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Why is price of gold not shooting up, world is going crazy

 
GuidedOne
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03/31/2013 03:53 AM
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Why is price of gold not shooting up, world is going crazy
Some backroom deals going on to save currency and paper money, it is obvious usa is just printing money and euro was about to collapse because of little cyprus...are negotioations over syria, the only current active area of conflict really that difficult and slow?
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
Anonymous Coward
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03/31/2013 03:54 AM
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Re: Why is price of gold not shooting up, world is going crazy
No it's because the stock market is worth way more than gold & silver will ever be... Idol1
Anonymous Coward
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03/31/2013 03:56 AM
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Re: Why is price of gold not shooting up, world is going crazy
Because Gold isn't coming even close to beating inflation, it's that simple.
Anonymous Coward
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Belarus
03/31/2013 03:57 AM
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Re: Why is price of gold not shooting up, world is going crazy
statistical arbitrage

that's why
Anonymous Coward
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03/31/2013 03:59 AM
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Re: Why is price of gold not shooting up, world is going crazy
People see the stock market soaring and they're dumping their gold ( the safe haven of last resort) for a better return.
Anonymous Coward
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03/31/2013 04:12 AM
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Re: Why is price of gold not shooting up, world is going crazy
The same people reporting numbers to you are the same people sabotaging the economy.

Why even look at the "price" of gold? It makes no difference what they say it is. The true value of precious metals is above the law. It's not an investment. It is a safe haven against a failing, broken fiat dollar and a group of runaway criminal bankers.
beeches

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03/31/2013 04:18 AM

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Re: Why is price of gold not shooting up, world is going crazy
The same people reporting numbers to you are the same people sabotaging the economy.

Why even look at the "price" of gold? It makes no difference what they say it is. The true value of precious metals is above the law. It's not an investment. It is a safe haven against a failing, broken fiat dollar and a group of runaway criminal bankers.
 Quoting: Anonymous Coward 25070018


I agree. Our gold is not measured against the dollar, but against what it will be able to do when the dollar is gone.
Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward
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03/31/2013 04:19 AM
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Re: Why is price of gold not shooting up, world is going crazy
The same people reporting numbers to you are the same people sabotaging the economy.

Why even look at the "price" of gold? It makes no difference what they say it is. The true value of precious metals is above the law. It's not an investment. It is a safe haven against a failing, broken fiat dollar and a group of runaway criminal bankers.
 Quoting: Anonymous Coward 25070018


THIS ^^^^
Anonymous Coward
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Germany
03/31/2013 04:24 AM
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Re: Why is price of gold not shooting up, world is going crazy
oh the drama...always expecting a plaza accords
Anonymous Coward
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03/31/2013 04:26 AM
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Re: Why is price of gold not shooting up, world is going crazy
when the normal joe is in forget it, they already know, from electronic trading, when the wars first started 10 yrs. ago was the time
Anonymous Coward
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03/31/2013 04:29 AM
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Re: Why is price of gold not shooting up, world is going crazy
Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit.

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.
Stink E. Farts
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03/31/2013 04:43 AM
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Re: Why is price of gold not shooting up, world is going crazy
The USD has gone up because the Euro has gone down. Most people talk about gold in USD so it appears demand has decreased. But it has not. In terms of other currencies, gold has increased. When the contagion reaches the US, and people try to get out of the dollar, gold will go up. When the stock market bubble bursts, Gold may or may not go up depending on whether it is chosen as a safe haven.

I find it interesting that unless people are affected directly, they go about their lives like nothing is happening. The normalcy bias is incredibly powerful. Everybody should be making plans in case of wealth confiscation or martial law.

I have a terrible case of the stinky farts because my diet has been lacking quality. Having gas pains and stinky farts is not helpful in the case of a national emergency. Can you imagine going into hiding and being detected because you let a fart rip and they followed the noises and odor to your location?
Anonymous Coward
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United States
03/31/2013 05:01 AM
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Re: Why is price of gold not shooting up, world is going crazy
The USD has gone up because the Euro has gone down. Most people talk about gold in USD so it appears demand has decreased. But it has not. In terms of other currencies, gold has increased. When the contagion reaches the US, and people try to get out of the dollar, gold will go up. When the stock market bubble bursts, Gold may or may not go up depending on whether it is chosen as a safe haven.

