[Daisyjane69]

More shenanigans?

Here's the link to the interview they mention. I have not had a chance to listen to it.

http://kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/4/7_Harvey_%26_Lenny_Organ_%26_Adrian_Douglas.html

[Daisyjane69]

http://kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/4/7_Harvey_%26_Lenny_Organ_%26_Adrian_Douglas.html

hope that link works. I’m going to listen to it now.

[screaming eagle2]

why doesn’t this surprise me?

[Waco]

Now all we need is for China or India or Japan or all 3 to revalue their money and convert to gold and silver. Might be a good move if Australia did it first.

[arthurus]

Fiat gold. As solid as the dollar.

[autumnraine]

This is exactly why I never understood those (Goldline) “Buy gold and we’ll store it for you!” deals. So sorry for not trusting you with my $1500 oz purchase.

[caver]

I’ve never understood why anyone buys gold.

[reagan4palin]

It is time for an independent audit of Fort Knox. Someone needs to go in there and do a random assay of a set percentage of the bars and determine if the tungsten story is true.

I suspect the resistance to such an audit would be monumental.

[Anti-Bubba182]

Watch out for fake Gold too. Even possession is not 100% certain.

Gld ETF Warning, Tungsten Filled Fake Gold Bars

[faucetman]

You mean PAPER Gold isn’t REAL?

[Jabba the Nutt]

Fraud. They are just doing what Central Bankers tell them to do all the time, practice fractional reserve banking. In progressive banking, this is SOP.

[jiggyboy]

goldbug ping

Mail me to get on or off the Free Republic Goldbug Ping list.

FWIW, here are a few gold related links from yesterday:

Byron Wien, April 7 before market open (video)
http://www.cnbc.com/id/15840232?video=1462434032&play=1

Fast Money: Gold to $1163? / or $70 more (than $1140)?
http://www.cnbc.com/id/36221326

Bob Hoyee: Initial resistance at $1182 (lots of charts)
http://www.321gold.com/editorials/hoye/hoye040710.pdf

Citigroup Report Sees Imminent Gold Price Spike (to $1135-$1145, April 2, they were spot-on this time, let’s keep an eye open for their reports)
http://www.gold-speculator.com/daily-wealth/25982-citigroup-report-sees-imminent-gold-price-spike.html

Gold looks like it’s holding $1145 pretty well but silver is struggling at $18 as usual for every even-dollar milestone.

[count-your-change]

Yes, and I heard that Lincoln had been shot! Really, Canada has been selling off its gold reserves for the past dozen years. It’s hardly s secret or something done overnight.

[jiggyboy]

A rebuttal to the Scotia Mocatta empty-vault story — “Hour 1” of April 10, it’s an audio file, FF to about 1:01:00 for an interview with Nick Barisheff, President & CEO, Bullion Management Group.

Re empty vaults at SM: “I find that totally incredible... I’ve been in the vaults more than a dozen times... we have about $300M in bullion in the vault... at the least annually, we go in with our auditors... they check all the serial numbers and all the bars...” You get the idea.

http://www.financialsense.com/fsn/main.php contents
http://www.netcastdaily.com/broadcast/fsn2010-0410-1.asx audio

FWIW at 10:30-16:00, Steven Hochberg, Chief Market Analyst, Elliott Wave International, also talks about gold:
- they “love gold longer term”
- gold is forming a “rolling top” now
- but EW predicts gold drops to $680 or less (which IMO is right out) before new highs

[phockthis]

save