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*$* GOLD GOING TO THE MOON THREAD *£*

 
Chaosisfreedom

User ID: 80432800
Australia
06/02/2021 08:28 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
I don't know if any of you want to have a serious conversation about this but let's look at the elements of this situation:

- Metal markets have been very obviously manipulated for decades (it's called the London FIX ffs)

- Basel III looks to be happening.

- SOME countries have enormous gold reserves.

- Central banks are the most insidiously predatory institutions of our age (watch/read Princes of the Yen).

From these points, what can we deduce here? A few things. Firstly, and most importantly, central banks scheme to control the finances of entire nations and empires. They do this over decades, and seem to have become very good at it. Why would they shoot themselves in the foot? When does a rational actor EVER discard an obvious advantage they have n a competitive environment? They don't. That's the answer.

Anyone who thinks that this is some sort of beginning of the end for currency manipulation must also think strippers like them!

Secondly, Basel III will make it far more difficult for ALL BUT A FEW organisations to capitalise their gold reserves. Think about how many countries do NOT have huge gold reserves. Where do you think they are going to have to go for credit after this? One of the handful of vendors still able to collateralise their reserves. All this does is reduce the playing field to an even smaller group of players. Will some little people make some money during the volatility? Of course! Will that at all affect the plans of the financial overlords in consolidating their power? Not one fucking bit!

Gold and Silver MAY go to the moon here, but think of what else is occurring. If you all think that the lizards are about to lose and that our 'freedom' is just around the corner, you don't realise the game that is being played.
Order is tyranny, chaos is freedom.
Anonymous Coward
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06/02/2021 08:39 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
It's not that Gold is going to the moon it's that the USD is going to trash.
DangerClose

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06/02/2021 08:39 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NO! It can't go to the moon yet!

Was hoping for one more dip to drop $50k into it!

beat_brick
 Quoting: DangerClose
Should have bought into AMC. I bought2,000 shares at 6$. Today it's worth 140,000$. AMC to Pluto!!!!
 Quoting: Anonymous Coward 75872305


Best wishes to everyone in cryptos!

I will not. Precious metals is all I believe in.

Freaking kills me I have this much digital currency in the bank!

But I can always order ammo and MREs.
My posts that can be misconstrued as "extreme" and/or "radical" are satirical.

#NoHymenNoDiamond #PoppedCherryDontMarry
Anonymous Coward
User ID: 22067365
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06/02/2021 08:41 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NOTHING. EVER. HAPPENS.
Anonymous Coward
User ID: 79869233
United States
06/02/2021 08:42 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NOTHING. EVER. HAPPENS.
 Quoting: Anonymous Coward 22067365


I hope you are right
Anonymous Coward
User ID: 79411978
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06/02/2021 08:53 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
I got eagles
I got double eagles
I got pandas
I got lots of Uncle Pauls
I got philharmonics in euros
I got philharmonics in schillings
I got maples
I got centenarios

But never got around to buying the buffalo. And that is the coolest of all.
Anonymous Coward
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06/02/2021 08:54 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*


Just before Basil III June 28th.
 Quoting: Agent 99


As much as you annoy me, I believe you hit the nail on the head on this one.

I've been looking into this. Not sure how this is going to play out, but it's going to be BIG.

USA/EU/Switzerland are supposed to pony up and implement the Basel-III on June 28th. I just don't see how it is possible for USA to have the gold to back their money. Is Biden going to beg Russia for relief?

MAJOR DOOM ON!
 Quoting: Psychedelic Mashed Potatoes


*Comes in Whistling*

I heard dat dat dere XRP/Ripple was allll ready for dat Basel III. Don't miss er GLP. LMAO
Dustybunny

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06/02/2021 09:04 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Gold and silver are what the hedge funds say they are because they have been allowed to create paper metal markets that are completely unchecked like the federal government does.
“You may live to see man-made horrors beyond your comprehension.” - Nikola Tesla
Anonymous Coward
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06/02/2021 09:12 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
glp effect - sell now
Truth be known
Saul Good

User ID: 80088593
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06/02/2021 09:18 PM

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Re: *$* GOLD GOING TO THE MOON THREAD *£*


Just before Basil III June 28th.
 Quoting: Agent 99


As much as you annoy me, I believe you hit the nail on the head on this one.

