Gold......safe or sorry?

[wattie]

Desperate times require desperate measure, India has just banned all Gold Coin imports!!!!

It won't work.....there will now be a HUGE black market for it as it's forced underground....Gold is an Indian tradition.....bit like the Uk banning beer and fish and chips.

http://www.zerohedge.com/node/477636

Cheers Wattie

Ps this could be very bullish for Silver.......

[wattie]

Gold and Silver up massively since their lows....$1179 and circa $18.

http://goldprice.org/

http://silverprice.org/

Shorts in huge trouble, gofo's at historic highs....delivery problems everywhere on physical.......probable default at some stage on delivery on COMEX/LBMA....mainstream media ain't gonna tell you this!

These will rocket as American bonds/stocks get dumped.....the Ponzi is in BIG trouble!!!

http://www.zerohedge.com/news/2013-08-16/no-joy-hilsenratville-stocks-have-worst-week-2013-bonds-massacred-precious-metals-so

I've never seen such a F***** situation in over 25 years in finance.

Cheers Wattie

[wattie]

Physical supply issues continue.....lack of trust.

http://www.zerohedge.com/news/2013-08-19/gold-lending-rates-drop-further-supply-concerns

Cheers wattie

[wattie]

Have you lot been visiting your local branch of "We Buy Any Gold"?

http://economictimes.indiatimes.com/news/international-business/gold-flows-from-britain-to-switzerland-surge-in-h1-macquarie/articleshow/21920856.cms

Cheers Wattie

[wattie]

[quote="wattie"]
http://www.zerohedge.com/news/2013-07-06/jp-morgan-vault-gold-drops-new-record-low-brinks-gold-plunges-24-one-day?page=2

It keeps disappearing........

http://www.telegraph.co.uk/finance/personalfinance/comment/10163015/The-smart-money-is-quietly-buying-more-gold.html


cheers Wattie
ps Sterling dropped below $1.50 last week and is expected to lose another 10% plus of it's value over the next few months....................
[/quote]

JP Morgan in trouble again with Physical delivery.....2nd time they've done this!!!!
http://www.zerohedge.com/news/2013-08-23/hello-scotia-mocatta-its-jpmorgan-yes-again-we-need-more-gold

Gold and silver continue the run.....yields up, Ponzi unravelling!!!

Ask yourself, when the did the Good old US of A last deal with a crisis in a satisfactory manner........

Cheers Wattie

[wattie]

[quote="wattie"]
Gold and Silver up massively since their lows....$1179 and circa $18.

http://goldprice.org/

http://silverprice.org/

Shorts in huge trouble, gofo's at historic highs....delivery problems everywhere on physical.......probable default at some stage on delivery on COMEX/LBMA....mainstream media ain't gonna tell you this!

These will rocket as American bonds/stocks get dumped.....the Ponzi is in BIG trouble!!!

http://www.zerohedge.com/news/2013-08-16/no-joy-hilsenratville-stocks-have-worst-week-2013-bonds-massacred-precious-metals-so

I've never seen such a F***** situation in over 25 years in finance.

Cheers Wattie
[/quote]

since June 28th – silver has added a staggering 38%. It hasn't moved this fast month-on-month since September last year. Gold is a relative laggard, but it has still put on 20% from the end-June low of $1182.

Huge physical demand for safety.

Europe is deteriorating....behind the scenes,
India's currency down 30%,
http://www.zerohedge.com/news/2013-08-28/indian-rupee-collapses-most-over-20-years

Dow jones and s&p off highs at the mere Mention of "Taper".
Asian markets tanking.

So what's around the corner.

Syrian war seems on the cards.......you can tell they want it.......evidence...what evidence??

US debt ceiling shenanigans to come.

Cheers Wattie

[wattie]

[quote="wattie"]
Goldman manipulating again.......no shock there then!

http://www.ibtimes.co.uk/articles/493839/20130723/aluminium-storage-goldman-sachs-glencore-xstrata-ctfc.htm

cheers Wattie
[/quote]

Yup, they've  done it again.....sell sell sell while we buy buy buy!

