well the plan is simple. one world currency. never let the crisis go to a waste. dollar collapse is manufactured for a reason, the reason is to convince everybody that it is in their best interest to start a new world currency. new currency will be based on electronic signature (not on gold). gold will be relatively cheap. world central bank will control issue of that new currency. now you know it.
yeah , thanks , I do enjoy my coffee :) I had 4... 5 ... 9 cups today :) no sugar ! sugar is bad . I gave up sugar a year ago and lost 30 kg. !!! no exercise , no fancy - low fat diets , just gave up eating sugar and anything that contains more then 10% sugar ( and those I eat with moderation ) . simple and effective :) and it saves you money too :) So there is my little secret worth millions :) I give it to you all for free :) . I like your videos , thanks for sharing :)
We all see that the world is fucked. Going on about it won't stop it. There must be a peoples movement away from this morally, socially and economically bankrupt system before it is to late. We must see what the problems exist at our root and rebuild our society on a healthier foundation . There is such a movement. It is called the zeitgeist movement and is the communication arm of the Venus project. Get started by typing 'zeitgeist addendum' into google. 'Fear is your only god' RATM. Peace.
They also set the value or at least the direction of value of paper fiat currencies as well. At least gold is natural money that cannot be created out of thin air. Gold will always be the next popular choice for a store of value from citizens when bankers and gov't destroy the value of paper currency.
They're obviously selling in the hopes of getting some profit. Gold is just like any commodity you could also lose if the price goes down below what you bought it for.
I believe when the melt down of the fiat paper occurs you will be forced to render your gold for the new currency. Else you'll be deemed a hoarder and criminally charged and your gold confiscated.
Both are two sides of the same ass. The real gold and silver will be what it should be worth which is vastly more than it is now but also there needs to be a great effort to fix the paper or it will all burn.
I agree with your investment thesis - we have chatted on this before - my question - source on 8,000 tonnes net exported from U.S? You are the only person I have heard this from. As a Canadian, one of our dailies - Globe and Mail - cited U.S as the worlds largest bullion holder 8,000 tonnes. So obvious problem here - makes sense to me, given Wall street and MSN etc ignored golds rise from 2001 - 2008 and now we have central banks panic buying. So - hmmmmmm - look forward to hearing back.
Is the export of 8,000 tons of gold from the U.S. a rumor? I cant find any reference of this happening. Does anyone have a reference that shows the data (shipments from and to, times, amount) that 8,000 tons of gold have been exported from the U.S.?
I agree, they will devalue gold/silver. I believe they will do this to put a final blow to USA and wipe out the middle class and force us into what ever monetary system they decide on, or at least make us dependent on the government. My plan is to sell 1/7th of my silver holdings at every $100 mark to pay off debt and obtain supplies. Thinking it will max out at $600 leaving a portion of junk silver dimes for black market bartering before devaluation. Your thoughts?
it is hard to predict what kind of BS they will come up again
I'm 100 % positive that gold at times like that should be enough to pay off taxes expenses during inflation before new currency kicks in Gold as a major investment also good if you manage to sell out and reinvest
paying off debts with devalued dollars before they come up with some wicked law blocking it is also a good idea :)
when I hear people say that gold prices will be high forever I wonder are these same people who bought into overpriced real estate ? Nothing stays up forever , Nothing
get it through your dumb heads you must stay 1 step ahead of the crowd
You're right, nothing is high forever. To think that something will maintain a permanent UP is in fact ridiculous. The thing is, adjusted for inflation and REAL demand vs the oversupply of leasing and paper markets, the gold price is actually very low. Dr. Berninger is correct - this is the calm before the storm. So yes, nothing stays high, especially with market manipulation, but then again, I'd rather hold gold than paper. Just look at history - All fiat currencies fail. EVERY. SINGLE. ONE.
@SolarAlchemy I was not arguing that . Let me make it simple what I try to say : gold is very good at the time . probably very best real move is ahead, indeed
But if you hold gold through without selling out at the peak and reinvesting retirement real estate in USA where 80 million baby boomers
be retiring in next decade you will miss a huge move
The confiscation of gold is definitely a possibility with a new currency, mainly because it would be valued at appropriate levels (ie much higher than what it is now, especially considering if the world plans an international basket of reserve currencies and pricing oil in them once the dollar disappears). And as far as confiscation is concerned, telling me that the government will pay me shit for my bullion assumes that I plan on giving it up to them. Fat. Fucking. Chance.
even if you do not give it to them it will have so much less purchasing power and costs of living will be so high you will have to sell for penny on the dollar to pay for your living that is the plan
They will do everything in their power to stay in power, that much is true. However, an item of exchange (money) is only worth what people say it's worth in that transaction. Come a new currency in the United States, history will show you that gold maintains its purchasing power - period. Given a new currency in the context of the global market, you have to take into consideration what it would be valued once in reserve status. And I guarantee that's more than the paper being shoveled around.
why would gold appropriate when there will be new stable currency and new world order ? Main driving force in gold appreciation in dollar is that dollar is expected to collapse when new currency is out replacing old dollar do u expect it to be more inflationary than a dollar ? Or do you expect that currency to be more stable ?