I find it interesting that unless people are affected directly, they go about their lives like nothing is happening. The normalcy bias is incredibly powerful. Everybody should be making plans in case of wealth confiscation or martial law.

I have a terrible case of the stinky farts because my diet has been lacking quality. Having gas pains and stinky farts is not helpful in the case of a national emergency. Can you imagine going into hiding and being detected because you let a fart rip and they followed the noises and odor to your location?
 Quoting: Stink E. Farts 34852942


I pity those still in 401Ks. They are going to wake up broke one morning.
Anonymous Coward
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Poland
03/31/2013 09:16 AM
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Re: Why is price of gold not shooting up, world is going crazy
Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit.

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.
 Quoting: Anonymous Coward 35456178


clappa
upchuck

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03/31/2013 09:29 AM
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Re: Why is price of gold not shooting up, world is going crazy
Because when you invest in gold you are not actually buying gold you are buying a promise that the company that sold you the gold has the money to buy the gold; and, of course they don't actually have the money to buy the gold nor is there enough gold in the World to cover their scam so it's called a bubble and it's about to collapse.
upchuck
Anonymous Coward
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03/31/2013 09:44 AM
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Re: Why is price of gold not shooting up, world is going crazy
gold is worthless to intelligent people.

can't eat it.
can't defend yourself with it.
can't hunt for food with it.

what good is it?
It's only worth X-amount of worthless paper currency.
The difference between paper currency and toilet paper;
you wont chaff or be cut by toilet paper.
So which is more valuable?
Anonymous Coward
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03/31/2013 09:51 AM
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Re: Why is price of gold not shooting up, world is going crazy
Because the elite want it all......
Anonymous Coward
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03/31/2013 09:55 AM
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Re: Why is price of gold not shooting up, world is going crazy
peak gold
Anonymous Coward
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Mexico
03/31/2013 09:57 AM
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Re: Why is price of gold not shooting up, world is going crazy
Some backroom deals going on to save currency and paper money, it is obvious usa is just printing money and euro was about to collapse because of little cyprus...are negotioations over syria, the only current active area of conflict really that difficult and slow?
 Quoting: GuidedOne


It is called manipulation !!
In the long term they are toast !
Anonymous Coward
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03/31/2013 09:59 AM
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Re: Why is price of gold not shooting up, world is going crazy
Because Gold isn't coming even close to beating inflation, it's that simple.
 Quoting: Anonymous Coward 14461267


Where have you been the last 13 years? Stop posting. Your ignorance speaks for itself!
Anonymous Coward
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United States
03/31/2013 09:59 AM
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Re: Why is price of gold not shooting up, world is going crazy
The USD has gone up because the Euro has gone down. Most people talk about gold in USD so it appears demand has decreased. But it has not. In terms of other currencies, gold has increased. When the contagion reaches the US, and people try to get out of the dollar, gold will go up. When the stock market bubble bursts, Gold may or may not go up depending on whether it is chosen as a safe haven.

I find it interesting that unless people are affected directly, they go about their lives like nothing is happening. The normalcy bias is incredibly powerful. Everybody should be making plans in case of wealth confiscation or martial law.

I have a terrible case of the stinky farts because my diet has been lacking quality. Having gas pains and stinky farts is not helpful in the case of a national emergency. Can you imagine going into hiding and being detected because you let a fart rip and they followed the noises and odor to your location?
 Quoting: Stink E. Farts 34852942


I pity those still in 401Ks. They are going to wake up broke one morning.
 Quoting: Anonymous Coward 35456178


No...remember they promised everyone that got into it would be a millionaire in 40 years... 1rof1
Anonymous Coward
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03/31/2013 10:00 AM
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Re: Why is price of gold not shooting up, world is going crazy
It's pretty simple, actually... Gold mostly parallels oil prices... and run opposite to the financial markets. When the markets do well, oil and gold do not go up. When the markets tank, metals and oil rise. People invest in metals, oil, and other commodities when the stock markets are not making them money.

