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| 04:04 PM | ||
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| Pageviews Today: 1,440,868 | Threads Today: 558 | Posts Today: 10,375 |
| 04:04 PM | ||
Europe's central banks halt gold sales - Financial Times | |
| Anonymous Coward User ID: 1112260  Denmark09/27/2010 05:39 PM Report Abusive Post Report Copyright Violation | they dont sell the acual gold, just a paper saying that you have bougth gold, and the the banking institution is holding it for you. ( what they dont tell is that they have sold 5 times as mutch gold as there exists) Quoting: Anonymous Coward 1112305Well said i was thinking that  |
FreeDoom  User ID: 1110382  United States09/27/2010 07:06 PM Report Abusive Post Report Copyright Violation | |
| Philippines (OP) User ID: 1003925  Philippines09/27/2010 08:15 PM Report Abusive Post Report Copyright Violation | plenty of gold..for 1310 an oz..taking orders all day long..just dont take delivery...please? Quoting: FreeDoomYou can buy lots of gold bullion at Hong Kong. Have to pay in cash, and anything more than $9,999 USD requires your passport to be copied. Separate science and government. |
| Anonymous Coward User ID: 1111333 United States09/27/2010 08:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 898033 United States09/27/2010 08:25 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 898033 United States09/27/2010 08:25 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1111465  Mexico09/27/2010 08:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1091225 United States09/27/2010 09:12 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 905800 Mexico09/27/2010 09:18 PM Report Abusive Post Report Copyright Violation | |
| BloodRed User ID: 1033557 United States09/27/2010 09:22 PM Report Abusive Post Report Copyright Violation |  ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
| Wake Up User ID: 407421 United States09/27/2010 09:36 PM Report Abusive Post Report Copyright Violation | Pent up demand,,, to peak the price on an artificial shortage, so the sheeple will scramble to collect all their pennies, and TPTB will empty their vaults to the panicked stricken hungry masses. Buying at its peak, they'll watch their "investment" tumble in value as the bubble quickly deflates... Quoting: Anonymous Coward 1111465This is the best explanation I read all day!!! Thank you AC!! Makes complete sense now!! |
| Philippines (OP) User ID: 1003659 Philippines09/27/2010 10:13 PM Report Abusive Post Report Copyright Violation | Pent up demand,,, to peak the price on an artificial shortage, so the sheeple will scramble to collect all their pennies, and TPTB will empty their vaults to the panicked stricken hungry masses. Buying at its peak, they'll watch their "investment" tumble in value as the bubble quickly deflates... Quoting: Wake UpThis is the best explanation I read all day!!! Thank you AC!! Makes complete sense now!! This assumes there is something in the vaults to sell to meet the demand around the world. The problem is that no one knows how much gold is actually in the vaults, and I'd love to know how much "paper" gold is being sold to see if there is overselling or not. Separate science and government. |
| Anonymous Coward User ID: 1111465 Mexico09/27/2010 11:28 PM Report Abusive Post Report Copyright Violation | Pent up demand,,, to peak the price on an artificial shortage, so the sheeple will scramble to collect all their pennies, and TPTB will empty their vaults to the panicked stricken hungry masses. Buying at its peak, they'll watch their "investment" tumble in value as the bubble quickly deflates... Quoting: PhilippinesThis is the best explanation I read all day!!! Thank you AC!! Makes complete sense now!! This assumes there is something in the vaults to sell to meet the demand around the world. The problem is that no one knows how much gold is actually in the vaults, and I'd love to know how much "paper" gold is being sold to see if there is overselling or not. And you assume they will sell everything all at once. They wont. As the value of gold tumbles, many who have over bought -- affecting their disposible income -- will sell their gold back at a lower price to be bought by the movers and shakers. They hoard it again, gold price increases, the temptation to buy increases, and the cycle is repeated sold again at a higher price to the next group of suckers. |
| Anonymous Coward User ID: 880044 United States09/28/2010 08:14 AM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com] The lack of heavy selling is important for gold prices [XAU=X 1287.95 -8.10 (-0.62%) ] both because a significant source of supply has been withdrawn from the market, and because it has given psychological support to the gold price. On Friday, bullion hit a record of $1,300 an ounce. |
| Philippines (OP) User ID: 1003925 Philippines09/28/2010 07:25 PM Report Abusive Post Report Copyright Violation | Pent up demand,,, to peak the price on an artificial shortage, so the sheeple will scramble to collect all their pennies, and TPTB will empty their vaults to the panicked stricken hungry masses. Buying at its peak, they'll watch their "investment" tumble in value as the bubble quickly deflates... Quoting: Anonymous Coward 1111465This is the best explanation I read all day!!! Thank you AC!! Makes complete sense now!! This assumes there is something in the vaults to sell to meet the demand around the world. The problem is that no one knows how much gold is actually in the vaults, and I'd love to know how much "paper" gold is being sold to see if there is overselling or not. And you assume they will sell everything all at once. They wont. As the value of gold tumbles, many who have over bought -- affecting their disposible income -- will sell their gold back at a lower price to be bought by the movers and shakers. They hoard it again, gold price increases, the temptation to buy increases, and the cycle is repeated sold again at a higher price to the next group of suckers. I don't assume any banks will sell their gold at once. In fact, this thread is about the Europe Central banks halting gold sales. They may... or may not... sell gold (not all of it) as it "peaks". Demand will be there gobble it up as the prices go down. The price will go back up. (This is the pattern for the last 2+ years). Separate science and government. |
