Why is price of gold not shooting up, world is going crazy | |
Anonymous Coward User ID: 1184364 United States 04/01/2013 09:09 PM Report Abusive Post Report Copyright Violation | TPTB want physical PM's TPTB totally control the fiat currency Fiat currency will collapse, and they know it They make fiat currency temporarily attractive with the hope that you will trade your tangible PM's for the paper they just pulled off their printer When people give away the only tangible asset they have for paper, it makes TPTB happy By artificially lowering the "value" of PM's they can get what they want and offer you more free paper in exchange Moral of the story: If the "currency" isn't intrinsically valuable and doesn't represent anything tangible (gold, silver, barrels of oil, bushels of wheat, etc.); it isn't real and sooner or later it will collapse |
Anonymous Coward User ID: 13199824 United States 04/01/2013 09:16 PM Report Abusive Post Report Copyright Violation | |
s. d. butler User ID: 974819 United States 04/01/2013 09:20 PM Report Abusive Post Report Copyright Violation | Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit. Quoting: Anonymous Coward 35456178 Here is the truth... Physical gold and silver are a threat to the Global Financial Hegemony and it is a national security issue with the US Government. The ETFs GLD and SLV are paper representations of physical metal that does not exist. TPTB can dump millions of paper ounces on to the market on any given day to keep the price down, thus keeping fiat currency propped up. It does come with a price, it forces governments to print more fiat and dump ever increasing amounts of paper gold and silver onto the market to keep the price of physical down. It is like holding down the top to a pressure cooker with your hand, sooner or later it will blow. The longer they suppress the larger and faster will be the price of physical compared to fiat. Also you have to factor in that precious metals will not be mined if the price is artificially suppressed, while the mining costs continue to rise due to the inflation. This will cause electronics and jewelry to be in shorter supply, driving up demand causing a disconnect between paper and physical. TPTB have painted themselves into a corner and it will implode, just that no one can predict exactly when. Keep stacking and don't sell it. Precious metals, especially in currency form, is the one true money and will always retain value. Their has never been a paper fiat currency last more than 100 years, with 75 being the norm. The US dollar is no exception. Be prepared. Exactly. At some point they won't be able to keep the manipulation/ fraud going. |
Anonymous Coward User ID: 36521332 United States 04/01/2013 09:20 PM Report Abusive Post Report Copyright Violation | Because Gold isn't coming even close to beating inflation, it's that simple. Quoting: Anonymous Coward 14461267 silver and gold prices are actually actively being manipulated to being lower than actually worth by futures trading, and other financial means. So silver and gold are a special case where the price cannot be suppressed no longer. The question is whether or not the end of precious metal price suppression will coincide with inflation. |
Anonymous Coward User ID: 25658088 United States 04/01/2013 09:22 PM Report Abusive Post Report Copyright Violation | Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit. Quoting: Anonymous Coward 35456178 Here is the truth... Physical gold and silver are a threat to the Global Financial Hegemony and it is a national security issue with the US Government. The ETFs GLD and SLV are paper representations of physical metal that does not exist. TPTB can dump millions of paper ounces on to the market on any given day to keep the price down, thus keeping fiat currency propped up. It does come with a price, it forces governments to print more fiat and dump ever increasing amounts of paper gold and silver onto the market to keep the price of physical down. It is like holding down the top to a pressure cooker with your hand, sooner or later it will blow. The longer they suppress the larger and faster will be the price of physical compared to fiat. Also you have to factor in that precious metals will not be mined if the price is artificially suppressed, while the mining costs continue to rise due to the inflation. This will cause electronics and jewelry to be in shorter supply, driving up demand causing a disconnect between paper and physical. TPTB have painted themselves into a corner and it will implode, just that no one can predict exactly when. Keep stacking and don't sell it. Precious metals, especially in currency form, is the one true money and will always retain value. Their has never been a paper fiat currency last more than 100 years, with 75 being the norm. The US dollar is no exception. Be prepared. ^^THIS^^ Hard to find people with wisdom and knowledge these day. I could NOT have said it any better. |
Anonymous Coward User ID: 19138044 Latvia 04/01/2013 09:27 PM Report Abusive Post Report Copyright Violation | The price of gold has actually gone up if you want physical delivery. The paper gold contracts are being used to keep precious metals artificially low. It's called market interferrence and manipulation. For every ounce og gold that exists above ground, there are at least 200 2nd and 3rd party contracts written on it. When SHTF, those with the gold will not be skathed but greatly rewarded. TPTB know this and their paper bubble is starting to become visible to the world's sheep. A last great example of gold's value took place for the people who had their digital accounts stolen in Cyprus. Another great example of gold as money is taking place in Iran. Iran is doing just fine without the embargos on US Paper Dollars. They are trading their oil for GOLD...just as Saddam Hussein, Gaddafi, and Hugo Chaves had planned. No need for banks or middle men when you conduct your trade in real money. No worries of inflation, deflation, theft, interest, manipulated exchange rates, bankster fraud, market manipultion, supply or demand issues. |
GuidedOne (OP) User ID: 16220211 Lebanon 04/02/2013 05:12 PM Report Abusive Post Report Copyright Violation | Id rather die enormous than live dormant Dear sir, poor sir, brave sir: You are an experiment by the Creator of the Universe. You are the only creature in the entire Universe who has free will. You are the only one who has to figure out what to do next--and why. Everybody else is a robot, a machine. Just when I thought I was out, they pull me back in |