Stock markets, over time, are proven to be a safer investment. It's only when there's an upheaval like the 2008 mortgage crisis, or a long-term recession, that the markets become a poor investment... over the short term. In those times, metals, oil, and other commodities will make you more money.

VERY few successful investors stick with commodities over any length of time. Right now, oil and gold are fairly stable and a little on the high side... but that's because of indicators that suggest the current markets are near peak and might fall again, soon.
grimmlord

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03/31/2013 07:23 PM
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Re: Why is price of gold not shooting up, world is going crazy
gold/silver are merely anticipating the next big
major risk off deflation event .

sit tight on your PMs .

because gold/silver will also front run the next
big inflation risk on knee jerk reaction from
the central banks in order to avoid the above total
deflationary collapse .

because we are in the terminal stages of this recent
iteration of the fiat money system .

i call it the "wolf wave" and it is very surfable on the
wild and erratic ups and downs ...

register an account first and then chat with grimmlord on spam.com/spam tard
Anonymous Coward
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United States
03/31/2013 07:24 PM
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Re: Why is price of gold not shooting up, world is going crazy
No it's because the stock market is worth way more than gold & silver will ever be... Idol1
 Quoting: Anonymous Coward 1211208


are you like...stoopid?
Anonymous Coward
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United States
03/31/2013 10:53 PM
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Re: Why is price of gold not shooting up, world is going crazy
Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit.

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.
 Quoting: Anonymous Coward 35456178

very well said bro. how come the only people that are able to scam the PM market is the fed and jpmorgan. i mean can't Russia and China set up their gold trade market and only deal with real gold so fed and jpmorgan can eat shit with their fake gold?

everybody knows fort knox is empty so why those other countries play along? it will take seven years to return Germanys gold, if that ddidn't tell the world the whole truth i don't know what will.

dynamite
Ibrahim

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United Kingdom
04/01/2013 05:54 AM
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Re: Why is price of gold not shooting up, world is going crazy
Who cares. Its not about buying something for investement these days.
Its about putting your money where it cant be stolen.
Not that I care anymore.
I plan to starve a few million people to death and I will not flinch.
Body bags, mass graves, total destruction of countries non of it bothers me as long as they are on my hit list.
I just need to segregate the beast and render it useless.
After that I can die in peace.
Ibrahim
Anonymous Coward
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Canada
04/01/2013 07:10 AM
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Re: Why is price of gold not shooting up, world is going crazy
Ignore the ignorant shill fucktards on here. They know nothing and are probably being paid to post their bullshit.

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.
 Quoting: Anonymous Coward 35456178

very well said bro. how come the only people that are able to scam the PM market is the fed and jpmorgan. i mean can't Russia and China set up their gold trade market and only deal with real gold so fed and jpmorgan can eat shit with their fake gold?

everybody knows fort knox is empty so why those other countries play along? it will take seven years to return Germanys gold, if that ddidn't tell the world the whole truth i don't know what will.

dynamite
 Quoting: Anonymous Coward 14443159


Russia and China are using this point in the gold market to accumalate physical.....so they also want an artifically low PM price.
Their time is coming when they will use their physical to back their currency.....just waiting for US dollar to complete its death spiral.
Anonymous Coward
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04/01/2013 07:08 PM
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Re: Why is price of gold not shooting up, world is going crazy
A lot of shills and morans posting here. propoganda
Anonymous Coward
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New Zealand
04/01/2013 07:11 PM
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Re: Why is price of gold not shooting up, world is going crazy
because they have sold more gold than exists, they NEED people to switch tier investments to somthing that actually exists before they are found out.

Simple.
nukemasterjm
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04/01/2013 08:53 PM
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Re: Why is price of gold not shooting up, world is going crazy
The real power in the World is the privilage to Print money and force everyone else to use it. The people who have no gold and lots of paper are not interested in going back to gold. Ask Saddam and Momahar.
Anonymous Coward
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04/01/2013 08:56 PM
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Re: Why is price of gold not shooting up, world is going crazy
Because it's all a show and they control EVERYTHING, including the price of precious metals





GLP