Yessssss!!!! Gold Always believe in .... Gold, Your indestructible, GOLD!!!

[Letsbereal]

silver didn't do to bad either

Yep, here's the Silver thread - It's a sticky on top of the Financial section:

BUY PHYSICAL SILVER to expose JP Morgan's Fraud...BANKERS OR US http://forum.prisonplanet.com/index.php?topic=191915.msg1289653#new

[Letsbereal]

Big Fat Zero: Celente on jobs, gold & money printing http://www.youtube.com/watch?v=fisK807cHSs

[Letsbereal]

A split between east and west over gold’s future?
2 September 2011, by Tom Bemis (MarketWatch - Blogs)
http://blogs.marketwatch.com/thetell/2011/09/02/a-split-between-east-and-west-over-golds-future/

Gold  is surging on Friday’s lousy employment data showing zero jobs growth in the U.S..

Gold GC1Z rose $53 to $1,882.30 in recent action.

London based bullion dealer Ross Norman says he been seeing a distinction in the perception of the gold rally depending on where questioners are from.

    In short, Western based news reporters seem broadly  skeptical of the bull run (with questions centred in whether or not we  are in a bubble) while reporters from the East are evidently not so. No  where is that divergence of thought quite so apparent than in the  statistics that the markets are currently reporting. Bullion exchanges  in both Hong Kong and Dubai have in the last couple of days both  reported a doubling of average daily trade volumes in against the  corresponding period a year ago. Gold sales in Shanghai have been red  hot, while in Japan there has been a more Western style skepticism and  some good selling reported. Here in London we have seen some good buying  (typically from Asian clients) while significant volumes of ‘old gold’ (typically Krugerrands bought in the 1980′s) are coming back to the  market, creating an interesting two way trade.

[Letsbereal]

Wikileaks Discloses The Reason(s) Behind China's Shadow Gold Buying Spree
3 September 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/wikileaks-discloses-reasons-behind-chinas-shadow-gold-buying-spree

Excerpt:

Wondering why gold at $1850 is cheap, or why gold at double that price will also be cheap, or frankly at any price?

Because, as the following leaked cable explains, gold is, to China at least, nothing but the opportunity cost of destroying the dollar's reserve status.

Putting that into dollar terms is, therefore, impractical at best, and illogical at worst.

We have a suspicion that the following cable from the US embassy in China is about to go not viral but very much global, and prompt all those mutual fund managers who are on the golden sidelines to dip a toe in the 24 karat pool.

The only thing that matters from China's perspective is that

"suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency.

China's increased gold reserves will thus act as a model and lead other countries towards reserving more gold.

Large gold reserves are also beneficial in promoting the internationalization of the RMB."

Now, what would happen if mutual and pension funds finally comprehend they are massively underinvested in the one asset which China is without a trace of doubt massively accumulating behind the scenes is nothing short of a worldwide scramble,

not so much for paper, but every last ounce of physical gold...

[Letsbereal]

For the ones who mist it A Must See!

Mike Maloney on Debt Collapse & the Case for $20,000 Gold http://www.youtube.com/watch?v=tj2s6vzErqY

[Satyagraha]

Wikileaks Discloses The Reason(s) Behind China's Shadow Gold Buying Spree
3 September 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/wikileaks-discloses-reasons-behind-chinas-shadow-gold-buying-spree

Excerpt:

Wondering why gold at $1850 is cheap, or why gold at double that price will also be cheap, or frankly at any price?

Because, as the following leaked cable explains, gold is, to China at least, nothing but the opportunity cost of destroying the dollar's reserve status.

Wikileaks (the CIA/NWO propaganda machine) wants us to believe that "CHINA DID IT!"
So we can be sure that it was not "China".
The globalists, busy at myth-making, are pitting us against each other.
Look to the real enemies:
 

You want to know who we're fighting?
Who the real enemies are?
Watch this video; lecture by Dr. John Coleman, and understand who we're up against:


http://www.youtube.com/watch?v=XV77hzXgd3U&feature=related

These people operate on a global perspective.
They ARE the "one world government".

THEY are destroying the middle class.
The de-industrialization of western countries is happening because THEY are executing their plans. We are watching them rip countries to shreds, kill millions of people, take absolute control of resources, and give us media propaganda to engage our anger and direct it to the "enemies" they manufacture.

THEY are the people behind the manufactured "enemies" - they instigate infighting; so we focus our anger on each other: we hate the muslims, we hate the jews, we hate the christians, we hate the democrats, we hate the republicans.... we hate each other.

