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citizenx
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« Reply #41 on: May 11, 2010, 08:40:04 PM » |
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wow
either way that is alot of fiat money to buy up some serious precious metals....
There is 6.2 trillion dollars woth of gold in the world. 5.175 billion ounces at 1200$ (its recent high), so that was enough to buy up over half the gold in the world. If its not in Israel, its in Swiss vaults under Israel's name (or number). BTW, Zakheim was also CEO of the company that made the remote control technology for the jets before 911. "Dick-in-the-bunker" may have been the OIC, but Zakheim looks like he was the tactician that masterminded (not necessarily 'ordered') the plot. |
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citizenx
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« Reply #43 on: May 11, 2010, 10:21:09 PM » |
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Zero, I'm guessing.
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citizenx
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« Reply #44 on: May 11, 2010, 10:50:44 PM » |
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Here are some fun facts:
Supposedly there are 4,603 tons (4,176 metric tonnes) or 147.4 million troy oz.'s in the U.S. gold depository (right!).
Supposedly there are 5,000 metric tonnes in the Manhattan Depository of the FED (yeah, right!)
Now the money supply (M3) is approx. 80 % of GDP, which in 2009 was approx. 14,256.3 billion USD (yeah, right!) -- that's 14.2563 trillion USD
At the current price of gold, 1234$/troy oz., there would be 217,782,000,000 or 217.782 bilion or .217 trillion USD in the FED's reserves.
So, its gold could only back up 1.5X10^-4% of the money supply if the U.S. were on the gold standard today.
Why do they have any gold at all? Well, at first it was a money maker. When the FED was first formed, its inflationary policies greatly increased the value of its significant gold holdings at the time. Remember it is a private (for profit) consortium of banks! Nowadays, gold is a relatively minor player for the bank, probably a "hedge" against inflation (assuming it really has any gold at all).
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Overcast
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« Reply #45 on: May 12, 2010, 08:48:24 AM » |
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Didn't a "J.P. Morgan Whistle Blower" say that "Gold and Silver is sold 100 to 1", and he said, "Gold and Silver is just a bubble waiting to happen"?
What if they are "manipulating Gold and Silver the Gold and Silver Market Bubble bursts too"?
I can't help but to think the Gold market is being manipulated big time. It's likely another 'pump and dump' of some sort. |
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It is when a people forget God, that tyrants forge their chains. ~ Patrick Henry
Our founding fathers, if they met the current politicians in office; would either kick their asses good or just shoot them dead. ~Me
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Matt Hatter
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« Reply #46 on: May 12, 2010, 09:18:48 AM » |
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I can't help but to think the Gold market is being manipulated big time. It's likely another 'pump and dump' of some sort.
You serious? Have you spent any time actually looking into the fraud and manipulation of the gold/silver markets. It is no Pump n Dump. The prices are being held down big time with, gold swaps, paper certificates on the commex and london markets, etf's, derivitives, tungsten fake bars, Empty storage vaults of unaccounted gold across the planet and I could go on and on. As alex jones says, its like a beach ball being held under water. And if you think gold is expensive now you ain't seen nothing yet. |
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Overcast
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« Reply #47 on: May 12, 2010, 09:36:01 AM » |
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You serious? Have you spent any time actually looking into the fraud and manipulation of the gold/silver markets. It is no Pump n Dump. The prices are being held down big time with, gold swaps, paper certificates on the commex and london markets, etf's, derivitives, tungsten fake bars, Empty storage vaults of unaccounted gold across the planet and I could go on and on. As alex jones says, its like a beach ball being held under water. And if you think gold is expensive now you ain't seen nothing yet.
You may be right, I'm not claiming to have any special information - it's just that the amount of hype surrounding it... makes me cynical. |
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It is when a people forget God, that tyrants forge their chains. ~ Patrick Henry
Our founding fathers, if they met the current politicians in office; would either kick their asses good or just shoot them dead. ~Me
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Matt Hatter
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« Reply #48 on: May 12, 2010, 10:35:08 AM » |
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Well as currencies collapse people will turn to hard assets. Most of the major investment companies still think gold is a bad investment and would rather direct you to mutal fund x or stock y. There is some hype building, but until you start to seeing Gold on the front pages of news papers and magazines telling th public to buy it all up before it's gone (LIKE WHAT HAPPENED IN REAL ESTATE) then i would start to suggest that gold may be approacing it's bubble status. I wont sell my assets until gold silver hits it's 15/1 ratio or the gold silver supression scheemes are exposed and gold/silver reaches it's free market value.