Some of you people are so greedy and fearful that you can not see clearly
jberni wrote :First step will be confiscation by stating a currency gold value and seizing it. then they revalue the currency to gold ratio by factor 10. And the Currency is reset, while gold appreciates....
The US Gov is buying from the " Cash for Gold " people in every Mall and strip mall in the USA. Paying with printed dollars soon to be worthless. that is how confiscation is happening. You are living it.
Future contracts surpassing the capacity to ensure the delivery of gold might be the shift for this bull market. Yet we are not even close to that alleged point?
Ja. 5 Sterne für Berninger. Es bleibt spannend. DI W.Eichelburg hat es seit Jahren richtig gemacht. Den Geldhaltern Gold und Silber empfohlen. Dies ist auch jetzt noch das Richtige, meiner bescheidenen Meinung nach. Ob sich ein Goldverbot durchsetzen lässt, ist fraglich. Aber ein mögliches Szenario für Strukturen wie USA und EU mag es sein. Also: Silber.
youll see riots in the streets not because of gold either that will mean the countrys banks have failed and ill tell you if you have gold or not it will be crazy
So what about ETF's holding 'physical gold' , will they just wait for a correction and then pay people off at the lower rate? did you hear what deutsche bank did a few months ago!
I guess that explains that huge order for Ingersoll Rand drills that came in from the Reserve Bank of India... they got 200 metric tons to go through before the return date. :) :)
Coin collectors did not have their gold taken in the 1930's Coin collection is subsidized by Congress. Therefore become a collector and keep your stash.
I appreciate your thought, but you might be understood in a wrong way.
First step will be confiscation by stating a currency gold value and seizing it. then they revalue the currency to gold ratio by factor 10. And the Currency is reset, while gold appreciates....
'Confiscation' only made sense when the dollar itself was backed by gold. This is a much different environment..... However if they do go after the gold they will simply seize private vaults and ETFs. (incidentally there is a private vault in Las Vegas and the govt keeps asking them 'who owns the gold?' so they may be thinking of going for it....)
I understand where that belief is coming from, but I don't see it as possible anymore. First, very few American's own any significant amounts of physical gold in their personal possession. Secondly, any mention of confiscation would collapse the dollar globally overnight with black markets opening up even faster. Third, the logistics of forcing gold, and thereby wealth, confiscation upon the most armed populous in history is unimaginable. I think default is much more likely w/ new currency.
Those banks holding gold in New York ought to be taking delivery away from America if this 8000 tonne story is true.We the peoples outside America will be reminding our politicos to take possession.
Do you think the Rothschilds were aware of Gold seeding in 2004 so left the London market?
Don't listen to this guy, he is quoting a story about 8000 tons of gold being exported from the US - he has not provided any sources for this statement.
I follow the gold markets very carefully. This is a lie. 8000 tons would represent the entire US gold holdings.
"8000 tons would represent the entire US gold holdings."
Yes thats why we are talking about this. Well maybe a good part is from Germany, the only country in the world who is depositing there gold reserve in a foreign country.
Google "gold compound exports". I'm not sure what a gold compound is but the US exported ~5000 tons in 07-08. Technically, it could be the melted down coins from the 30s because the bars would only be 90% gold.
Ore is included in a separate entry in the USGS Mineral Industry Surveys to which I am referring. I realize this is pure speculation. I simply don't trust my gov't to tell me the truth about the quantity/ownership of the Fort Knox gold.
Google it dude - do some research of your own. I gave you the keywords - there are plenty of articles if you look. Its not a pipe dream either, your the one dreaming if you think the gold market will have any less fraud then all the other markets out there.
*sigh* I'm not going to get into this discussion. You want to believe that garbage that's up to you. If you can't provide a reference your word is worthless.
I've done plenty of research, including check out your google keywords and its all garbage.
There's no discussion to get into - Kirby cites and displays the u.s. customs documents showing exactly how much gold was shipped and its value. End of story.
Does Confiscation make sense anymore? When it happened before, much more people had it, because coins were actually made out of gold and silver back in the day. Now days less than 1% of Americans own any gold other than whats in the jewelry box.
Here's something odd... on a popular TV show last week... the plot involved robbery of gold coins... One of the main characters asked how much are they worth? And the answer was: Only about $400 unless you're one of those Internet people that believes the economy is collapsing...I'm paraphrasing...