They remain safe and protected from scrutiny because they have created a system to shield them from view. We see the David Rockefellers, the Ben Bernankes, the Barack Obamas; we see only their minions. Puppets, all.

But to see behind those puppets; to view the real controllers is to violate their carefully constructed shield of invisibility. For this you will be called 'paranoid'. This is a psyop: you are being marginalized with stigmatizing labels because you are a threat. We are so conditioned to herd mentality; we are fearful of being labeled and ostracized. To accept that, and remain silent in the face of this threat is to surrender to their control.

These are the real enemies: the people controlling the puppets in government, industries including pharma, agri-business, defense contractors, non-profit 'humanitarian' organizations, and the media propaganda machines that serve up our daily doses of conditioning to keep us in the dark. To keep us fighting amongst ourselves.

Info: The Club of Rome
Info: The Committee of 300
Info: The Bilderberg Group

The next time you think to perpetuate the false enemy agenda; to post something that fear-mongers about any group of people, think about these 'clubs'. They've planted the seeds to grow hatred, and you are providing fertilizer every time you spread the hate.

[Letsbereal]

FLASH: China knows about gold price suppression, and U.S. knows China knows
3 August 2011, by cpowell GATA)
http://www.gata.org/node/10381

Excerpt:

"According to China's National Foreign Exchanges Administration, China's gold reserves have recently increased.

Currently, the majority of its gold reserves have been located in the United States and European countries.

The U.S. and Europe have always suppressed the rising price of gold.

They intend to weaken gold's function as an international reserve currency.

They don't want to see other countries turning to gold reserves instead of the U.S. dollar or euro.

Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency.

China's increased gold reserves will thus act as a model and lead other countries toward reserving more gold.

Large gold reserves are also beneficial in promoting the internationalization of the renminbi."

I think the Chinese pretty much nailed it here in a few simpel sentences cause that's exactly what is going on .... and more!

[Letsbereal]

S&P Futures Down 9, As Gold Kneejerks Over $1890
4 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/sp-futures-down-9-gold-kneejerks-over-1890

Excerpt:

Nothing surprising in the premarket action with ES open for trading despite Labor Day, down about 9 points at its worst, following weekend concerns of yet another European apocalypse.

Elsewhere, gold is enjoying the fact that the only bearish downside is potentially a technically overbought formation and is surging right off the bat passing $1890 on the kneejerk then reconfirming slowly.

As a reminder, a nervous Japan arrives on the scene in 2 hours, followed by an insolvent Europe, and no US-based HFT available to rescue the world tomorrow.

[Letsbereal]

Gerald Celente: Economy is going to get much worse - Vid http://www.youtube.com/watch?v=CoBNDdkcWQ8&feature=player_embedded

Uploaded by RTAmerica on 3 Sep 2011

A recent report reveals that the US created zero new jobs last month.

The last time this happened was in 1945.

The unemployment rate is still at 9.1% and projected numbers for the next year show the average unemployment rate at about 9%.

With these numbers, many Americans question if President Obama's jobs creation plan, due to be unveiled next week, will have any effect on the economy.

Gerald Celente, director at Trends Research Institute, helps us peer into the future.

[ekimdrachir]

AHAHAHAHAAA

Gold hit 1900 thismorning and if you look at the graph, since NY opened its been stuck in Correction Mode! Talk about market manipulation.

[Letsbereal]

GOLD REACHED OL ALL TIME HIGH OF $1,913.50 oz on August. 23 http://charts.kitco.com/KitcoCharts/

http://www.goldprice.org/spot-gold.html

I Love Gold! http://www.youtube.com/watch?v=sr0gNJ090JA

[CheneysWorstNightmare]

WOW, LBR! 

[Letsbereal]

GOLD NEW ALL TIME HIGH AT $1,919.50 oz http://www.goldprice.org/spot-gold.html

http://charts.kitco.com/KitcoCharts/

“Heeee everybotty!!! I am from Holland. Isn’t that weird!!?” ROFL! http://www.youtube.com/watch?v=SwB0ZJbwmpw

[Letsbereal]

GOLD NEW ALL TIME HIGH AT $1,920.05 oz http://charts.kitco.com/KitcoCharts/

http://www.goldprice.org/spot-gold.html

Youri Carma’s Clip _- ANCIENT GOLD -_ http://www.youtube.com/watch?v=dyF0DuSococ

[Letsbereal]

GOLD NEW ALL TIME HIGH AT $1,920.50 oz http://www.goldprice.org/spot-gold.html

http://charts.kitco.com/KitcoCharts/

Bring The Gold! http://www.youtube.com/watch?v=_qO66Rmi1Mw

[ekimdrachir]

hahahahaaa

[ekimdrachir]

Gold has dropped again, just to under 1850, but its a laugh because the page of this thread I have bookmarked was saying "$1400 all time high!!"