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DaInfoMan
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« Reply #49 on: May 12, 2010, 11:21:14 AM » |
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For those of you that believe gold is a buble here's a great perspective that Jim Rogers gave on CNBC about a year ago http://www.youtube.com/watch?v=4HkbS4aDCU0 starts at 10:00 mark Jim - A bubble is when everybody, everybody it & that's all people are talking about Ditzy Host- A lot of people are feeling that way about gold right now Jim - Well, l I spoke in Praug last week, 300 people in the room, big big money managers, & we did a little survey, we had those buttons you press, "how many of you have ever owned gold?" & 76% have never owned gold Ditzy Host- I believe it, I believe it Jim - So, when you say it's a bubble Ditzy Host - Yea, your right, That's a good point Jim - Nobody owns gold yet, much less soybeans, much less pork bellies |
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H0llyw00d
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« Reply #50 on: May 12, 2010, 11:23:49 AM » |
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How many ounces are in Fort Knox   Nobody knows, they won't let us Audit that either...my guess is the same as below quote Zero, I'm guessing.
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Matt Hatter
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« Reply #51 on: May 12, 2010, 11:50:17 AM » |
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For those of you that believe gold is a buble here's a great perspective that Jim Rogers gave on CNBC about a year ago http://www.youtube.com/watch?v=4HkbS4aDCU0 starts at 10:00 mark Jim - A bubble is when everybody, everybody it & that's all people are talking about Ditzy Host- A lot of people are feeling that way about gold right now Jim - Well, l I spoke in Praug last week, 300 people in the room, big big money managers, & we did a little survey, we had those buttons you press, "how many of you have ever owned gold?" & 76% have never owned gold Ditzy Host- I believe it, I believe it Jim - So, when you say it's a bubble Ditzy Host - Yea, your right, That's a good point Jim - Nobody owns gold yet, much less soybeans, much less pork bellies 100% agree. As I think it was bob chapman said a week or so back, 80% of major investment insutions are still bearish on gold and have been for over 10 years while is has quadroupled. Slowly they will start to turn around..as the Rich Dad Poor Dad guys says(Who bought silver at $4 a ounce) When the Herd comes rushing in, they will get slaughtered. Ie when the public have a feeding frenzy over gold and silver like they did with real estate, and we start having entire magazines out dedicated to gold and silver investing, the people that bought decades ago will dump their gold/silver at the top of the bubble and buy up all the cheap real estate that has bottomed(we are far from seeing the bottom). In 40-60 years we could witness the next real estate bubble, but its a long long ways away. |
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DaInfoMan
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« Reply #52 on: May 12, 2010, 12:17:52 PM » |
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100% agree. As I think it was bob chapman said a week or so back, 80% of major investment insutions are still bearish on gold and have been for over 10 years while is has quadroupled. Slowly they will start to turn around..as the Rich Dad Poor Dad guys says(Who bought silver at $4 a ounce) When the Herd comes rushing in, they will get slaughtered. Ie when the public have a feeding frenzy over gold and silver like they did with real estate, and we start having entire magazines out dedicated to gold and silver investing, the people that bought decades ago will dump their gold/silver at the top of the bubble and buy up all the cheap real estate that has bottomed(we are far from seeing the bottom). In 40-60 years we could witness the next real estate bubble, but its a long long ways away.
[/quote]
If you haven't watched the whole video you should! I love how he was trying to talk the Ditz into being a farmer & as usual he had give a shout out to da "FED"!
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Matt Hatter
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« Reply #53 on: May 12, 2010, 12:22:02 PM » |
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If you haven't watched the whole video you should! I love how he was trying to talk the Ditz into being a farmer & as usual he had give a shout out to da "FED"!