Unless that show was made about 5 years ago, then that's utter lies. Anyone with a few braincells can at least follow the spot price and see that gold is valued much higher today. (Or any of us "internet people" would also like to point out, it's the dollar/fiat currency which is valued lower to gold.)
You're probably right. Sadly, they'll find out soon enough. I feel so sorry for those poor bastards running out in droves to unload what real wealth they have (gold/silver)-just for a few worthless paper notes. My heart honestly breaks for them -for when they realize what they've done.
Yes so many adverts here in the UK for 'Sell your old gold to us'!! lol They sell their gold, and buy what? Clothes, a few nights beer, put it towards a new iPhone? Whatever they buy, i'll be on a landfill in a few years. I'm putting adverts all round my city, telling people that I'll buy any old pre 1947 coinage!
Just more PR propaganda. :( Gotta try and control (and lets not mention rob, the butterballs.)
-Which reminds me of the doublethink.... they tell them in the show that gold isn't worth much.... YET during the commercial breaks (and on signs around town) they are told to sell their gold/silver for cash! It ain't worth much, but there are lots of folks who'll give you some cash for it!
If people start thinking that there will be defaults on gold deliveries, I would think that it would drive up the demand for holding physical gold rather than collapse the overall price. My sister suggested that there will come a time when I should sell my gold and then buy more on a correction. Selling physical gold isn't that quick and easy, and I fear the risk of getting caught in a dollar collapse while holding dollars instead of gold. Things can change so quickly in this shakey market.
I agree. I do see a potential collpase in the GLD ETF or other "Paper only" funds in which many have their gold exposure. Physical gold and good gold stocks should be fine given that they are 'REAL". Even if the GLD does collapse we could see a nominal drop in gold prices as a knee-jerk reaction but once everyone realizes its only the paper thats bad physical and stocks will run higher. Confiscation happened in the 30's but the smart people kept their gold and did very well at a later date.
Sorry, but I listened to your presentation 3 times and still don't have a clue if you were saying that now is a good time to buy gold, or a bad time. It's all a little above my head. Would your clarify your opinion please. Good or bad.
One of two things is certainly true about Fort Knox: Either it is empty, barren of all sovereign gold sold off to fund the empire, OR, most likely, there is all the gold they say there is from the 50's audit EXCEPT all of it is leased and double/triple leased/assigned and have multiple claims against every ounce.
The only guaranteed thing is that Americans are screwed and have no significant national gold reserves remaining. Bye bye dollar
Thanks Dr. B! There was a guy on CNBC yesterday talking negatively about gold... and how it's not a good investment. It seemed very odd. Like he was trying to talk people away from gold. like an obvious PR spin.
I will file under chapter 13 and direct all our debt owners to the Federal ReserveBank for satisfaction.
babblake1 1 year ago
All these debated methods are just business as usual for the same people since 1776.
babblake1 1 year ago
well the plan is simple. one world currency. never let the crisis go to a waste. dollar collapse is manufactured for a reason, the reason is to convince everybody that it is in their best interest to start a new world currency. new currency will be based on electronic signature (not on gold). gold will be relatively cheap. world central bank will control issue of that new currency. now you know it.
quadcatfly 1 year ago
This has been flagged as spam show
the manufacture-price of Gold is 4600.-US-Dollar per ounce
DerAdler2 1 year ago
yeah , thanks , I do enjoy my coffee :) I had 4... 5 ... 9 cups today :) no sugar ! sugar is bad . I gave up sugar a year ago and lost 30 kg. !!! no exercise , no fancy - low fat diets , just gave up eating sugar and anything that contains more then 10% sugar ( and those I eat with moderation ) . simple and effective :) and it saves you money too :) So there is my little secret worth millions :) I give it to you all for free :) . I like your videos , thanks for sharing :)
artyfarty3 1 year ago
We all see that the world is fucked. Going on about it won't stop it. There must be a peoples movement away from this morally, socially and economically bankrupt system before it is to late. We must see what the problems exist at our root and rebuild our society on a healthier foundation . There is such a movement. It is called the zeitgeist movement and is the communication arm of the Venus project. Get started by typing 'zeitgeist addendum' into google. 'Fear is your only god' RATM. Peace.
fibbsabaddy 1 year ago
Does the US gold export also include the tungsten - "gold"
johnsenkenn 1 year ago
the god damned rothschilds set the price of gold every day and there aint no gold in the us. wake up
maxxieboy123 1 year ago 3
They also set the value or at least the direction of value of paper fiat currencies as well. At least gold is natural money that cannot be created out of thin air. Gold will always be the next popular choice for a store of value from citizens when bankers and gov't destroy the value of paper currency.
residentzombie 1 year ago
Comment removed
IronicallyVague 1 year ago
They're obviously selling in the hopes of getting some profit. Gold is just like any commodity you could also lose if the price goes down below what you bought it for.
shaider77 2 years ago
What is the source?