[CheneysWorstNightmare]

Gold has dropped again, just to under 1850, but its a laugh because the page of this thread I have bookmarked was saying "$1400 all time high!!"

C'mon dog.  Get real time.  Gold is at 1875 right now.

 

[TahoeBlue]

C'mon dog.  Get real time.  Gold is at 1875 right now. 

now it's 1846 - Hong Kong...
http://www.kitco.com/charts/livegold.html

[CheneysWorstNightmare]

now it's 1846 - Hong Kong...
http://www.kitco.com/charts/livegold.html

Yup.  Gold was taken down again by TPTB.

They are so scared.

Plus they are gonna manipulate to get as much as they can before the SHTF.

[zdux0012]

If you could get rich off gold or have a stable economy, would anyone here choose personal wealth?

[CheneysWorstNightmare]

If you could get rich off gold or have a stable economy, would anyone here choose personal wealth?

I would take a stable economy.

Then I could open up a taco business, like I always wanted to.

But I doubt either of the two will happen very soon.

[Jacob Law]

http://www.gata.org/node/10381

So is the suppression really Americans suppressing Gold for the dollar or is it deeper than that, sounds more like a plot to buy up all the gold with US dollars that are worth only the good faith of the Federal Reserve while all the time China economically and systematically buy all the Gold we have for a price much lower than its value.

Not so complex except for keeping the Americans so distracted they never see it coming until it is to late.\

China knows about gold price suppression, and U.S. knows China knows

So if this true why continue to suppress gold unless you are in on it with China, sounds like treason to me.

[Letsbereal]

KWN Weekly Metals Wrap
3 September 2011, by Eric King (King World News)
Download MP3 From Site: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/9/3_KWN_Weekly_Metals_Wrap.html

[Letsbereal]

Never miss Rickards:

Jim Rickards on King World News – Audio
3 September 2011, by Eric King (King World News)
Download MP3 From Site: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/9/3_Jim_Rickards.html

[TahoeBlue]

One game that seems to being played is gold is being  bought up asia/europe time - then dumped prior to and at NY open - the dumped gold dollars are then used to buy / pump the DOW S&P indexes. 

[Jacob Law]

One game that seems to being played is gold is being  bought up asia/europe time - then dumped prior to and at NY open - the dumped gold dollars are then used to buy / pump the DOW S&P indexes. 

nice trick, if someone step in front of them if would really hurt.

[Letsbereal]

UPDATE 1-Libyan convoy with gold, cash crossed to Niger-NTC
6 September 2011, Benghazi, Libya (Reuters)
http://af.reuters.com/article/libyaNews/idAFLDE7850BQ20110906

Loyalists of ousted Libyan leader Muammar Gaddafi crossed into Niger late on Monday in a convoy of vehicles, carrying gold and cash, officials from Libya's interim ruling National Transitional Council (NTC) said on Tuesday.

"Late last night, 10 vehicles carrying gold, euros and dollars crossed from Jufra into Niger with the help of Tuaregs from the Niger tribe," Fathis Baja, head of the NTC committee for political and international affairs, told Reuters.

Tuaregs are nomadic people who live on both sides of the frontier.

NTC spokesman Abdel Hafiz Ghoga confirmed the convoy had crossed into Niger and said it was carrying money taken from a branch of the Central Bank of Libya in Gaddafi's birthplace Sirte, one of the few towns still in his supporters' hands.

"They took the money from the central bank in Sirte," Ghoga, said.

French and Niger military sources have told Reuters a convoy of scores of Libyan army vehicles crossed into Niger late on Monday.

The NTC officials could not comment on those reports, and it was not immediately clear whether they were referring to the same convoy or describing a separate incident.

The whereabouts of the 69-year-old Gaddafi remain a mystery. He has broadcast defiance since being forced into hiding two weeks ago, and has vowed to die fighting on Libyan soil.

[Letsbereal]

Andrew Maguire - LBMA Shorts Will be Forced to Take Losses
6 September 2011, by Eric King (King World News)
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/6_Andrew_Maguire_-_LBMA_Shorts_Will_be_Forced_to_Take_Losses.html

Excerpt:

With gold trading near the $1,900 level and silver above $42, today King World News interviewed London Whistleblower Andrew Maguire.

