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Central Banks Buy Another 40 Tons Of Gold In May

 
Don Draper from Nantucket
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07/15/2020 08:49 AM

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Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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07/15/2020 08:54 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
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Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
Anonymous Coward
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07/15/2020 09:06 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
 Quoting: Anonymous Coward 77192571


Those in the know are getting rid of WORTHLESS paper money for real gold... they PRINT out of thin air $'s and give them to suckers for gold... what about you??? Tupac-TN
Anonymous Coward
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07/15/2020 09:13 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Banks and countries already have a TOTAL MONOPOLY ON GOLD!

Gold is useless. How to you "send" it? How do you transport it?

Governments have already seized your gold once before.

Wake the fuck up people! Ditch gold, BUY BITCOIN!
BRIEF

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07/15/2020 09:13 AM

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Re: Central Banks Buy Another 40 Tons Of Gold In May

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
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07/15/2020 09:14 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
 Quoting: Anonymous Coward 77192571


Exactly.
Don Draper from Nantucket  (OP)

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07/15/2020 09:16 AM

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Re: Central Banks Buy Another 40 Tons Of Gold In May
Banks and countries already have a TOTAL MONOPOLY ON GOLD!

Gold is useless. How to you "send" it? How do you transport it?

Governments have already seized your gold once before.

Wake the fuck up people! Ditch gold, BUY BITCOIN!
 Quoting: Anonymous Coward 22067365


Ask Ghadaffi or Hugo Chavez how insignificant gold is......Oh yeah thats right! They dead!1rof1
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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07/15/2020 09:20 AM

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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
 Quoting: Anonymous Coward 77192571


Yeah I'm sure the banks would not be smart enough to have it tested, and would simply take their word for it!
DOrolleyes
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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07/15/2020 09:25 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Banks and countries already have a TOTAL MONOPOLY ON GOLD!

Gold is useless. How to you "send" it? How do you transport it?

Governments have already seized your gold once before.

Wake the fuck up people! Ditch gold, BUY BITCOIN!
 Quoting: Anonymous Coward 22067365


Ask Ghadaffi or Hugo Chavez how insignificant gold is......Oh yeah thats right! They dead!1rof1
 Quoting: Don Draper from Nantucket


Then everyone might as well invest in oil and diamonds too... other limitless, naturally occurring resources.

Of course the U.S. would kill it's own mother over OIL or GOLD... doesn't mean we should base a currency on it.

They need to kill to protect their MONOPOLY on it... see how that works?

All they will ever do is HOARD all gold and oil and issue you worthless paper at a value they determine. We have to move past gold, I'm telling you.
Don Draper from Nantucket  (OP)

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07/15/2020 09:34 AM

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Re: Central Banks Buy Another 40 Tons Of Gold In May
Banks and countries already have a TOTAL MONOPOLY ON GOLD!

Gold is useless. How to you "send" it? How do you transport it?

Governments have already seized your gold once before.

Wake the fuck up people! Ditch gold, BUY BITCOIN!
 Quoting: Anonymous Coward 22067365


Ask Ghadaffi or Hugo Chavez how insignificant gold is......Oh yeah thats right! They dead!1rof1
 Quoting: Don Draper from Nantucket


Then everyone might as well invest in oil and diamonds too... other limitless, naturally occurring resources.

Of course the U.S. would kill it's own mother over OIL or GOLD... doesn't mean we should base a currency on it.

They need to kill to protect their MONOPOLY on it... see how that works?

All they will ever do is HOARD all gold and oil and issue you worthless paper at a value they determine. We have to move past gold, I'm telling you.
 Quoting: Anonymous Coward 22067365


No I use to think I had a grasp on how TPTB operate, but I was sadly mistaken...The Rolling Stones said it best.."What's confusing you is the NATURE of my game"
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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07/15/2020 09:37 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
 Quoting: Anonymous Coward 77192571


Those in the know are getting rid of WORTHLESS paper money for real gold... they PRINT out of thin air $'s and give them to suckers for gold... what about you??? Tupac-TN
 Quoting: Anonymous Coward 78312940


nobody wants to get stuck with something that's probly
just gold plated tungsten.
Anonymous Coward
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07/15/2020 09:37 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


Who has Muammar Gaddafi's 300 metric tons of gold??

"We came, We saw, He died," hee hee hee Hillary Clinton

DId Obama and Hillary split up the loot??
Anonymous Coward
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Australia
07/15/2020 09:39 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Paper (certificates) or physical?
Anonymous Coward
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Netherlands
07/15/2020 09:50 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Central banks are the biggest scam, rip offs, robbers in modern human history

Central banks can never go bankrupt

they can print money infinitly

they loan the money to the governments and live of the scamming interest/s which your grandchildren will be paying back those trillion dollar stimuluses

USA is hostage of the tribe, the Roth childs

MAGA and end them
Anonymous Coward
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07/15/2020 09:53 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Central banks are the biggest scam, rip offs, robbers in modern human history

Central banks can never go bankrupt

they can print money infinitly

they loan the money to the governments and live of the scamming interest/s which your grandchildren will be paying back those trillion dollar stimuluses

USA is hostage of the tribe, the Roth childs

MAGA and end them

 Quoting: Anonymous Coward 79114983


not only USA, whole world is hostage of the tribe scamming banking system

why pay taxes when they can print till infinity?