JohnLocke82 2 years ago
if gold is a good investment...why they are selling it..those people who are selling the gold..what are they going to do with the paper dollar??????
chardnj 2 years ago
I believe when the melt down of the fiat paper occurs you will be forced to render your gold for the new currency. Else you'll be deemed a hoarder and criminally charged and your gold confiscated.
countryfunkinbunkin 2 years ago
There is gold in sewage - I've bought a sieve
OghamTheBold 2 years ago
Hmm..
The human body contains small trace elements of gold
IronicallyVague 2 years ago
schnur bin so einsam und gelangweilt will sanft gekrault werden hab auch bilder
sexybabiiika 2 years ago
quiz question:
who is the bigger ass****, the one who sells gold- plated lead or the one who buys it with fiat money ? Both should allways stay together
quantengott 2 years ago
Both are two sides of the same ass. The real gold and silver will be what it should be worth which is vastly more than it is now but also there needs to be a great effort to fix the paper or it will all burn.
oc5nsli341nforce4 2 years ago
someone with a much better job than you
pieterdesomer 2 years ago
As usual you provide great content and insight, thank you!
econewpower 2 years ago
I agree with your investment thesis - we have chatted on this before - my question - source on 8,000 tonnes net exported from U.S? You are the only person I have heard this from. As a Canadian, one of our dailies - Globe and Mail - cited U.S as the worlds largest bullion holder 8,000 tonnes. So obvious problem here - makes sense to me, given Wall street and MSN etc ignored golds rise from 2001 - 2008 and now we have central banks panic buying. So - hmmmmmm - look forward to hearing back.
derrobb 2 years ago
Is the export of 8,000 tons of gold from the U.S. a rumor? I cant find any reference of this happening. Does anyone have a reference that shows the data (shipments from and to, times, amount) that 8,000 tons of gold have been exported from the U.S.?
Thank you.
iknownothingnow 2 years ago
Rated and commented, thanks for this video!
gearthmon 2 years ago
Thank you!
scutter4christ 2 years ago
great
toshibavoodoo 2 years ago
my ex mother in law sold 3 bedroom apartment in Moscow for equivalent of 10 cents of hyper inflated rouble :)
Now this aprt is worth $750 000 Euro :)
I know in 5-10 yrs RE will be King
tuktukktotam 2 years ago
I agree, they will devalue gold/silver. I believe they will do this to put a final blow to USA and wipe out the middle class and force us into what ever monetary system they decide on, or at least make us dependent on the government. My plan is to sell 1/7th of my silver holdings at every $100 mark to pay off debt and obtain supplies. Thinking it will max out at $600 leaving a portion of junk silver dimes for black market bartering before devaluation. Your thoughts?
argentummolonlabe 2 years ago
@argentummolonlabe US is ruled by a bunch of stubborn nuts
it is hard to apply any logic
it is hard to predict what kind of BS they will come up again
I'm 100 % positive that gold at times like that should be enough to pay off taxes expenses during inflation before new currency kicks in Gold as a major investment also good if you manage to sell out and reinvest
paying off debts with devalued dollars before they come up with some wicked law blocking it is also a good idea :)
tuktukktotam 2 years ago
@argentummolonlabe
you know that banks do not have any "economic crisis " clause or dollar devaluation clause " they should but they do not :)
Therefore I do not think that these greedy bastards will allow dollar to hyper inflate 2 much :) get it ?
new currency will come out of nowhere .
tuktukktotam 2 years ago
just look at the collapse of 1990 of Soviet Union they had similar signs
very cheap real estate , almost free then rouble collapsed food crisis salaries unpaid utilities cut off unpaid
real estate was sold as low as horse shit a few yrs latter real estate was a king and stayed a king for 17 yrs so far !!!!!!!!!!!
tuktukktotam 2 years ago
Beautiful view. Thanks for the update.
Dakarah777 2 years ago
when I hear people say that gold prices will be high forever I wonder are these same people who bought into overpriced real estate ? Nothing stays up forever , Nothing
get it through your dumb heads you must stay 1 step ahead of the crowd
tuktukktotam 2 years ago
You're right, nothing is high forever. To think that something will maintain a permanent UP is in fact ridiculous. The thing is, adjusted for inflation and REAL demand vs the oversupply of leasing and paper markets, the gold price is actually very low. Dr. Berninger is correct - this is the calm before the storm. So yes, nothing stays high, especially with market manipulation, but then again, I'd rather hold gold than paper. Just look at history - All fiat currencies fail. EVERY. SINGLE. ONE.