When asked about key developments in China regarding the Pan Asia Exchange Maguire stated:

“Silver and this 11 kilo gold contract, international rolling spot contract, are the game-changers.  

This is not going to be welcomed by the naked short LBMA bullion banks.  

These are competing contracts, but the difference is they are 100% backed by physical metal.  

That means that this metal will have to be purchased one to one as these contracts open, and not just listed as a paper entry (as the LBMA does in many cases).”

----

“As soon as these pension funds know that they can have their ten tons of gold physically backed, based on the fact that they get receipts detailing bar numbers and it costs them nothing to do this other than to move their account, many will make that move.

In the previous example, they (LBMA bullion banks) would be forced to buy at today’s prices at around $1,900, forcing the banks to crystallize a $200 loss on the previous ten tons of gold, which was a ledger entry at $1,700.  

Simultaneously, the Pan Asia Exchange will actually be purchasing this ten tons of gold that the LBMA bank never did, forcing the price higher and creating more derivative stress on the LBMA system as this accelerates.  

This obviously has the effect of exposing the bullion banks to massive derivative losses and risk exposure.

It’s going to force true price discovery for gold and no one knows what that is.  

When you actually crystallize all of this paper derivative gold into physical metal, no one knows what the price will be.

So participants will shortly be able to go buy gold on the Pan Asia Exchange, knowing it is backed 100% by physical metal.  

Although gold can be purchased in any currency, this is China’s way of bringing the RMB into the international market over time as a reserve currency.  

It enables participants to buy gold in RMB, giving them exposure to gold and silver, one to one backed.  

This is a true way to diversify out of dollars.”

[ekimdrachir]

Gold Miners Are Signaling Caution For The Gold Bull

By Robert Sinn September 07, 2011: 10:52 AM ET

(The Stock Sage) -- I have been bullish on gold for nearly a decade and continue to believe we will see $2,000/ounce and eventually even $3,000/ounce. However, there are some warning signs popping up over the last 24 hours which give me pause in the short term. Yesterday I counted at least six talking heads on CNBC proclaiming that gold was one of their only long positions other than cash. Whenever there is such overwhelming consensus among the punditry it is time to rethink things and question whether the 'group think' may be getting a bit overdone.

The main cause for concern lies in the charts, take a look at the Gold Miner's ETF $GDX on two different time frames, daily and weekly:

The gold miners have always demonstrated themselves to be a powerful leading indicator of gold itself. Right now they are signaling for gold bulls to be cautious. Gold ($GC_F, $GLD) has repeatedly rejected the 1900 level and looks headed down to trend line support around 1770, below that gold may be headed to retest the 1700 level which held brilliantly two weeks ago.

http://money.cnn.com/news/newsfeeds/articles/stocktwits/robertsinn_3381.html

COMMENT

Not one fundamental economic indicator is signaling gold is over priced.Gold is REAL.All the rest of of the stock markets are runnin on empty and wishful willful greed and fantasy.Hold your gold.Buy more on the dips if you are able.A year or two from now you will be glad you did.

[Letsbereal]

Peter Schiff - “The Whole World is Desperate to Buy Gold”
8 September 2011, by Eric King (King World News)
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/8_Peter_Schiff_-_The_Whole_World_is_Desperate_to_Buy_Gold.html

Excerpt:

“Well, how are you going to see a big drop in the price of gold when everybody wants to buy it? 

The whole world is desperate for gold because governments are printing too much money, interest rates are too low, the only safe haven is gold. 

As more and more people figure this out, they want to buy it.”

“The good thing for gold is that most people don’t own any yet. 

Right now there are very few people who own it relative to all of the people who are going to own it eventually. 

The problem is the longer people wait to buy it, the more expensive it’s going to be.”

[Letsbereal]

It was actually Jim Rickards who first ventilated this idea:
3 September 2011, by Eric King (King World News)
Download MP3 From Site: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/9/3_Jim_Rickards.html

Transcript:

The way the FED could save the debt problem once and for all would be to conduct open market operations in gold.

I actually call it the Gold Open Market Zero rate Operation. or GONZO for short.

What the FED will be doing in that siatuation, holding nominal rates at zero were they are now, going into the market and pegging the price of gold at say $5,000 and  keep it there by basicaly being a buyer at $4,995 and seller at $5,050 and just maintain the price at $5,000.

