Gold just fell off a cliff?!

Hong Kong doesnt like gold?

woe!!!!

moder foocking bankers are raiding metals, a$$holes need to be locked up permanently ! they are trying to keep us in there printed worthless paper which is being printed out of thin air. Playing God which wont last very long.

You are a fucking retard. THAT is what is the matter.

They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

Ezekial 7:19


But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:

Matthew 6:20

Relax, its only a $15/oz drop.

Not too bad. I sold gold when it was a bit higher and did well. Gold has been way worse.

nothing what folks some fail to realize is that , if your " in" paper as the quotes you see are based on you dont have any tangible asset untill its SOLD.... thus driving down the price ... temporarily... maybe

Silver did the same. Dropped %0.60 in 2 minutes. Odd.

Does that work for your worthless dollars you slave for too?

silver dipped too. might have a 2 handle before the end of the year.

the wierd part about this dip was the spike today, and the fact QE4 was announced.

You'd think gold would be sustaining some gains today at least, not dipping

whoa someone with a brain... naw..........

People are trying to lock in their gains in precious metals to avoid all the new taxes and regulations in January. (Did you know Obamacare has new regs on gold???)

They are doing the same with the stock market, but the Federal Reserve is buying up shares to keep the price artificially high. They don't want gold to go up, when that happens it proves their incompetence, so they let it dip.


Just hang on, you will be glad you did.

HK likes gold bars...they HATE tungsten-filled gold bars!

You can't eat gold. People just woke up. Quit buying their scam. Punks.

Hear that laughing sound? That's the Chinese laughing hysterically as the elites smash down the price of PMs again, allowing them to use their soon-to-be-worthless dollars to buy up gold/silver/platinum and strategic metals for discount prices...

The price of paper gold is falling.

Gold is a hedge against the devaluation of the dollar. One of the things that George Green said that stuck with me is that he can go anywhere with his 20 pieces of gold in his pocket and do quite well. Also, buying Canadian gold can't be recalled by the US government as it has been in the past.

U.S. Gold Coin and Bullion Confiscation (Recall) of April 5th, 1933
Gold Confiscation (Recall): Will it happen again?
The Government has recalled gold, held for monetary reasons, three times in U.S. history. They do not recall gold because they have nothing better to do on a Wednesday morning such as April 5th, 1933 was. Gold held for monetary reasons are recalled in an attempt to keep "the average guy" in the banking system. The banking system that no longer would redeem $20 in paper money for a $20 gold piece with a gold content of .9675 troy ounce.

Ever hear of a bank holiday?

From Wikipedia

The provisions of the act were as follows:
Title I
Section 1. To affirm any orders or regulations the President or Secretary of the Treasury had given since March 4, 1933.
Section 2. To give the President the ability to declare a national emergency and have absolute control over the national finances and foreign exchange of the United States in the event of such an emergency.
Section 3. To authorize the Secretary of the Treasury to order any individual or organization in the United States to deliver any gold that they possess or have custody of to the Treasury in return for "any other form of coin or currency coined or issued under the laws of the United States".
Section 4. To make it illegal for a bank to do business during a national emergency (per section 2) without the approval of the President.
Title II.
To enable the Comptroller of the Currency (a post in the US Treasury) to take complete control of and operate any bank in the United States or its territories and to establish the terms and conditions under which bank is administered.

Gold is a hedge against the devaluation of the dollar. One of the things that George Green said that stuck with me is that he can go anywhere with his 20 pieces of gold in his pocket and do quite well. Also, buying Canadian gold can't be recalled by the US government as it has been in the past.

U.S. Gold Coin and Bullion Confiscation (Recall) of April 5th, 1933
Gold Confiscation (Recall): Will it happen again?
The Government has recalled gold, held for monetary reasons, three times in U.S. history. They do not recall gold because they have nothing better to do on a Wednesday morning such as April 5th, 1933 was. Gold held for monetary reasons are recalled in an attempt to keep "the average guy" in the banking system. The banking system that no longer would redeem $20 in paper money for a $20 gold piece with a gold content of .9675 troy ounce.

Ever hear of a bank holiday?

From Wikipedia

The provisions of the act were as follows:
Title I
Section 1. To affirm any orders or regulations the President or Secretary of the Treasury had given since March 4, 1933.
Section 2. To give the President the ability to declare a national emergency and have absolute control over the national finances and foreign exchange of the United States in the event of such an emergency.
Section 3. To authorize the Secretary of the Treasury to order any individual or organization in the United States to deliver any gold that they possess or have custody of to the Treasury in return for "any other form of coin or currency coined or issued under the laws of the United States".
Section 4. To make it illegal for a bank to do business during a national emergency (per section 2) without the approval of the President.
Title II.
To enable the Comptroller of the Currency (a post in the US Treasury) to take complete control of and operate any bank in the United States or its territories and to establish the terms and conditions under which bank is administered.

But we do not know how much time we have left before precious metals will be worthless...it appears there may be a while yet that they will be worth more than the paper money, which we all know is worthless.

Of course, money will be worth nothing before precious metals get to that point