Nothing illegal to see here, move along.

http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2

This has happened time and time again, Wall street is TOTALLY CORRUPT and so are those that claim to regulate it.

Cheers Wattie

[JK]

Gold is the best currency in the world, will always go up in value. Shame Gordan Brown sold lots of UK's gold reserves when price for gold was low......he was just terrible.

[wattie]

http://www.zerohedge.com/news/2013-09-03/gold-surges-over-40-comex-shorts-collapse-7-month-low

Silver top performer in August.

Cheers Wattie

[wattie]

[quote="wattie"]
[quote="wattie"]
http://www.zerohedge.com/news/2013-07-06/jp-morgan-vault-gold-drops-new-record-low-brinks-gold-plunges-24-one-day?page=2

It keeps disappearing........

http://www.telegraph.co.uk/finance/personalfinance/comment/10163015/The-smart-money-is-quietly-buying-more-gold.html


cheers Wattie
ps Sterling dropped below $1.50 last week and is expected to lose another 10% plus of it's value over the next few months....................
[/quote]

JP Morgan in trouble again with Physical delivery.....2nd time they've done this!!!!
http://www.zerohedge.com/news/2013-08-23/hello-scotia-mocatta-its-jpmorgan-yes-again-we-need-more-gold

Gold and silver continue the run.....yields up, Ponzi unravelling!!!

Ask yourself, when the did the Good old US of A last deal with a crisis in a satisfactory manner........

Cheers Wattie
[/quote]

Jpm......
http://www.zerohedge.com/news/2013-09-08/jpmorgan-closes-precious-metals-sell-recommendation-goes-tactically-overweight-commo

Cheers Wattie

[wattie]

Mainstream media would have you believe the financial crisis is over.

ribs have gonna again!!!!

http://www.zerohedge.com/news/2013-09-13/best-and-worst-performing-assets-lehman-are

Cheers Wattie

[wattie]

Worth a listen if you're interested.

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/14_Andrew_Maguire.html

Cheers Wattie

[wattie]

Gold up circa 5%......and markets at all time highs on the back of money from nowhere.

Yup, things are now soooooo bad that Mr Ben, chairman of the Fed cannot cut the money printing by a single dollar, cos the whole Ponzi will fall apart

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/18_There_Is_Now_A_Danger_That_All_Hell_Is_Going_To_Break_Loose.html

Followers of this thread will understand why! this is dangerous, false and frankly completely f*****. Money printing confirms how bad things are.......and now it's seen as good?????

Growth, there is none. Jobs manipulated, false accounting, debt ceiling going up.

What a complete farce. When this blows it's gonna be so bad you cannot comprehend it.

Still trust the central bankers and their bits of paper?????

Cheers Wattie

[wattie]

Oh and if you ain't figured it out yet, Gold is manipulated lower to protect the dollar as the worlds reserve currency.

Trouble is, the Chinese And others can see the debt ceiling going up and up and up and up.....ad infinitum.

They can see the manipulated data.....

And the money printing out of thin air......now at trillions......

So, would they invest in bits of paper.... Ie $

Whose value will be inflated away.

Or buy something of real  INTERNATIONAL value........Gold.

5 years on from Lehman.....has all this money printing solved anything???

Where has 70% of the COMEX gold reserves gone this year........

Do you trust America, Wall street and it's politicians and bankers........

Cheers Wattie

[wattie]

[quote="wattie"]
Oh and if you ain't figured it out yet, Gold is manipulated lower to protect the dollar as the worlds reserve currency.

Trouble is, the Chinese And others can see the debt ceiling going up and up and up and up.....ad infinitum.

They can see the manipulated data.....

And the money printing out of thin air......now at trillions......

So, would they invest in bits of paper.... Ie $

Whose value will be inflated away.

Or buy something of real  INTERNATIONAL value........Gold.

5 years on from Lehman.....has all this money printing solved anything???

Where has 70% of the COMEX gold reserves gone this year........

Do you trust America, Wall street and it's politicians and bankers........

Cheers Wattie
[/quote]

Going, going.........

http://www.silverdoctors.com/comex-gold-inventories-plunge-to-new-low/

Cheers Wattie