All other commodities would instantaneously have to correct. Suddenly you see $300 oil, $100 silver.

Everything would move up and it would be sort of hyperinflation but it will be instantaneously hyperinflation.

Then you could put a lid on it by saying OK we did the spike, we went from $2,000 to $5,000 everything else adjusted but now we gonna lock it in there using open market operations.

And what that does of course is it cuts the value of the debt by more than half not just the government debt but all of a sudden your home mortgage and your car loan, your creditcard, you'll be paying it back with cheaper and cheaper dollars.

The big loser in that, of course, will be China cause they have so much of our debt.

I don't predict that, in terms of what the FED is going to do in the short run. I do state that's we're we going to end up because it is the only solution. Your dollars are worth less, your fixed income, your pensions are worth less

btw I am not advocating us there, going, there perfectly clear I don't think it's a good solution.


Goldman Head Gold Trader Speculates About "Authority" Intervention In Gold, Sees Precious Metal Pushing Higher
8 September 2011, byTyler Durden (Zero Hedge)
http://www.zerohedge.com/news/goldman-head-gold-trader-speculates-about-authority-intervention-gold-sees-gold-pushing-higher

Alex Jones mentioned this Zero Hedge Article on his 9 September show: http://www.youtube.com/watch?v=4dyzUhfbpXY#t=3m9s

[Letsbereal]

Gold just bounced off the $1,800 level http://www.goldprice.org/spot-gold.html

[Jordan]

Gold just bounced off the $1,800 level http://www.goldprice.org/spot-gold.html

I hope it goes lower.

[Letsbereal]

James Turk - Expect $2,000 Gold Within 45 Days
12 September 2011, by Eric King (King World News)
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/12_James_Turk_-_Expect_%242%2C000_Gold_Within_45_Days.html

[Letsbereal]

Jim Rickards – Gold Rise to Continue on Fed Manipulation
11 September 2011, by Eric King (King World News)
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/11_Jim_Rickards_-_Gold_Rise_to_Continue_on_Fed_Manipulation.html

[Letsbereal]

Bob Chapman - The Financial Survival 12 Sept 2011 http://www.youtube.com/watch?v=kvCT5-azp7g

[Letsbereal]

WoW what a fight in Gold today! http://www.goldprice.org/spot-gold.html

Knocked down several times but climbing back all the time to the $1,830 levels.

Climbed back 4X today allready and right now bussy for a 5X.

[ekimdrachir]

The webbots have predicted that this fall we will have an increase in the price of Gold and Silver that baffles the mind. It uses the descriptor of vomiting, as in everyone will be vomiting when this happens. If Gold goes to $2000, and then higher, people just may do that. Why wait to buy more?

" A part of the [ill look] that the Markets entity is showing comes from the [look (of) illness (pallor/shallow breathing)] that is forecast to be prevalent within those people [working (in the) markets system]. The [looking like they will vomit] language within the Markets entity is internally cross linked back over to the [gold/silver] sub set wherein we note a very key set of detail subsets that include [great (profits) come (from) small investment)].

"...the data sets are forecasting a very large increase in language around the idea of a [return to a gold standard]. The language is forecast to be so [blanketing] that it will be showing up in oblique references to a [gold standard] as the [penultimate] in many other areas not associated with [markets]. The idea is that the language will be ['speaking'] to a deep manifestation of [emotional change] within the [planetary human populace]. This [emotional change] is forecast to be [planetary], [deeply personal], and [intensely perceived]. This [emotional change] is described as being toward a [fracturing (of emotional loyalty)] to [paper (digital) currency].

The new [gold standard] language is suggested by the data to be a temporal marker for the ['greatest wealth transfer in history'] language. The [visibility] levels of the [wealth transfer] language begin to rise shortly before the September equinox { Friday, September 23, 2011 } and then continue rising into the November 'crashing peak' of building emotional tension language." - Cliff High, Shape Of Things To Come V11

[Letsbereal]

Australia's first bullion exchange set to open
13 September 2011, by Robb M. Stewart - Melbourne (MarketWatch)
http://www.marketwatch.com/story/australias-first-bullion-exchange-set-to-open-2011-09-13

Australia's first physical bullion exchange offering an over-the-counter spot market for gold, silver and platinum is set to launch early next month.

The Australian Bullion Exchange will make direct bullion ownership available to retail and institutional investors from Oct. 4, the new exchange said Wednesday in a statement.

Bullion will be bought and sold on the ABX through listed brokers.

Australia is the world's second-largest producer of gold after China.