Au @ 700......
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Au @ 700......
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Shirleypal
- Pirate
- Posts: 45448
- Joined: 03-06-2003 03:00 AM
Don't forget to mix in a little silver, NICKEL, copper, edible grains (no ETF's or contracts - take personal possession of these commodities), and vegetable seeds into your economic collapse portfolio. Remember, when the going gets tough, gold gets outlawed & confiscated. When you do buy gold or silver, buy small quantities at a time, pay cash, and buy from a local coin dealer who is not interested in knowing your name.
Geographic diversification is helpful too. There are entities like BullionVault from whom you can buy large quantities of gold which will then be stored in actual vaults in offshore locations. It's not for me, but then again I really have very little to lose.
Vegetables can be grown almost anywhere. With a little practice and some readily available equipment normally used by dope growers for indoor growing, even an apartment dweller can start a kooky little garden in the hallway, the spare room, or the back of the mini van. But get your supplies now before the rush.
Of course, this is MY OPINION, only.
Geographic diversification is helpful too. There are entities like BullionVault from whom you can buy large quantities of gold which will then be stored in actual vaults in offshore locations. It's not for me, but then again I really have very little to lose.
Vegetables can be grown almost anywhere. With a little practice and some readily available equipment normally used by dope growers for indoor growing, even an apartment dweller can start a kooky little garden in the hallway, the spare room, or the back of the mini van. But get your supplies now before the rush.
Of course, this is MY OPINION, only.
Last edited by SquidInk on 09-18-2007 12:02 PM, edited 1 time in total.
Like I said before... HE'S WATCHING YOU!
Only a terrorist would "hoard" an ounce of gold. If you're a good and proper peasant, you will offer no resistance when the "president" comes knocking on your door (or knocking down your door), to pry the crowns out of your teeth.
The construction of the term "hoarding," as used in section 5(b)(1) of TWEA, would depend on how the president chooses to exercise his authority with respect to hoarding in any particular instance.
Only a terrorist would "hoard" an ounce of gold. If you're a good and proper peasant, you will offer no resistance when the "president" comes knocking on your door (or knocking down your door), to pry the crowns out of your teeth.
Last edited by SquidInk on 10-15-2007 12:28 PM, edited 1 time in total.
Another incredibly unsafe situation... the dollar may actually be muerto! I wonder who is engineering all of this, and why...
LINK
LINK
This description provides clear evidence that the US Gold Reserve is in play. Gold has been removed from US Treasury vaults and placed on deposit, presumably in the couple of bullion banks the Treasury has selected to assist with its gold price capping efforts.
Gold placed on deposit gets loaned out by these bullion banks, and then sold into the spot market to try capping the gold price. The same thing happens with swaps, but the vague language in the note to the Treasury reports makes it uncertain whether they are in fact being used at the moment.
... new evidence provided in the US Treasury report as well as the rising gold price itself suggest to me that we are now witnessing the last scramble by the gold cartel to cap the gold price. It is a vain attempt by them, acting under the instructions of the US Treasury, to make the world think the dollar is worthy of being the world’s reserve currency when in fact everyone knows that it is not.