Rick Santelli "Just wait until buyers of paper gold figure out there isn't enough physical to back it."

All the gold ever mined would be just a cube 55ft long. just sayin....

All the gold ever mined would be just a cube 55ft long. just sayin....


and how tall?

People decided that gold is worth something because it glitters, it's pretty. People can decide that led is just as valuable. Ya need it to make bullets and radiation shields. Neither gold or led are edible or conductive and both are plentiful... It's all made up.



I believe that humans value gold because it was genetically programmed into us to mine it for the Anunnaki. The reason that is is supposedly no longer in Fort Knox and that 100s of companies on the radio and TV are begging you to turn in your gold for cash is that its all being gathered up as tribute for when they return.

All the gold ever mined would be just a cube 55ft long. just sayin....

I dont get the appeal of gold. Many people like it, I just dont understand why?

I think in a TEOWAWKI secnario, gold wont be worth shit.

Im starving. I need fucking food!! Im thristy i need water.

That will be the "Currency of choice".

The guys who has mountains of gold,...... who is going to want that gold???

All the gold ever mined would fit between the legs of the Eiffel Tower......now have you got it!

I dont get the appeal of gold. Many people like it, I just dont understand why?

I think in a TEOWAWKI secnario, gold wont be worth shit.

Im starving. I need fucking food!! Im thristy i need water.

That will be the "Currency of choice".

The guys who has mountains of gold,...... who is going to want that gold???




You must have never hear of ORMO, mono-atomic gold or white powder gold...



[link to www.youtube.com]

stuff like this is no different from a drug dealer stealing your money and giving you no Product..... 90% of the population wont do a fucking thing about it- they will whine like children hoping they get re-served on a silver platter- while the other 10% will stand the fuck up n take there shit back..... the 10% im speaking of will be the fittest to survive this new world...

All the gold ever mined would be just a cube 55ft long. just sayin....


and how tall?

looks like you dont OWN gold.....you LEASE it

People are on edge.

The talking heads on CNBC are at each others' throats.

When fighting about gold....Rick Santelli said something along the lines of, "The price of gold itself for whatever reason is telling us something is wrong. The problem is, as people run into these ETF's like GLD and push the prices up....what happens when they find out that there isn't enough physical gold to back all the paper they are buying?"


Hopefully there is a video up soon....but that is a DAMNING thing to say on financial TV. Basically telling everyone...if you don't have physical gold in your hands...you don't own it.

Things are getting goofy out there.

Well, about 23 percent of the paper gold is backed by real gold. The paper is much like Ron Paul's Gold standard.

People decided that gold is worth something because it glitters, it's pretty. People can decide that led is just as valuable. Ya need it to make bullets and radiation shields. Neither gold or led are edible or conductive and both are plentiful... It's all made up.

Well, about 23 percent of the paper gold is backed by real gold. The paper is much like Ron Paul's Gold standard.


Interesting. How did you work out how much paper gold there is in circulation?

And how did you make sure that this was a genuine shortage? Example: A owns 100g of gold. B has a contract with A for A to give B 100g of gold tomorrow. C has a contract with B for B to give C 100g of gold next week. D has a contract with C for C to give D 100g of gold next month. E has a contract with D for D to give E 100g of gold next year.

That's 400g of paper gold in circulation, and only 100g of actual gold, but there's no shortage of gold and no fraud. When you counted up all the paper gold in circulation, how did you account for situations like this?