SolarAlchemy 2 years ago 2
@SolarAlchemy I was not arguing that . Let me make it simple what I try to say : gold is very good at the time . probably very best real move is ahead, indeed
But if you hold gold through without selling out at the peak and reinvesting retirement real estate in USA where 80 million baby boomers
be retiring in next decade you will miss a huge move
but gold is better than paper , you are right .
tuktukktotam 2 years ago
The confiscation of gold is definitely a possibility with a new currency, mainly because it would be valued at appropriate levels (ie much higher than what it is now, especially considering if the world plans an international basket of reserve currencies and pricing oil in them once the dollar disappears). And as far as confiscation is concerned, telling me that the government will pay me shit for my bullion assumes that I plan on giving it up to them. Fat. Fucking. Chance.
SolarAlchemy 2 years ago
@SolarAlchemy
even if you do not give it to them it will have so much less purchasing power and costs of living will be so high you will have to sell for penny on the dollar to pay for your living that is the plan
IMF is not selling gold for nothing
they will get t all back voluntarily
tuktukktotam 2 years ago
They will do everything in their power to stay in power, that much is true. However, an item of exchange (money) is only worth what people say it's worth in that transaction. Come a new currency in the United States, history will show you that gold maintains its purchasing power - period. Given a new currency in the context of the global market, you have to take into consideration what it would be valued once in reserve status. And I guarantee that's more than the paper being shoveled around.
SolarAlchemy 2 years ago
tuk-if the IMF is that sinister, then the world is heading massive upheaval...
joel1923 2 years ago
@joel1923
they are not that sinister Joel , but when you are locked into confined interdependent system
there is not much that could be done Just as Jesus said to Judas
Do what you do and do it quickly
tuktukktotam 2 years ago
Search on YouTube for Uri Dadush / World Bank
mn8aol 2 years ago
that is exactly what I have said Jberni
factor of 10 is about right .
I said gold might go from 2000 to 200 if new currency is established
not sure what u were arguing about .
tuktukktotam 2 years ago
why would gold appropriate when there will be new stable currency and new world order ? Main driving force in gold appreciation in dollar is that dollar is expected to collapse when new currency is out replacing old dollar do u expect it to be more inflationary than a dollar ? Or do you expect that currency to be more stable ?
Some of you people are so greedy and fearful that you can not see clearly
tuktukktotam 2 years ago
jberni wrote :First step will be confiscation by stating a currency gold value and seizing it. then they revalue the currency to gold ratio by factor 10. And the Currency is reset, while gold appreciates....
that is even worse what I have said , LOL
they will grab your gold they will pay you shit
then revalue it while you are left with bullshit
tuktukktotam 2 years ago
Gold confiscation is already happening.
The US Gov is buying from the " Cash for Gold " people in every Mall and strip mall in the USA. Paying with printed dollars soon to be worthless. that is how confiscation is happening. You are living it.
Ibilaemash 2 years ago 2
Gold didn't make currencies collapse, it was the mere excessive printing of paper money that was the problem..
thanks anyway for the clip
syncro16se 2 years ago 5
Fools are selling their 'Over priced Gold' for cash right now......
because of their debts.
They will be very sorry in the not too distant future......
dojufitz 2 years ago
OMG! And what of silver?
looseal22 2 years ago
who cares if the gold bars are fake, tungsten still has more value than the US Dollar!
PayChkSlaveRebellion 2 years ago 7
@PayChkSlaveRebellion LOL Pound for Pound lead is worth more than the dollar at the moment ;)
AtheistCentre 1 year ago
type 'FT super-rich buy gold' into google
PayChkSlaveRebellion 2 years ago
Why the NYC/NJ backdrop??? lol Great vid as always.
PeakedEarth 2 years ago
Good stuff... thanks... WHY IS THE WATER FOUNTAIN ON THE RIVER, IN THE BACK GROUND NOT MOVING????
frontier1701 2 years ago
great video yet again
thanks for sharing your analysis
galikazoid 2 years ago
always a pleasure to watch your videos!
If I must withdraw money from the bank, what currency should it be in? AUD?
SKUNKBALLScom 2 years ago
thank you...........
skybirdbird 2 years ago
Excellent stuff !
artdeco101010 2 years ago
Aw Berni. You look so miserable.
I look forward to your great comentary so much but there is something missing here without the carefree, almost synical presentation.
Could it be you are beginning to see that this is, after all, no joke?
There are far too many others who know whats happening and will look miserable as a result. Let you be different.
I see the trading of gold being banned over this 'fake bars' thing.
No doubt it was those darned 'terrroorrrists' wot done it.
ccharlie100 2 years ago
Future contracts surpassing the capacity to ensure the delivery of gold might be the shift for this bull market. Yet we are not even close to that alleged point?
How are we to calculate the shifting to occur?