I've been looking into this. Not sure how this is going to play out, but it's going to be BIG.

USA/EU/Switzerland are supposed to pony up and implement the Basel-III on June 28th. I just don't see how it is possible for USA to have the gold to back their money. Is Biden going to beg Russia for relief?

MAJOR DOOM ON!
 Quoting: Psychedelic Mashed Potatoes


It was in Baghdad before 2001. It’s disappeared apparently. Sometime during the war. Wonder what happened to all that gold?
There is no nobility in being superior to your fellow man. True nobility lies in being superior to your former self. ~ Ernest Hemingway
Anonymous Coward
User ID: 76760905
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06/02/2021 09:23 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
The Fed is based on loans, and not real assets.

If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in.

Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services.

Resources will determine the next phase.
 Quoting: Agent 99


I say the US doesn't have the gold.
 Quoting: Shithead Tyrone Slothrop


On the FED balance sheet are

[link to www.federalreserve.gov (secure)]

11,041,000,000

11 Billion Dollars of Gold certificates that were issued in 1933.

Section 8

"The Congress shall have power...

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"

The US Congress fixed price of an ounce of gold is 42.2222 US dollars.

11,041,000,000 divided by 42.2222 = 261,497,506.051 ounces

US Treasury gold holdings...

Total 261,498,926.241 Ounces $11,041,059,957.90

[link to www.fiscal.treasury.gov (secure)]

The US Treasury is holding the Gold but the Federal reserve holds gold certificates equal to almost the entire US treasury supply.
 Quoting: HYpEr7l9Er


I see you have read Murray Rothbard's Mystery of Banking. That's exactly why the fed holds those bonds, in case treasury defaults on any debt, the fed has claim to the gold.
Anonymous Coward
User ID: 73827254
United States
06/02/2021 09:29 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
SILVER AT $10,000

GOLD AT $160,000

PERCENTAGE WISE

SILVER HAS THE HIGHEST PERCENT GAIN TO INVESTMENT
 Quoting: Anonymous Coward 76569441


If that happens, your morning cup of coffee will be $6,000.00
 Quoting: Anonymous Coward 34513884


You're a tard


YEP

THAT'S WHAT HAPPEN IN GERMANY 1921

SET THE STAGE FOR HITLER TO TAKE OVER
Anonymous Coward
User ID: 73827254
United States
06/02/2021 09:31 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
With crazy Biden at the helm we will see gold $10k by years end.
 Quoting: Anonymous Coward 79411978


NOW

CAN WE IMPEACH THE BLOOD SUCKING PARASITE
Agent 99

User ID: 77082640
United States
06/02/2021 09:52 PM

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Re: *$* GOLD GOING TO THE MOON THREAD *£*
The Fed is based on loans, and not real assets.

If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in.

Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services.

Resources will determine the next phase.
 Quoting: Agent 99


I say the US doesn't have the gold.
 Quoting: Shithead Tyrone Slothrop


On the FED balance sheet are

[link to www.federalreserve.gov (secure)]

11,041,000,000

11 Billion Dollars of Gold certificates that were issued in 1933.

Section 8

"The Congress shall have power...

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"

The US Congress fixed price of an ounce of gold is 42.2222 US dollars.

11,041,000,000 divided by 42.2222 = 261,497,506.051 ounces

US Treasury gold holdings...

