*$* GOLD GOING TO THE MOON THREAD *£* | |
Chaosisfreedom
User ID: 80432800 Australia 06/02/2021 08:28 PM Report Abusive Post Report Copyright Violation | - 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 User ID: 79869233 United States 06/02/2021 08:39 PM Report Abusive Post Report Copyright Violation | |
DangerClose
User ID: 36134765 United States 06/02/2021 08:39 PM Report Abusive Post Report Copyright Violation | NO! It can't go to the moon yet! Quoting: DangerClose Was hoping for one more dip to drop $50k into it! 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 United States 06/02/2021 08:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79869233 United States 06/02/2021 08:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79411978 United States 06/02/2021 08:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80151656 06/02/2021 08:54 PM Report Abusive Post Report Copyright Violation | 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! *Comes in Whistling* I heard dat dat dere XRP/Ripple was allll ready for dat Basel III. Don't miss er GLP. LMAO |
Dustybunny
User ID: 75716524 United States 06/02/2021 09:04 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80049257 United States 06/02/2021 09:12 PM Report Abusive Post Report Copyright Violation | |
Truth be known
Saul Good User ID: 80088593 United States 06/02/2021 09:18 PM Report Abusive Post Report Copyright Violation | 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! 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 United States 06/02/2021 09:23 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 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. I say the US doesn't have the gold. 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. 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 Report Abusive Post Report Copyright Violation | SILVER AT $10,000 Quoting: Anonymous Coward 76569441 GOLD AT $160,000 PERCENTAGE WISE SILVER HAS THE HIGHEST PERCENT GAIN TO INVESTMENT If that happens, your morning cup of coffee will be $6,000.00 You're a 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 Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 06/02/2021 09:52 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 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. I say the US doesn't have the gold. 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. 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. 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 User ID: 79321299 United States 06/02/2021 10:04 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80440778 United States 06/02/2021 10:11 PM Report Abusive Post Report Copyright Violation | 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! 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? Do you really think that gold can sell for $500 cheaper in the USA than in the EU? They would just buy ALL OF OUR gold. Gold & silver are GLOBAL commodities...same as oil. |
FeralOne
User ID: 21648653 United States 06/02/2021 10:15 PM Report Abusive Post Report Copyright Violation | SILVER HAS A HIGHER PERCENT PROFIT POTENTIAL Quoting: Anonymous Coward 73827254 HOWEVER WE ARE IN THE JIMMY CARTER 2.0 IN CASE YOU DON'T KNOW HOW THAT ENDED UP AT THE END OF JIMMY CARTERS PREZ SILVER WAS AT 50$ 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 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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72937174 Iceland 06/02/2021 10:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80440778 United States 06/02/2021 10:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78141023 United States 06/02/2021 11:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76760905 United States 06/02/2021 11:10 PM Report Abusive Post Report Copyright Violation | 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? 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 Report Abusive Post Report Copyright Violation | |
President-Elect D. Moraniac
Clinging to my guns and Bibles User ID: 76239479 United States 06/02/2021 11:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78102067 United States 06/03/2021 12:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79826127 Australia 06/03/2021 12:48 AM Report Abusive Post Report Copyright Violation | * 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 User ID: 80194568 United States 06/03/2021 12:59 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79872515 Australia 06/03/2021 01:48 AM Report Abusive Post Report Copyright Violation | Revaluing Gold massively to the upside is now the only way for the Central Banks to remain solvent & relevant ..... Quoting: Anonymous Coward 79826127 * 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 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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79872515 Australia 06/03/2021 02:08 AM Report Abusive Post Report Copyright Violation | Revaluing Gold massively to the upside is now the only way for the Central Banks to remain solvent & relevant ..... Quoting: Anonymous Coward 79826127 * 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 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 https://twitter.com/_/status/1361993902065131526 |