At 2000$? At 5000$ ?
At least a year from now.
superdiza 2 years ago
Ja. 5 Sterne für Berninger. Es bleibt spannend. DI W.Eichelburg hat es seit Jahren richtig gemacht. Den Geldhaltern Gold und Silber empfohlen. Dies ist auch jetzt noch das Richtige, meiner bescheidenen Meinung nach. Ob sich ein Goldverbot durchsetzen lässt, ist fraglich. Aber ein mögliches Szenario für Strukturen wie USA und EU mag es sein. Also: Silber.
BUY SILVER!
as long as it is as cheap!
chapthe 2 years ago
Five Stars*****
My Friend!
ABETRMAN 2 years ago
gold 2,300 buy 2010
get ready ride just started
gazoorap 2 years ago
also if theres gold confiscation
youll see riots in the streets not because of gold either that will mean the countrys banks have failed and ill tell you if you have gold or not it will be crazy
gazoorap 2 years ago
Nice prediction! Gold 1144!
Danster82 2 years ago
i dont think there will be gold confiscation pipe dream
and if there is sell it buy silver
this isnt the 1930s you think all the rich are just going to give it back
they will be the ones fighting the hardest
gold would have to hit ten thousand just for any serious discussion ill be half out by then so will many others
gazoorap 2 years ago
So what about ETF's holding 'physical gold' , will they just wait for a correction and then pay people off at the lower rate? did you hear what deutsche bank did a few months ago!
rusirious 2 years ago
I just read an interesting article on the Market Oracle regarding FAKE gold bars manufactured from Tungsten
I guess that there are thousands of metric tonnes of it out there
pinkfloydmoon 2 years ago
16.000 tons are currently the estimate
jberni1 2 years ago
I know first hand that the US markets are being flooded with FAKE US Morgan silver dollars
They are showing up at swap meets / flea markets etc.
They look real however a magnet will stick to the fake silver dollars
pinkfloydmoon 2 years ago
@pinkfloydmoon
Yup. Counterfeit coins, another fine Chinese product. Buy American! =^[.]^=
Raycheetah 2 years ago
pinkfloydmoon -
I guess that explains that huge order for Ingersoll Rand drills that came in from the Reserve Bank of India... they got 200 metric tons to go through before the return date. :) :)
MengersDisciple 2 years ago
@MengersDisciple
LOLOL
Bob Chapman thinks that the so called sale of gold to India recently never actually occured
He feels that it was just a stunt for the Central bank to cover it's shorts (the gold was non-existent)
pinkfloydmoon 2 years ago 2
The Fed's balance sheet does not distinguish between gold in their physical possession vs "leased" gold. What a scam!
MengersDisciple 2 years ago 3
Yep !
jberni1 2 years ago
Confiscation will be but not they way people might think
And it may not be effective either Confiscation will be as follows :
#1 New world or regional currency be established
#2gold price will be set at 200 instead of 2000
and here is your gold confiscation :)
No need to chase people for gold
They will surrender it because food prices will be high and people sell their gold for cheap
to buy food . All Super rich invest in agriculture
and railroads
tuktukktotam 2 years ago
Coin collectors did not have their gold taken in the 1930's Coin collection is subsidized by Congress. Therefore become a collector and keep your stash.
rstora01 2 years ago
you do not get it, do u ? they will simply devalue it with new global currency gold will not have nearly as much purchasing power
you must sell gold at peak and reinvest in agriculture or retirement real estate
tuktukktotam 2 years ago
I appreciate your thought, but you might be understood in a wrong way.
First step will be confiscation by stating a currency gold value and seizing it. then they revalue the currency to gold ratio by factor 10. And the Currency is reset, while gold appreciates....
jberni1 2 years ago
Truth is there are 2 much paper assets out there
Way way 2 much
And not enough tangible goods 2 invest
This is why stock market is blown way out of proportions
Real estate in many countries blown out of proportions
And gold will be out of proportion
The real move has not even started yet
tuktukktotam 2 years ago 3
how did you i was drinking coffee? man u really are amazing!
Shakin2012 2 years ago
Hey thanks...
jberni1 2 years ago
BEATIFUL VIEW !!
renegado100 2 years ago
For your information, the Fed's gold is AT ALL TIMES computed at the statutory price of $42.22 per troy ounce.
That's why the Fed's gold stock does not move in dollar terms, even if the market price of gold moves.
So the fixed figure of $11,043 bn in gold reserves is, by itself, NOT indicative of an actual decrease of gold reserves as you mention.
To get to the bottom of where the gold really is and what derivatives on it have been created, you have to do much more research. I recommend GATA.
jaybaybaker 2 years ago
Typo: This is $11.043 bn in gold reserves at the statutory price, of course.