Total 261,498,926.241 Ounces $11,041,059,957.90

[link to www.fiscal.treasury.gov (secure)]

The US Treasury is holding the Gold but the Federal reserve holds gold certificates equal to almost the entire US treasury supply.
 Quoting: HYpEr7l9Er


I see you have read Murray Rothbard's Mystery of Banking. That's exactly why the fed holds those bonds, in case treasury defaults on any debt, the fed has claim to the gold.
 Quoting: Anonymous Coward 76760905


Interesting.
Beginning of March all contracts were due. Thus the metal manipulation in favor of filling these contracts.

Meanwhile Glass–Steagall legislation and Volker Act were both quick fix laws put into effect to save the asses of those who put the US in jeopardy financially. It's entirely possible that new rules can be made up for the best possible outcome.

But the timing is perplexing.
100 days until 911
180 days until vax kicks in.
Anonymous Coward
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06/02/2021 10:04 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NOTHING. EVER. HAPPENS.
 Quoting: Anonymous Coward 22067365




Entire world locked down for a year. Communists steal the election. Deadly medical experiment being forced around the globe

but nothing.ever.happens


slow learner?
Anonymous Coward
User ID: 80440778
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06/02/2021 10:11 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*



Just before Basil III June 28th.
 Quoting: Agent 99


As much as you annoy me, I believe you hit the nail on the head on this one.

I've been looking into this. Not sure how this is going to play out, but it's going to be BIG.

USA/EU/Switzerland are supposed to pony up and implement the Basel-III on June 28th. I just don't see how it is possible for USA to have the gold to back their money. Is Biden going to beg Russia for relief?

MAJOR DOOM ON!
 Quoting: Psychedelic Mashed Potatoes


I have read articles that say this is only for European (in June) and British banks (year end), not US.

Where are you hearing that US banks will also have to comply?
 Quoting: Anonymous Coward 80275511



Do you really think that gold can sell for $500 cheaper in the USA than in the EU? They would just buy ALL OF OUR gold.

Gold & silver are GLOBAL commodities...same as oil.
FeralOne

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United States
06/02/2021 10:15 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
SILVER HAS A HIGHER PERCENT PROFIT POTENTIAL

HOWEVER

WE ARE IN THE JIMMY CARTER 2.0

IN CASE YOU DON'T KNOW HOW THAT ENDED UP

AT THE END OF JIMMY CARTERS PREZ

SILVER WAS AT 50$

GOLD AT 800$

PROJECTION

OF NATIONAL DEBT FROM JIMMY CARTER 186%

TIMES 50 AND 800

SILVER AT $10,000

GOLD AT $160,000

PERCENTAGE WISE

SILVER HAS THE HIGHEST PERCENT GAIN TO INVESTMENT
 Quoting: Anonymous Coward 73827254


True, if you can hop off the elevator before the cable breaks.
M R E

User ID: 71630411
United States
06/02/2021 10:25 PM

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Re: *$* GOLD GOING TO THE MOON THREAD *£*
It's not that Gold is going to the moon it's that the USD is going to trash.
 Quoting: Anonymous Coward 79869233


^^^this^^^
would rather have it & not need it then need it & not have it
Anonymous Coward
User ID: 72937174
Iceland
06/02/2021 10:27 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
28% tax rate
Anonymous Coward
User ID: 80440778
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06/02/2021 10:27 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Expect a big slam down in price as the manipulators try to terminate their short-sale contracts...then a big rise in price.
Anonymous Coward
User ID: 78141023
United States
06/02/2021 11:00 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
SILVER AT $10,000

GOLD AT $160,000

PERCENTAGE WISE

SILVER HAS THE HIGHEST PERCENT GAIN TO INVESTMENT
 Quoting: Anonymous Coward 76569441


If that happens, your morning cup of coffee will be $6,000.00
 Quoting: Anonymous Coward 34513884


You're a tard



At least you can buy a cup, just saying.
Anonymous Coward
User ID: 76760905
United States
06/02/2021 11:10 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NOTHING. EVER. HAPPENS.
 Quoting: Anonymous Coward 22067365




Entire world locked down for a year. Communists steal the election. Deadly medical experiment being forced around the globe

but nothing.ever.happens


slow learner?
 Quoting: Anonymous Coward 79321299


People have been trained Pavlovian-like to expect immediate doom. Doom like in the movies doom. This produces opiates in the mind like dopamine.

