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CNBC: Gold No Longer a Safe Haven

 
Anonymous Coward
User ID: 16463693
United States
05/24/2012 02:32 PM
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CNBC: Gold No Longer a Safe Haven
laugh

[link to www.cnbc.com]

Yep. 5,000 years of monetary history and CNBC thinks they can simply ignore and erase that.

Gold is accepted as money in every country on the planet. What fiat currency can claim that?

You lose, Rothschilds. Hell awaits.

laugh
ISLANDIA

User ID: 1483387
United States
05/24/2012 02:34 PM

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Re: CNBC: Gold No Longer a Safe Haven
The Biggest Concern is how long before all the Governments confiscates it all.

pigchef
marlborolightsplease

User ID: 1276307
United States
05/24/2012 02:35 PM
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Re: CNBC: Gold No Longer a Safe Haven
now is the time to buy
Anonymous Coward
User ID: 16620615
United States
05/24/2012 02:42 PM
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Re: CNBC: Gold No Longer a Safe Haven
LOL

Taking financial advice from CNBC

What a JOKE

If I did that, I wouldn't have the money I have.
Anonymous Coward
User ID: 16620805
Germany
05/24/2012 02:51 PM
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Re: CNBC: Gold No Longer a Safe Haven
Thread: GOLD - WORDS TO REMEMBER

I am ready to buy some...

I hope they push it down tomorrow for maybe the last time in hisory!
Anonymous Coward
User ID: 16620615
United States
05/24/2012 02:57 PM
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Re: CNBC: Gold No Longer a Safe Haven
laugh

[link to www.cnbc.com]

Yep. 5,000 years of monetary history and CNBC thinks they can simply ignore and erase that.

Gold is accepted as money in every country on the planet. What fiat currency can claim that?

You lose, Rothschilds. Hell awaits.

laugh
 Quoting: Anonymous Coward 16463693


No, the Roths have the majority of the gold in the world. It's just the paper side of the game, they'll lose out. And I'm SURE they have covered that base too.

The ULTRA rich know whats coming and are prepared.

They're like the banker in Monopoly. They know when the game is about to end, and they'll have moved out of paper into gold, silver, land and real estate.

It took CNBC 4 years after the gold and silver bull run started to even SAY the words gold and silver on the show. What was it, 2006 -7 when they added gold and silver to the (top screen) ticker? And even started talking about it, well after it had TRIPLED in price.

Yeah. CNBC is a puppet show.
Anonymous Coward
User ID: 16620615
United States
05/24/2012 03:13 PM
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Re: CNBC: Gold No Longer a Safe Haven
Gold and Silver are a roller coaster ride.

They (FED) control the price, so that the paper money lives another day.

And in doing so, they steal investors money along the way.

It's only the IRON STOMACH investors, who know for a fact the paper game is about to end, who will win in the end.

So grow some hair down there, and wait for it all to end, soon.
TapeWorm

User ID: 1180799
Canada
05/24/2012 03:32 PM
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Re: CNBC: Gold No Longer a Safe Haven
How much above-ground gold (gold that has been mined) is there in all the world?

The best estimate at the end of 2011 is that around 165,000 metric tons (or tonnes) have been mined in all of human history.

The estimated value of all gold known is about $11 Trillion.

In perspective the USA annual operating deficit is $15 Trillion

National gold reserves are measured in $ Billions / USA owns 30% and has the most. Even so Total USA gold holdings: 8,133 tonnes

Value: $361.8bn

Chump change.

Everyone on planet earth could have about 5 gold rings each using all gold mined in history.

That may explain why gold would be useless as a security for the 22 Trillion global deficit?
Hang out... EZ Links - HOT daily news portal.
[link to beyondprophecy.blogspot.ca]
BlueCameo33

User ID: 16172771
United States
05/24/2012 03:47 PM
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Re: CNBC: Gold No Longer a Safe Haven
laugh

[link to www.cnbc.com]

Yep. 5,000 years of monetary history and CNBC thinks they can simply ignore and erase that.

Gold is accepted as money in every country on the planet. What fiat currency can claim that?

You lose, Rothschilds. Hell awaits.

laugh
 Quoting: Anonymous Coward 16463693


Analysts at Bloomberg are saying that all PM's will be devalued soon. They been saying that for a year now.
Anonymous Coward
User ID: 16599370
Slovenia
05/24/2012 03:54 PM
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Re: CNBC: Gold No Longer a Safe Haven
Gold is accepted as money in every country on the planet...
 Quoting: Anonymous Coward 16463693

Have you ever tried you hypothesis in alive?

For what I know, you can sell gold in return for local currency everywhere, but I don't know any country where raw gold would be accepted as "money".

*
TapeWorm

User ID: 1180799
Canada
05/24/2012 04:56 PM
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Re: CNBC: Gold No Longer a Safe Haven
Gold is accepted as money in every country on the planet...
 Quoting: Anonymous Coward 16463693

Have you ever tried you hypothesis in alive?

For what I know, you can sell gold in return for local currency everywhere, but I don't know any country where raw gold would be accepted as "money".

*
 Quoting: Anonymous Coward 16599370


Not that I have ever come across. Some sort of conversion would be needed I think. Packing gold around... hmmm
Hang out... EZ Links - HOT daily news portal.
[link to beyondprophecy.blogspot.ca]
Dervish

User ID: 18848836
06/30/2012 10:59 AM

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Re: CNBC: Gold No Longer a Safe Haven
CNBC is owned by GE.
GE owns GE Capital-a global finance and banking giant with assets above 550 billion USD.....

No conflict of interest herecool2cool2
I know enough to know that I know nothing
Anonymous Coward
User ID: 17978503
United States
06/30/2012 11:01 AM
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Re: CNBC: Gold No Longer a Safe Haven
The Biggest Concern is how long before all the Governments confiscates it all.

pigchef
 Quoting: ISLANDIA



That would never happen. However you might soon here the Supreme Court declare the taking of the gold as merely a "tax"!
TheBiss
Food Dude

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United States
06/30/2012 11:02 AM
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Re: CNBC: Gold No Longer a Safe Haven
Shiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiittt...
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www.CatawbaCoops.com - Unique A-Frame chicken coop plans
Dervish

User ID: 18848836
06/30/2012 11:06 AM

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Re: CNBC: Gold No Longer a Safe Haven
Just a quick point..for the math challenged like me

Total wealth of the world = x
Total population of the world = y
X/y = avg wealth per person
X-X1 (x1 being the top 10 percent of global incomes) = x2
X2 equals everybody else

X1 increases its wealth by taking from x2

Mass media is not in the business of helping X2--they are in the business of ad revenue.
X1 only wants your income so as to increase their own.
I know enough to know that I know nothing
Anonymous Coward
User ID: 16251668
United States
06/30/2012 11:08 AM
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Re: CNBC: Gold No Longer a Safe Haven
Just a quick point..for the math challenged like me

Total wealth of the world = x
Total population of the world = y
X/y = avg wealth per person
X-X1 (x1 being the top 10 percent of global incomes) = x2
X2 equals everybody else

X1 increases its wealth by taking from x2

Mass media is not in the business of helping X2--they are in the business of ad revenue.
X1 only wants your income so as to increase their own.
 Quoting: Dervish


hfbump
Anonymous Coward
User ID: 7975617
United States
06/30/2012 11:13 AM
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Re: CNBC: Gold No Longer a Safe Haven
This is the channel that hosts Kramer's Mad Money. Nuff said.

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