@jberni1: your argument does not make sense, as I have pointed out, due to the fixed statutory price that explains why the reserves do not change.
Do you have other arguments backing up your point?
jaybaybaker 2 years ago
'Confiscation' only made sense when the dollar itself was backed by gold. This is a much different environment..... However if they do go after the gold they will simply seize private vaults and ETFs. (incidentally there is a private vault in Las Vegas and the govt keeps asking them 'who owns the gold?' so they may be thinking of going for it....)
DocGorilla 2 years ago
I understand where that belief is coming from, but I don't see it as possible anymore. First, very few American's own any significant amounts of physical gold in their personal possession. Secondly, any mention of confiscation would collapse the dollar globally overnight with black markets opening up even faster. Third, the logistics of forcing gold, and thereby wealth, confiscation upon the most armed populous in history is unimaginable. I think default is much more likely w/ new currency.
Eraser7622 2 years ago
I certainly do not trust the FED and know they will not let an audit happen. HR 1207 is as well as dead.
Igentenos 2 years ago 2
how did you know about my having coffee? Where is the camera in my house.?
LOL
1mealperday 2 years ago 2
Those banks holding gold in New York ought to be taking delivery away from America if this 8000 tonne story is true.We the peoples outside America will be reminding our politicos to take possession.
Do you think the Rothschilds were aware of Gold seeding in 2004 so left the London market?
justjacqueline2004 2 years ago
Don't listen to this guy, he is quoting a story about 8000 tons of gold being exported from the US - he has not provided any sources for this statement.
I follow the gold markets very carefully. This is a lie. 8000 tons would represent the entire US gold holdings.
That did not happen.
yogiudo 2 years ago
"8000 tons would represent the entire US gold holdings."
Yes thats why we are talking about this. Well maybe a good part is from Germany, the only country in the world who is depositing there gold reserve in a foreign country.
llothar68 2 years ago
WOOOOAHH, 8000 Tons of gold export from the USA?
What are you smoking? Give me a reference for that pls.
yogiudo 2 years ago
Google "gold compound exports". I'm not sure what a gold compound is but the US exported ~5000 tons in 07-08. Technically, it could be the melted down coins from the 30s because the bars would only be 90% gold.
EquilibriumTheory 2 years ago
mining gold? (nuggets and gold-ore)
jberni1 2 years ago
@jbern1
Ore is included in a separate entry in the USGS Mineral Industry Surveys to which I am referring. I realize this is pure speculation. I simply don't trust my gov't to tell me the truth about the quantity/ownership of the Fort Knox gold.
EquilibriumTheory 2 years ago
No, this video is complete bullshit.
The US did not liquidate their gold holdings.
That is some Euro-Asian pipe dream.
If it isn't lets see the reference.
yogiudo 2 years ago
Check out article by Roy Kirby of Kirby Analytics. They shipped it out of country under the label of gold compounds.
artdeco101010 2 years ago
Send me a reference.
You can't claim that there's no gold in Fort Knox without high quality supporting references. It is Berni's pipe dream.
yogiudo 2 years ago
Google it dude - do some research of your own. I gave you the keywords - there are plenty of articles if you look. Its not a pipe dream either, your the one dreaming if you think the gold market will have any less fraud then all the other markets out there.
artdeco101010 2 years ago
*sigh* I'm not going to get into this discussion. You want to believe that garbage that's up to you. If you can't provide a reference your word is worthless.
I've done plenty of research, including check out your google keywords and its all garbage.
yogiudo 2 years ago
There's no discussion to get into - Kirby cites and displays the u.s. customs documents showing exactly how much gold was shipped and its value. End of story.
artdeco101010 2 years ago
This comment has received too many negative votes show
Loser.
Stop peddling garbage.
You're a moron.
yogiudo 2 years ago
DXY 74.95 . . GLD 1130 . .tick tock tick tock
aw3212 2 years ago 6
There are alot of CASH 4 GOLD PROGRAMS in US, some of which work for Uncle Sam. HAHAHAHA..
escapee78 2 years ago 2
Does Confiscation make sense anymore? When it happened before, much more people had it, because coins were actually made out of gold and silver back in the day. Now days less than 1% of Americans own any gold other than whats in the jewelry box.
ds4081 2 years ago
Here's something odd... on a popular TV show last week... the plot involved robbery of gold coins... One of the main characters asked how much are they worth? And the answer was: Only about $400 unless you're one of those Internet people that believes the economy is collapsing...I'm paraphrasing...
fal2grace 2 years ago
...but it was really strange... it didn't even fit into the plot... seemed like that dialogue might have been inserted... $400? for a krugerand???
fal2grace 2 years ago
Unless that show was made about 5 years ago, then that's utter lies. Anyone with a few braincells can at least follow the spot price and see that gold is valued much higher today. (Or any of us "internet people" would also like to point out, it's the dollar/fiat currency which is valued lower to gold.)
