Is the gold market looking more like 1975 and 76?
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Tex; We all really knew this was the case, but what happens to the exchange rates when the whole world realizes?
Tex…..just read and. we have been saying that THE GOLD IS NOT IN FT KNOX , SINCE 06
GOLD GOING HIGHER…..hang on …….for the ride
btw….thanks for the post……..
Merkel…..better watch out….the Germans are not going to like the news…….
What is amazing about the report ,,,,,IS THE AMOUNT CHINA HAS…..4000 TO 8000 TONS
DOES THIS MEAN…..the Chinese may not have as many dollars as everyone thinks they do.? ……Might be a quicker demise of the dollar……….
Excellent question….IF THEY DONT…watch out below for us….that is!
FDIC raises cap requirements for banks.
Was Cory even born before 1975?
I say ,between 1988-1991
OK,,,,CORY…..give us the truth……WHAT YEAR……
Thanks guys! I can say it was between 1975 and 1988.
Cory
Good grief Cory I would have never have put you at 41!!
Sorry can’t add up – I meant to write 38….
About 1984
Big Al
You seem to forget that revolving credit use increases at times of necessity. With stagnant wages and increased expenses, the credit card is for many a last resort. Consumer confidence numbers are as manipulated as the CPI. People in the “real” world can see the inflation, even if it is hidden in the reduced product size. Big Ben’s tapering is a sign that he knows inflation is closer then it appears. When the “head” rat begins to leave the ship you should know whats coming.
Sinking!
Big Al
Would that be lots of ratlings?
or lots of rattlings?
I know that many don’t believe this, but IT IS NOT ABOUT RATINGS!
Big and Old Al (Does this make any sense?)
GLD inventory dropped another 7.21 tonnes today.
But SLV dropped (confirm dropped) 16.5 tonnes.
Does this mean the COMEX is also running out of silver?
cfs………did the COMEX HAVE ANY SILVER,,,,,NAKED SHORTS…….
Where is IRISH………,,,,backing up the TRUCK…….,,,”AXELROD TONY”…
What is also interesting that over time one sees an ebb and flow in and out of dealer accounts and customer accounts. As I look at the numbers for the various banks it appear to me some concern for safety of deposits is beginning to start. There is consistent unilateral flow out of customer accounts.
Well now we know part of the reason for the oil surge:
http://fuelfix.com/blog/2013/07/09/gulf-facility-evacuated-after-leak-from-decades-old-well/
Panic in the Gulf of Mexico….
WHAT? Firefighters handling cargo train fires might be unaware than turning off the engine disables some kind of brakes?
http://fuelfix.com/blog/2013/07/10/quebec-oil-train-derailment-sparks-criminal-probe/
What did I say a couple of weeks ago about this?
http://www.zerohedge.com/news/2013-07-09/elusive-details-michael-hastings-death
Please read this story.
I don’t expect any blame to be assigned, but it stinks.
The arrogance of the administration, that thinks it has the right to act illegally, unconstitutionally, has no bounds.
I said this accident did not pass the smell test a couple of weeks ago, and the assumption should be made of assassination rather than accident. With more details like “no skid marks, now available, I’m more sure. I’ll make a further prediction: autopsy will show no smoke in the lungs. Michael Hastings was killed before he hit the tree, and the fire was to cover up as many facts as possible.
(Darn! Now I have to put on the false beard and trench coat again)
I have never bought gold because I was fearful of the financial system or fearful of inflation. When I bought it was like anything else it was I believe undervalued, and I have always bought physical again to avoid counter party risk. ( a bird in the hand is worth 2 in the bush). I haven’t purchased any gold now for 26 months.
I am not worried at all about the price of gold now because The US debt is my insurance policy and you can’t find a better insurer than that. The Fed is on fire and their trapped and we will see deflation when the debt defaults. Gold will hold it’s value no matter what. DT
The thoughts behind our actions exactly, Machine Gun!
Big Al
Better question to ask, Does the federal reserve look anything like 75, 76?
……..still fighting the fed….
That is a very good question Barry. It got me looking and I found this chat: http://greshams-law.com/2012/02/13/charting-the-federal-reserves-assets-from-1915-to-2012/
I have also posted this on the home page of the site.
Cheers,
Cory
The pilot flying the Asiana flight had 33 hours of experience flying the plane.
His co-pilot who was training him: this was his very first training flight!
For the first time in more than a month, gold finally managed to close above the 13 day moving average today. The daily MACD is about to make a bull cross while even the weekly MACD is starting to curl up. Friday’s plunge ended with a daily RSI above 30, indicating that it was probably just a weak retest of the prior week’s low. These small positives look better when you consider the charts here:
http://ceo.ca/are-the-stars-finally-aligned-for-a-gold-rally/
LUCKY 13
http://www.youtube.com/watch?feature=player_embedded&v=GnCIVeX0Ukc
I don’t know.
Russian propaganda is well prepared.
Itching to offer a tin foil every time I see people nod to their own talking. But with Susan L.’s background, it seems unlikely that she is *just* being delusional.
https://en.wikipedia.org/wiki/John_Howard_Lindauer
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/7/10_William_Kaye.html
Is the US fast asleep to what is happening?
It feels at times someone is planning the destruction of the dollar.
You think this is bad:
http://freejustincarter.org/
Then just wait till the IMF story breaks.
Hundreds of millions of dollars unaccounted for. May go into Billions.
Why do you think the US is pushing so hard to get access to Swiss banking data?
(Sorry, Uncle, If you’re reading this. I don’t have a Swiss bank account. You should look into where those Billions of NSA dark funds are disappearing to.))
And so it goes:
http://www.zerohedge.com/contributed/2013-07-10/giant-banks-take-over-real-economy-well-financial-system-%E2%80%A6-enabling-manipulat
And you thought I was joking, when I typed: “The World is Not Enough”
Could this be the first example of rats joining a sinking ship?
(and I’m talking about currency not people)
There are still heroes left in the world:
http://www.zerohedge.com/news/2013-07-10/leader-fukushima-explosion-response-team-dies-cancer
The Inevitable Collapse of Gold (3 minutes)
http://www.youtube.com/watch?v=G17SBB94Ewg
“In the last few weeks, I’ve been getting many questions from people about what is happening with gold. The inquiries have been coming from all sources, email, phone and even comments from previous Planning with Ed Insights.
“Here’s my take around the gold collapse.”
~Ed Rempel
I think Mr Ed’s “collapse call” qualifies as a bottom call.
Yeh but look what happened after my “bottom call” at $1321!
Big Al
Ed is possibly buried in he midwest and never been outside the US?
He brilliantly expresses what might have been true when the US dominated the world.
But he is totally wrong as the US dies, sadly.
People in the rest of the world do not think like Americans. They appreciate something real in which to store their wealth. Just wait until the US dollar starts to fall seriously.
Canada. So he is not buried — yet.
I really don’t know which is in worse shape!
Portugal
Italy
http://www.zerohedge.com/news/2013-07-10/11-signs-italy-descending-full-blown-economic-depression
Greece
Spain
Ireland
Almost any one could collapse at any moment.
And don’t forget revolting France.
We do seem to be on the cusp, CFS
Big Al
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Don’t worry about a thing CFS – that is if you take seriously the words of E.U. president: Herman van Rompuy spoken earlier last week – “Financial stability has been restored’!”
Al really should hold a weekly competition as to which politician gets to spout the greatest lie!
Where in the world is the GOLD?
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/9_Game_Over_-_Its_All_A_Farce,_The_Fed_%26_German_Gold_Is_Gone.html