When the expected never materializes the subject is left with a severe case of cognitive dissonance realizing the reward, the opiate is no longer provided.

Then the subject matter is immediately rejected, and even attacked like a wounded animal might lash out at unsuspecting by-standers.

But the nirvana-like state of mind is always imagined to be within reach. When the hair on the back of your neck begins to rise and you become one of the goosebumps people.

[imgur] [link to i.imgur.com (secure)]
Tobie

User ID: 80373157
United States
06/02/2021 11:30 PM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
another thread today said there would be a price dip for metals in June

they heard it from their uncle, or read it in a toilet stall, or something

I'd welcome one more dip to buy in, then...
President-Elect D. Moraniac
Clinging to my guns and Bibles

User ID: 76239479
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06/02/2021 11:52 PM

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Re: *$* GOLD GOING TO THE MOON THREAD *£*
No. Only meme stocks and meme coins.
 Quoting: Anonymous Coward 79659346


I’m buying OTM FD calls on BB and BBBY tomorrow.
Winter is Coming.
Anonymous Coward
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06/03/2021 12:07 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Palladium
Anonymous Coward
User ID: 79826127
Australia
06/03/2021 12:48 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Revaluing Gold massively to the upside is now the only way for the Central Banks to remain solvent & relevant .....

* Central bank balance sheets were already bad pre-covid .....

* covid destroying whats left of their balance sheets

* Most central banks have large Gold holdings - so doing a massive Gold re-valuation keeps them solvent 7 relevant
Anonymous Coward
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06/03/2021 12:59 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
This time it is different with no entity large enough to bail out the US government and Federal Reserve.
 Quoting: Anonymous Coward 79521738


China could bail the US out for a 'Taiwan' fee.

If you think Biden has the courage to stop this I've got Kansas Beach property.
Anonymous Coward
User ID: 79872515
Australia
06/03/2021 01:48 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Revaluing Gold massively to the upside is now the only way for the Central Banks to remain solvent & relevant .....

* Central bank balance sheets were already bad pre-covid .....

* covid destroying whats left of their balance sheets

* Most central banks have large Gold holdings - so doing a massive Gold re-valuation keeps them solvent & relevant
 Quoting: Anonymous Coward 79826127


The ECB is nearly insolvent, except for their 10,000 tons of Gold ... a massive re-valuation of Gold is the only tool left in the tool-box the central banks have to get them back into the game fully liquid
Anonymous Coward
User ID: 79872515
Australia
06/03/2021 02:04 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
NOTHING. EVER. HAPPENS.
 Quoting: Anonymous Coward 22067365




Entire world locked down for a year. Communists steal the election. Deadly medical experiment being forced around the globe

but nothing.ever.happens


slow learner?
 Quoting: Anonymous Coward 79321299


putin-thiss
Anonymous Coward
User ID: 79872515
Australia
06/03/2021 02:08 AM
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Re: *$* GOLD GOING TO THE MOON THREAD *£*
Revaluing Gold massively to the upside is now the only way for the Central Banks to remain solvent & relevant .....

* Central bank balance sheets were already bad pre-covid .....

* covid destroying whats left of their balance sheets

* Most central banks have large Gold holdings - so doing a massive Gold re-valuation keeps them solvent & relevant
 Quoting: Anonymous Coward 79826127


The ECB is nearly insolvent, except for their 10,000 tons of Gold ... a massive re-valuation of Gold is the only tool left in the tool-box the central banks have to get them back into the game fully liquid
 Quoting: Anonymous Coward 79872515








GLP