AfterTheFox75 2 years ago
most people have no idea how much gold is and they don't care, they think it's for collectors
nextdimensions 2 years ago 2
You're probably right. Sadly, they'll find out soon enough. I feel so sorry for those poor bastards running out in droves to unload what real wealth they have (gold/silver)-just for a few worthless paper notes. My heart honestly breaks for them -for when they realize what they've done.
AfterTheFox75 2 years ago
Yes so many adverts here in the UK for 'Sell your old gold to us'!! lol They sell their gold, and buy what? Clothes, a few nights beer, put it towards a new iPhone? Whatever they buy, i'll be on a landfill in a few years. I'm putting adverts all round my city, telling people that I'll buy any old pre 1947 coinage!
CelticReject 2 years ago
Great idea by the way!!
AfterTheFox75 2 years ago
nope, new show
fal2grace 2 years ago
Just more PR propaganda. :( Gotta try and control (and lets not mention rob, the butterballs.)
-Which reminds me of the doublethink.... they tell them in the show that gold isn't worth much.... YET during the commercial breaks (and on signs around town) they are told to sell their gold/silver for cash! It ain't worth much, but there are lots of folks who'll give you some cash for it!
AfterTheFox75 2 years ago
right
fal2grace 2 years ago
what show was it?
nextdimensions 2 years ago
Bones... last week.
fal2grace 2 years ago
thanks...you speak like the terminator though, no offense
passingcloud01 2 years ago 2
Thanks for the video. Much louder :)
overlordsshadow 2 years ago
:) :) thanks
fal2grace 2 years ago
I suspect your right about confiscation. So does that mean buying gold is useless for American citizens? EU citizens?
joel1923 2 years ago
If people start thinking that there will be defaults on gold deliveries, I would think that it would drive up the demand for holding physical gold rather than collapse the overall price. My sister suggested that there will come a time when I should sell my gold and then buy more on a correction. Selling physical gold isn't that quick and easy, and I fear the risk of getting caught in a dollar collapse while holding dollars instead of gold. Things can change so quickly in this shakey market.
kswatcher 2 years ago 5
I agree. I do see a potential collpase in the GLD ETF or other "Paper only" funds in which many have their gold exposure. Physical gold and good gold stocks should be fine given that they are 'REAL". Even if the GLD does collapse we could see a nominal drop in gold prices as a knee-jerk reaction but once everyone realizes its only the paper thats bad physical and stocks will run higher. Confiscation happened in the 30's but the smart people kept their gold and did very well at a later date.
taineasy 2 years ago 2
Agree. GLD is toxic.
hugolp 2 years ago
Sorry, but I listened to your presentation 3 times and still don't have a clue if you were saying that now is a good time to buy gold, or a bad time. It's all a little above my head. Would your clarify your opinion please. Good or bad.
CelticReject 2 years ago 2
play it safe and make a profit
silver bars, silver rounds, 10 oz is not yet worthwhile to fake, and a very low price too.
After much research it is easy to reccommend SILVER as a good store of assets. And yes i put my money where my mouth said
1mealperday 2 years ago 2
So, the story about the tungsten filled gold bars was true?/!!
joel1923 2 years ago
great info as always.
i guess we will find out pretty soon if fort knox is empty or not.
cbr6864 2 years ago 2
One of two things is certainly true about Fort Knox: Either it is empty, barren of all sovereign gold sold off to fund the empire, OR, most likely, there is all the gold they say there is from the 50's audit EXCEPT all of it is leased and double/triple leased/assigned and have multiple claims against every ounce.
The only guaranteed thing is that Americans are screwed and have no significant national gold reserves remaining. Bye bye dollar
Eraser7622 2 years ago 4
if i would have only known back in the late 90s!!!!!!!!!
cbr6864 2 years ago 6
Thanks Dr. B! There was a guy on CNBC yesterday talking negatively about gold... and how it's not a good investment. It seemed very odd. Like he was trying to talk people away from gold. like an obvious PR spin.
fal2grace 2 years ago 5
Do the very opposite of what you hear on the news.
CelticReject 2 years ago 13
that was the very reaction I had....
fal2grace 2 years ago
grace , surely you must know its all been lies and hype except for ratigan?
1mealperday 2 years ago
yes:) but the lies and hype are getting so extraordinary.. it's hard to fathom.
fal2grace 2 years ago
where is that? (the background)
breadeaterfrompl 2 years ago
@breadeaterfrompl
New York, Empire State Building
jberni1 2 years ago
great stuff
cosmicguerilla1 2 years ago
Thank you! :)
AfterTheFox75 2 years ago
steady as she goes
pentel1911 2 years ago 3