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To: dennisw
The biggest buyers today are central banks of places such as China, Brazil, Russia and some others. Also the Indian and Chinese people are large buyers in the form of jewelry (India) or coins/bullion (China) <<

You think???...lol...they must think its real money....(I steal alil bit of it every time they try to convince us...like last week)

I rest my case Your Honor...

15 posted on 03/16/2013 8:23:11 PM PDT by M-cubed
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To: M-cubed; blam; Travis McGee

Real money? Now you get it!!! (but you got it before) Even better!!>>>>>> It is widely speculated that the traditional central banks that we know and grew up with. Those in USA UK and Europe that a lot of their AU is irreparably leased out for JPMorgan etc to use to jam the AU price downward as best they can. And that this Fed Reserve etc gold could never be taken back in a timely fashion. Evidence being how long it is taking Germany to get its gold back...will take 7 years and it is stored in the sub sub sub basement of the NY Federal Reserve Bank. Same gold store that was attempted to be robbed in the Bruce Willis movie. Comex is also dealing in paper gold as is the largest gold ETF called GLD. Comex also screws with silver this way

So real physical gold at $1600 is slowly migrating from the central banks of the West to the Central banks of the East. West being USA/UK/Europe and East being Russia/China/Brazil/ Iran?/SKorea/India and others who see 0bama’s Kenyan style fiat money becoming as useless as Mugabe’s Zimbabwe currency.


16 posted on 03/16/2013 9:31:58 PM PDT by dennisw (too much of a good thing is a bad thing --- Joe Pine)
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