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Clint007

Clint007
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  • Why Gold Is Losing Its Shine [View article]
    Prepare for another round of U.S. “stimulus propaganda”

    www.bullionbullscanada...
    ...There was also a tiny “improvement” in the pending sales of new homes. With U.S. foreclosures and repossessions still rapidly increasing, even with the U.S. banks only listing 1/3rd of these properties for sale, as long as foreclosures and repossessions continue to skyrocket, home sales can increase every month, without the U.S. housing market getting any closer to a bottom.

    ...Of course, you won't read these obvious facts in the coverage of any U.S. propaganda outlet. They were all too busy gushing about yet another “surprise”. While it's always possible that a small number of so-called “journalists” are actually stupid enough to see these statistics as “good news”, with U.S. propaganda being so absurd and transparent, most of these people are intentionally lying about these numbers.

    ...Trusting what comes out of the mouth of a U.S. “journalist” is just as foolish as trusting what comes out of the mouth of a U.S. banker, or one of their servants in the U.S. government...

    May 4, 2009. 03:24 PM | 3 Likes Like |Link to Comment
  • Why Gold Is Losing Its Shine [View article]
    This article show clearly the bad influence he received from the US propaganda "everything is going to be nice and beautiful, the economy will be great this year".
    Gold is MONEY, the main goal is to protect your value.
    The US$ will be devaluated by approx. 10%, but when?
    Everybody in the world know the US economy is in great danger except Daniel Harrisson and few of their influenced colleagues.
    All this mean it is possible the market will be in correction and the Gold shares will be part of the correction. But the value of the Gold it is and will be the best thing for protection.
    If the value of the Gold drop, let say $200.00 it is still a peanut compare the next value of Gold.
    I which you the best (?) for you and you promoting colleagues.
    May 4, 2009. 02:46 PM | 2 Likes Like |Link to Comment
  • How Does $9000 Gold Sound? [View article]
    As per an Casey article, at $9000. is cheap! Casey Files: (May 4, 2009)
    "Gold isn't going to $2,000 an ounce"www.321gold.com/editor...
    May 3, 2009. 09:48 AM | Likes Like |Link to Comment
  • How Does $9000 Gold Sound? [View article]
    We have to choose with great care about ETF, most of them is only paper, they don't have the real Gold as reserve.
    Apr 27, 2009. 07:58 PM | 2 Likes Like |Link to Comment
  • How Does $9000 Gold Sound? [View article]
    Gold reserve world wide
    www.321gold.com/charts...
    Apr 27, 2009. 04:55 PM | Likes Like |Link to Comment
  • How Does $9000 Gold Sound? [View article]
    India Gold reserve it is officialy 357 Tonnes in position #14


    Apr 27, 2009. 04:52 PM | Likes Like |Link to Comment
  • How Does $9000 Gold Sound? [View article]
    Hmmm! $9000. for Gold!
    In not mentioning what year or century!
    For me it is sound's like a salesman with a golden chain around is neck pushing for consuming.
    I believe Gold will go up with a very"moderate " case, $3500 in 4 to 5 years.
    Apr 27, 2009. 12:03 PM | Likes Like |Link to Comment
  • China Concerns, Crashing Currencies and the Future of Gold Purchases [View article]
    This is a MUST read by Richard Russell (he follow the market/Gold since 1958)
    They might be looking to buy the 100Billion$ of Gold from IMF (All their holding)!!
    Also look how many tonnes of Gold B of Canada hold.

    www.321gold.com/editor...
    Apr 19, 2009. 08:17 PM | Likes Like |Link to Comment
  • China Concerns, Crashing Currencies and the Future of Gold Purchases [View article]
    Some people (Apr 16 01:24 PM Abe Mishima wrote:...) don't know nothing AT ALL about the use of the Gold.All the money in the world have been born because of the Gold, it is THE ONLY REAL MONEY.
    Did you know how the "boat people" escape? Their money has no value they had to pay with Gold, yes, that was the only money accepted. Anywhere in the world the Gold will be accepted.
    About China, do you know with witch money they will by Gold? Yes, with the US$ (they made a lot of US$ with export in US also with their depts they own).
    They are buying, Mines, Oil & Gas...) around the globe right now with, again, US$, in a hurray before the US$ get devaluated (around 10%).
    Did you know the relics are more valuable then the US$?
    :)

    Apr 19, 2009. 07:47 PM | Likes Like |Link to Comment
  • Banker CEOs Lied to Congress [View article]
    I don't have to say a lot, but this interview, says a lot:
    (Note: + 30 minute) "Corruption In America's Banks? mefeedia.com/entry/cor...
    Apr 5, 2009. 11:31 PM | 1 Like Like |Link to Comment
  • G20 and IMF Gold: A Late April Fools' [View article]
    Do you remember the "boat people" in Vietnam?
    How do you think they succeed to pay their way out? Witch money did they used? GOLD, yes it is a fact.
    Gold is money, not an investment to play with. It is the best security in the world. When IMF they will sell Gold, with witch money they will be paid?
    US = Hmmm! US$ will be for sure devaluated.
    Maybe Chinese Money! or Euro! www.commodityonline.co... www.gold-eagle.com/gol...
    Apr 5, 2009. 11:41 AM | Likes Like |Link to Comment
  • Why It's a Good Time to Consider Chinese Stocks [View article]
    You must be 75 years old!
    That is the old school.China already own a huge US dept, so you better be gentle with them otherwise the all financial system will colapse if China decide to get dept out of their market.