Which video? Acutally If you were listening to the AJ show just now they had the bill murphy from gata on and it was him not bob chapman that said "97% of major instutional investors believe gold is going to go down" what does that mean? Gold is going up lol. |
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Overcast
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« Reply #54 on: May 12, 2010, 02:19:03 PM » |
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How many ounces are in Fort Knox Depends if that's ounces of Gold or Ounces of Bullcrap...  |
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It is when a people forget God, that tyrants forge their chains. ~ Patrick Henry
Our founding fathers, if they met the current politicians in office; would either kick their asses good or just shoot them dead. ~Me
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clint giles
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« Reply #55 on: May 12, 2010, 04:40:53 PM » |
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I can't help but to think the Gold market is being manipulated big time. It's likely another 'pump and dump' of some sort.
no way bottom line is gold and silver has been the worlds currency for the past 5000 years.. gold and silver will always set its own standards of what their worth.. |
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DaInfoMan
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« Reply #56 on: May 12, 2010, 05:30:54 PM » |
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Which video?
Acutally If you were listening to the AJ show just now they had the bill murphy from gata on and it was him not bob chapman that said "97% of major instutional investors believe gold is going to go down" what does that mean? Gold is going up lol.
http://www.youtube.com/watch?v=4HkbS4aDCU0no way
bottom line is
gold and silver has been the worlds currency for the past 5000 years..
gold and silver will always set its own standards of what their worth..
You could see a drop in price & maybe some idiots will dump their gold, but I guarantee the real gold markets will be run dry if they don't raise prices. Remember people no one is suggesting to invest in gold short term (that's only for idiots watching tv & inside traders!) I remember when gold first hit 1000 there were propaganda pieces on the local news telling people to sell their gold because the "bubble" was about to pop. |
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citizenx
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« Reply #57 on: May 12, 2010, 05:34:02 PM » |
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Gold is ridiculously undervalued and paper money, and other "paper" wealth is almost a complete fiction at this point. Everybody is playing liars' poker, and everyone is afraid to call, because they are all lying.
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nycflag
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« Reply #58 on: May 12, 2010, 07:15:53 PM » |
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Screw gold, silver is where it is at. I sold all of my gold this year and backed up the truck on silver. Silver is undervalued even if it hits $50.00 an oz. I agree gold will keep going up but when it hits a number that is out of reach to the average person, they will all rush into silver.
Fools rush in, and the smart money sees this rush in. It is just a matter of time before we see the masses rush into gold...but thats when the water pulls out right before the tsunami for silver.
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Matt Hatter
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« Reply #59 on: May 12, 2010, 10:15:16 PM » |
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Screw gold, silver is where it is at. I sold all of my gold this year and backed up the truck on silver. Silver is undervalued even if it hits $50.00 an oz. I agree gold will keep going up but when it hits a number that is out of reach to the average person, they will all rush into silver.
Fools rush in, and the smart money sees this rush in. It is just a matter of time before we see the masses rush into gold...but thats when the water pulls out right before the tsunami for silver.
Totally agree. I am telling all of you do research into the Gold Silver Ratio. When the metals at their bottoms the ratio is HIGH. When the Bubble is about to pop the ratio is LOW. IE. Sept 2008 Financial crash Gold is $780 a ounce and silver was just about $8 a ounce the ratio was 91:1 (Silver to Gold) Today Gold is $1250 and Silver is $19.50 about 61:1 and it will continue to get smaller over time. That means we have a long way to go. The ratio will hit 15:1 eventually and that will most likely mark the top. In 1981 Gold $850 and Silver $50 thats the 15:1 ratio right there! This is a historic natural ratio based on the relative quantity of the metal that exists in the world and silver could be even more scarce due to the fact that it has shallower deposits on the earths surface (All the major silver has already been mined) and that silver is a much larger industrial use compared to gold meaning its already in computer chips, medical devices ect and the true natural ratio could be smaller 12:1 10:1 or 8:1 no one really knows but in the examples below i have used the 15:1 ratio that will eventually come when the metals are allowed to reach their natural levels. So Gold $2000 Silver should be $133 Gold $3000 Silver should be $200 Gold $5000 Silver should be $333 Gold $10,000 Silver $667 Gold is going to one of the above numbers and silver will be at it's respective price. Mark this post and mail me a thank you card in 3-10 years. Also look at into the dow:gold ratio where they will both return to 1:1 but thats another topic. |
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