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filipo

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  • So The Fed Does Have Gold: The Netherlands Just Repatriated 122.5 Tons Of It [View article]
    jb,
    "ISIS essentially represents a morphing and renaming of the militants / mercenaries that the CIA has been arming / training "

    ... as they did with the Taliban to fight Russian presence in Afghanistan. This is the only constance: fight the Russian bear.
    In that regard, Sarah Palin is prototypical.
    Nov 27, 2014. 01:55 AM | Likes Like |Link to Comment
  • So The Fed Does Have Gold: The Netherlands Just Repatriated 122.5 Tons Of It [View article]
    charles,
    I thought Nigel Farage was a creation of the CIA who didn't want the euro to threaten the USD's position as a reference currency ?
    But you sure are right: it was Angela Merkel who spied on the NSA's cellphone. Lol !!!
    Nov 27, 2014. 01:48 AM | Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    prefan,
    Indeed, and I regard these initiatives as progressive, not conservative.
    Gold's role as a weapon against monetary debauchery -look at Japan !- is something that Keynesians seem to have forgotten but that will come back with a vengeance.
    Only truely great economists like A. Greenspan -except when he was Fed Chair- acknowledge that.
    Nov 25, 2014. 02:43 PM | 1 Like Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    prefan,
    Psychologically it would boost the gold price, yes.
    But 1,300 tonnes to be bought in 5 years isn't that much.
    However, the mentality is clearly changing to the good. Ever more influential Western politicians seem to stress the importance of gold as reliable reserve assets nowadays:
    http://bit.ly/1uTKKW6
    To me the Swiss referendum is very important therefore. Even if the "yes" doesn't win, it won't be with a large %. Hence it clearly indicates that people are fed up with the actual fractional reserve banking system, the limitless creation of debt and the free-lunch mentality of the elite.
    Nov 25, 2014. 11:41 AM | 1 Like Like |Link to Comment
  • So The Fed Does Have Gold: The Netherlands Just Repatriated 122.5 Tons Of It [View article]
    Critical,
    They all sense the end game coming and they want to be among the first to repatriate their gold.
    Don't forget Germany already repatriated from France and from the UK a few years ago.
    The reason the Dutch succeeded in repatriating from the US rather than the Germans, imo has to do with the fact that the Dutch had more convincing arguments.
    The Dutch have the inquiry on MH17 in their hands and they know a few things which the Germans don't, just guessing.
    Nov 25, 2014. 11:22 AM | 4 Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    prefan,
    Yes, the phenomena of buy the rumour and sell the news occasionaly occur in a free market.
    However, this is no free market, it's a rigged one, so whatever the referendum outcome, ST the price of gold will stay subdued.
    That doesn't mean it will be so forever. As I said, the more physical departs from the West towards the East, the less margin the shorters have at their disposal to perform their ignominious work.
    In that regard, GLD gives us a clear indication. They still have a long way (720 tonnes) to go before depletion is reached.
    Nov 25, 2014. 01:30 AM | 1 Like Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    WMARK,
    A gold bug in disguise:
    http://bit.ly/1v5198J
    Nov 24, 2014. 02:49 PM | Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    IT,
    I took a break, yes.
    To me this should be compulsory reading in every class on economics:
    http://bit.ly/1v4XF65
    Take care.
    Nov 24, 2014. 02:43 PM | 1 Like Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    alpha,
    You seem uneducated.
    Here's some stuff to go through: the hows and whys of gold price manipulation:
    http://bit.ly/1v4XF65
    Nov 24, 2014. 02:38 PM | 2 Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    prefan,

    "If it passes, however, the potential for a significant market break upward exists. "

    In theory, yes, but remember the Cyprus-affair: immediately after the bail-in, the gold price plummeted. Shorters had added a few thousand gold shorting contracts on Comex, thus annihilating the longs.
    I expect the same going to happen now: if, if, if the Swiss vote "yes", the price of gold won't change much, due to a few thousand more shorting contracts on Comex.
    Backwardation might get higher though and GOFO-rates might plunge still further and overtime physical gold might get more scarce. But now, GLD still has 720 tonnes.
    Nov 24, 2014. 12:21 PM | 1 Like Like |Link to Comment
  • Gold And GLD Could See Further Losses As The U.S Economy Recovers [View article]
    amateur,
    The Dutch dispose of convincing arguments:
    http://bit.ly/1uYUcpK
    which the Germans don't have.
    The Dutch know a few things about MH17 which has the Americans make deliver the 122 tonnes readily.
    The Germans still haven't got more than their paltry 5 tonnes back.
    Nov 23, 2014. 05:28 PM | Likes Like |Link to Comment
  • GLD Selling Only A Minor Factor In Gold's Selloff, A Bullish Omen [View article]
    How short sighted and dumb that Fed policy indeed is of shorting the gold price. When most of the physical will have left our country heading East, Comex and Globex commitments will start to unravel and prices will shoot up anyway.
    Nov 22, 2014. 02:54 AM | 10 Likes Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]
    Avi,
    I regard

    "Sadly, I think we may see a number of miners go out of business to signal that there is blood in the Streets"

    as crucial.
    Nov 16, 2014. 08:19 AM | 1 Like Like |Link to Comment
  • Is GLD Able To Turn It Around? [View article]
    fish,
    They indeed lost the war, but was it a fair war ? They didn't have many fire-arms at wounded knee.
    There should be some retribution.
    http://bit.ly/1ufff6X

    Even the jews are having that retribution.

    "poisoning of underground water, earthquakes, and other problems are brought about by shale."
    "As long as keystone moves only Canadian energy south, I like it."

    So, as long as it's Canadian soil that's being poisoned, you don't object ?
    You really make me sick.
    Nov 15, 2014. 05:29 PM | Likes Like |Link to Comment
  • Is GLD Able To Turn It Around? [View article]
    fish,
    Indeed, environmental concerns are generally overlooked.
    Talking of environment, I wonder how that Keystone pipeline tale will develop. Senate will probably agree, but there still lingers the possibility of a presidential veto. Native Indians don't seem so happy with the prospect of having a steel pipeline running through their frontgarden.

    Exporting commodities never is a long lasting source of wealth. Australia is experiencing this once more.
    But complete absence of natural resources isn't profitable either, as Japan has to acknowledge nowadays.
    I think a healthy mix of natural resources and finished goods that offer large plus value should be best like in the case of Canada.

    It's especially the speed at which this fracking infrastucture has been deployed that has caused market disrupture, imo. And I fear that the worst still has to come when the huge debts of these junior oil companies will have to be paid back now that their cashflow is seriously reduced due to lower oil prices.

    However, the rest of the economy, oil-consumers, will profit and so will the general public. They'll be able to spend a reasonable amount of money on consumption goods.

    Have a nice weekend !
    Nov 15, 2014. 02:14 PM | Likes Like |Link to Comment
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