"If we American people ever allow monopoly banking to control the issue of currency, first by inflation and then by deflation, these banks and bureaucracies that will grow up around them will deprive we, the people of all our property until our children will wake up homeless on the continent which God gave us for stewardship."
-Thomas Jefferson

"The bold efforts that the present bank has made to control the government, the distress it has wantonly caused, are but premonitions of the fate which awaits the American people should they be deluded into a perpetuation of this institution. If the people only understood the rank injustice of the money and banking system there would be a revolution before morning. You are a den of vipers and thieves."
-Andrew Jackson


Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest (Reference 4). Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free (Reference 12, P. 265). Forty percent of our personal federal income taxes goes to pay this interest. The FED's books are not open to the public. Congress has yet to audit it. Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913.


The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud
Anonymous Coward
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07/15/2020 10:04 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Paper (certificates) or physical?
 Quoting: Anonymous Coward 79149016


oh, well, yer really asking for it if yer gonna
trust someone's Word or Signiture.
Anonymous Coward
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07/15/2020 10:28 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May


Credit card debt
Silverbird
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07/15/2020 10:28 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Precious metals are real money and gods money. Trump loves gold and has filed bankruptcy several times. I honestly believe he wants to go back to sound money. History tells us all paper fiat currency returns to its true value 0. The constitution says gold and silver are real money.[ we will see ]
Usmc1868
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07/15/2020 10:32 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
So that means 2.3 billion dollars in fake certificates will be sold to unsuspecting investors.
Anonymous Coward
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07/15/2020 10:38 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Central Banks printing money to infinite to buy up the worlds gold reserves. What could go wrong.
Anonymous Coward
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07/15/2020 10:39 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Precious metals are real money and gods money. Trump loves gold and has filed bankruptcy several times. I honestly believe he wants to go back to sound money. History tells us all paper fiat currency returns to its true value 0. The constitution says gold and silver are real money.[ we will see ]
 Quoting: Silverbird 78561993


God doesn't use money. Money is a construct of mans greed.
Don't fear the truthbeare
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Canada
07/15/2020 11:40 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
I thought every ounce of banker's gold was owned already by like 10 different people?
Anonymous Coward
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07/15/2020 11:41 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
Mail order? Peru? China?
Anonymous Coward
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07/15/2020 11:55 AM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
bsflag

1st, In the USA this bank is ILLEGAL. 2nd, I doubt there is truth to this. Why would Rchilds haul gold when they only need to use a keyboard. Either they no longer control central banks or story is BS.
Anonymous Coward
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07/15/2020 12:13 PM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
We pay them usury while they buy gold.
Over watch

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07/15/2020 12:13 PM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
thats alot of gold.
Mistress C

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07/15/2020 12:20 PM

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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


Who has Muammar Gaddafi's 300 metric tons of gold??

"We came, We saw, He died," hee hee hee Hillary Clinton

DId Obama and Hillary split up the loot??
 Quoting: Anonymous Coward 76203570


Libya is part of OIC, went into the pot at Mecca.
Mistress C

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07/15/2020 12:28 PM

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Re: Central Banks Buy Another 40 Tons Of Gold In May
Can someone explain this:

US holds 8133 tonnes of gold, 74.9% in Foreign Reserves.

What is the significance of Foreign Reserves?

Because Japan has 765 tonnes and 2.5% in Foreign Reserves.
Switzerland 1040 tonnes and 5.5 Foreign Reserves.

Germany 3369 tonnes 70.6 Foreign Reserves.
Anonymous Coward
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07/15/2020 12:43 PM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
I don't believe it.
Anonymous Coward
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07/15/2020 01:06 PM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
They print the money, inappropriately allocate the wealth,,then buy up the Gold.??

Sounds like central bankers or elitist pedophilic sympathizin' scum are up to their same old tricks again. A bunch of sick fucking criminals at this point.
Anonymous Coward
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07/15/2020 01:09 PM
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Re: Central Banks Buy Another 40 Tons Of Gold In May
[link to www.zerohedge.com (secure)]


Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons.



Got Gold?!?
 Quoting: Don Draper from Nantucket


If the banks bought bars perhaps they are just gold plated tungsten.
 Quoting: Anonymous Coward 77192571


Those in the know are getting rid of WORTHLESS paper money for real gold... they PRINT out of thin air $'s and give them to suckers for gold... what about you??? Tupac-TN
 Quoting: Anonymous Coward 78312940


Think about it!?

If they PRINT money out of thin air (which, yes they do).
Then spend said money on Gold, Gold value is then associated with thin air as well. As no matter of the supposed USD value of Gold and if it actually increases in USD value the process of printing more continues.

In fact anything that accepts fiat currency as a form of payment is subject to ZERO value, because the value of Fiat is ZERO due to printing ad infinitum.

It's a rigged system. There is no value when something of non-scarcity is the root denominator.

For this reason a truly scarce global decentralized monetary system must replace the politically manipulated fiat systems. - Such as Bitcoin.





GLP