything is theirs now. What you dont hand in voluntarily will be taken by decree and by force. What most of you fail to recognize is that this is cultural,not financial. As in Moses' day where he comes back to see wholesale worship of the golden calf, its the cultural search for the financial ultimate, gold, the symbology of control of all human activity, control of others with the shining talisman. This is about control of that symbol and being in a position to make it worth anything they want to others seeking it from them, but as always, the transfer is always expensive, and temporary, for true ownership is never transferred, just leased, and it always must return to its 'chosen' home regardless how long its been away, or what fingers its been through. |
Punk-A$$ets
(OP) User ID: 30559668 United States 04/12/2013 11:35 AM Report Abusive Post Report Copyright Violation | They need to depress the value while forcing you to sell to them. Quoting: Anonymous Coward 684982 Afterwards, they will stop suppressing the value, since it's all theirs. Theyve done this before, 1933 to be exact. Same People Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. usually you sound smarter than what you just wrote. They need their precious, and they intend to take it. With the dollar worth nothing, gold is what's next. 1n 1933 the dollar was tied to gold, they had to start to de-link it so that they could get the profit, and the public could take the loss. You DO understand the gold was sold not to the govt but to the FED dont you? The public never had any benefit of the price increase from 20 to 34$, and that is no accident. There is no govt gold it was all collateral for loans, all the govt has is loans 'as good' as gold' as long as a public can afford to pay, and now, they cant, so they will be disposed of along with any obligations from uncle to them. They finally can survive without the public, they can claim everything is theirs now. What you dont hand in voluntarily will be taken by decree and by force. Where is this imaginary weaker dollar? Its been in an uptrend not a downtrend. I don't plan on arguing about gold confiscation. There is hardly any money invested in gold. Most is in savings, retirement funds, and the stock market. 'Bail in' is the new means of confiscation. Why? Gold is not officially money, US dollars are official money. |
Anonymous Coward User ID: 684982 Czechia 04/12/2013 11:44 AM Report Abusive Post Report Copyright Violation | They need to depress the value while forcing you to sell to them. Quoting: Anonymous Coward 684982 Afterwards, they will stop suppressing the value, since it's all theirs. Theyve done this before, 1933 to be exact. Same People Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. usually you sound smarter than what you just wrote. They need their precious, and they intend to take it. With the dollar worth nothing, gold is what's next. 1n 1933 the dollar was tied to gold, they had to start to de-link it so that they could get the profit, and the public could take the loss. You DO understand the gold was sold not to the govt but to the FED dont you? The public never had any benefit of the price increase from 20 to 34$, and that is no accident. There is no govt gold it was all collateral for loans, all the govt has is loans 'as good' as gold' as long as a public can afford to pay, and now, they cant, so they will be disposed of along with any obligations from uncle to them. They finally can survive without the public, they can claim everything is theirs now. What you dont hand in voluntarily will be taken by decree and by force. Where is this imaginary weaker dollar? Its been in an uptrend not a downtrend. I don't plan on arguing about gold confiscation. There is hardly any money invested in gold. Most is in savings, retirement funds, and the stock market. 'Bail in' is the new means of confiscation. Why? Gold is not officially money, US dollars are official money. Give it time, as the dollar slips from reserve status, you will see who will want it, the flight from the Euro only temporarily confiscation plan only temporarily bouys the dollar. Dont do what the libs do and simply take one frame from a movie and focus on that one or few. Life is an endless progression and evolution not one snapshot in time repeated. The dollar may remain internal currency and be valued only by decree, but trade with other external players with options and wealth will require something they can expect will retain some percentage of intrinsic value after they take possession,not a 10% and greater annual loss of true value. Dollars may be relatively stable at this moment compared to other fiats, but it's hardly intrinsically stable in a nation in impossible debt that no longer promises it can or will produce enough to make good on its debts. The flaw is surviving from microsecond to microsecond, but live is a continuing flow of microseconds without standing still. |
Anonymous Coward User ID: 684982 Czechia 04/12/2013 11:47 AM Report Abusive Post Report Copyright Violation | and remember, that past performance is no guarantee of future results, unless you consider the ultimate inevitable past performance which is all fiats collapse to zero frommanipulation by insiders and failure of leaders to protect their currency value. In the end, it's the so called leaders that manipulate it all for their own purposes and leave the public to ruin |
Punk-A$$ets
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Punk-A$$ets
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Anonymous Coward User ID: 37575540 United States 04/13/2013 11:22 AM Report Abusive Post Report Copyright Violation | I'd say the washout indeed started today. Holy cow - $1477! It's going to get scary me thinks. Already more than a little unnerving. Quoting: Punk-A$$ets 1477 ain't nothing. The real washout will have all you gold/silvertards staining your draws. Has the wifey been working on her toilet cleaning skills? You're gonna need them! |
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