    On Mar 29 04:27 PM HALFTRACK wrote:

    > WELL FOLKS ITS BETTER TO INVEST YOUR HARD EARNED MONEY WERE YOU HAVE
    > AT LEAST A CHANCE TO "MAKE MONEY IN THE LONG RUN"RATHER THAN IN THE
    > USA ACCOUNTS,WERE ITS DOUBTFUL!! TO THAT OTHER PERSON WHO SAYS "CAN
    > WE TRUST THAT COMMUNISTIC DICTATOR WHO OWNS US ? " YOU MUST BE REFERING
    > TO OBAMA AS HE WENT TO RUSSIA YEARS AGO TO BECOME A COMMUNIST VIA
    > RUSSIAN EDUCATION AS PER: "AMERICAN FREE PRESS -REPORTER "-TOM FIFE
    > :AND A HIGH RANKING MEMBER OF THE ' SOVIETS RUSSIAN COMMUNIST PARTY!
    > PLEASE CONTACT " AMERICAN FREE PRESS 645 PENNSYLVANIA AVENUE SE
    > SUITE 100 WASHINGTON DC.20003 OR AMERICANFREEPRESS.NET FOR
    > MORE DETAILS !!!!!!!!!!
    Apr 5, 2009. 11:11 AM | 2 Likes Like |Link to Comment
  • New Gold Could Be a Big Winner with Target for Million Ounce Annual Output [View article]
    I agree with your article on NGD, Thanks!
    To prove your say, see the institutional buying: www.thestreet.com/quot...

    and also this article:US should increase its Gold reserves to 107,153 tons
    2009-02-01 06:00:00
    Commodity Online
    MUMBAI: Global gold prices zoomed to touch a high of $926 per ounce as the week ended on recessionary fears that are driving several nations and economies to an unprecedented crisis. Gold prices are zooming thanks to shortage of the yellow metal and the devaluation of all leading currencies in the world.

    An analysis from Quantum Gold Fund says the currency- gold ratio has been steadily falling in USA which means more and more paper money is printed which is backed by fewer gold assets.

    A comparative study of currency in circulation issued and the corresponding gold held by Central banks in developed countries such as US & UK shows that currency-gold ratio is steadily falling. “We divided the gold reserves (in tonnes) held by central bank with the currency in circulation (in bn dollars) of that country. And the result was not surprising. Gold held by such central banks relative to the currencies issued by them has fallen considerably over the last few decades, especially in US,“ Quantum Gold Fund said.

    For e.g.: In the U.S, in 1973 gold held by central bank was 8,584 tonnes and currency in circulation was $61 bn. If we divide the gold held by the currency in circulation, we get a ratio of 141.2 i.e. 141.2 tonnes were held per 1 billion of currency in circulation. In 2007, the U.S central bank held 8,133 tonnes and the money in circulation was $759 bn. The ratio has now become 10.7 i.e. only 10.7 tonnes of gold held per billion dollars in circulation.

    The falling trend indicates that more and more paper currency issues in circulation is backed by less and less gold. The backing comes only in form of the faith in the Government, which is fast dwindling due to the financial crisis and the massive bail outs, especially in US.

    The Quantum Gold Fund says that gold is seriously undervalued and therefore investors should buy gold before it gets expensive.

    ”A proxy currency such as "GOLD" holds intrinsic value, since the supply of it is limited and which is not in control of any Central Bank. Gold has a unique characteristic of "store of value", vis-à-vis paper currencies. Paper currencies tend to lose value over a period of time due to inflation (loss of purchasing power) caused by over supply as it leads to a situation where more and more currency is required to buy the same amount of goods,” it says.

    If the U.S were to get back to the ratio of gold held per billion dollars in circulation as to its 1973 level of 141, then they would have to increase its gold reserves to 107,153 tonnes as against current holdings of 8,133 tonnes, an increase of more than 13 times.

    With the financial crisis not over yet and the recession looming large, central banks would continue to inject more and more money into the financial system.

    Thus the debasement of the currencies will continue making Gold more and more attractive as a hedge against the dwindling purchasing power and the loss of faith and confidence in paper currencies.

    Feb 3, 2009. 01:03 PM | 2 Likes Like |Link to Comment
  • Gold’s 'Grand' Illusion [View article]
    When the day of reckoning arrives.. in Vietnam, what money they use to pay to escape by boat (Boat peoples) well, they ONLY Money accepted was GOLD of any kind.

    Gold is MONEY.

    When I saw some comments about using arms, it must came from no brain Americans.
    Apr 14, 2008. 11:27 PM | Likes Like |Link to Comment
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