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  • think about it im going to ask you for a retraction dude and verbally bitch slap you while i do it.

  • so like I can say the same thing why the hell should I believe you news man I think you guys are all full of shit anyway when I see it not happen I'm going to call you on it personally

  • does this mean they are gearing up to consfiscate ppl's gold?

  • silverbulliondotcom - LOVES THAT SILVER HAS CORRECTED WHILE IM OUT OF PAPER & THE BALL & CHAIN THAT GOES WITH IT - HAPPY TO WAIT 5YEARS FOR THE REAL PRICE TO PRESENT!! IN THE MEANTIME ILL JUST KEEP WITH A "BUYING, BUYING, & MORE BUYING"....

  • hows that coming for you? lol

    I'd love to see a third party audit Fort Knox, because all your going to find is paper IOUs and gold plated tungsten bars.

    Two years in and golds way above 1500 this guy is shit.

    Buy physical Silver people its better.

  • "I can't reveal the source but it's a very good source"

    I call bullshit.

  • who the hell is dumb enough to trade gold for us currency? its like trading toillet paper for gold, hey wait sec i have couple of renova rolls in my bathroom at least you can wipe your ass with them dollar hurts asshole

  • @badsign1980

    So you actually used dollars on your Arse? Did it go Baboon coloured?

  • A VERY reliable source, cant tell you who, just called me and said that the zombie apocalypse is starting tomorrow. Trust me on this one. It's breaking news.

  • Pssst United States has very little gold in Fort Knots. U.S. gave AIG more money than there is gold in Fort Knots... This should be a clue to Americans that the U.S. has no gold... Thank you President Nixon for taking the dollar of the Gold Standard.

  • Unsubstantiated, waste of time

  • @billychen13 and yet, you believe everything you see on Fox! Now why is that?

  • @Paolo7219 I dont watch fox, and i think fox news is as reliable as the north korean state TV

  • @billychen13 You're just mad that there is an alternative to decades liberal biased media. LOLNBC.

  • @nglange well i dont even live in the US and I dont think you have a clue about what I'm angry about, Im angry about the main stream media and their weapon of mass deception

  • it's funny how everyone on YouTube has "sources"

    my "source" tells me to sell gold and silver and buy pork bellies !!! hahaha

  • gold wil hit 1500 and silver 50 soon.

  • Wow u my friend are a real clown!

  • fort knox is either empty or full, one of the two.

  • Has anyone picked up on the fact that he is saying the dollar is at all time highs? What a load of nonsene.

  • @Michael7477

    The dollar has lost over 98% of it's value since 1913. Go look it up if you don't believe me. Go look it up at bls.gov has the calculator I am referencing.

    Do you know what happened in 1913? The fed was created. Inflation is fleecing our country, savers, and income earners even today. Recently the fed increased the monetary base through Q.E. over 125% and soon Q.E.2 is coming.

    You might be referencing the dollar index which only values fiat currencies not purchasing power.

  • i read some article that said we were increasing our gold reserves because we were going back on the gold standard

  • Russia is storing their own gold.

  • Free not you cant even own a gun in the land of the queen ha free not

  • I am only interested in the implication of the gold price to Europeans & those outside the usa. Since I nor my clinets live in the usa, who cares what those animals do.

    You talk as if EVERYONE in the whole world is affected the same way by gold's dollar price rise.

    We aren't. We aren't inmates of Failureland, sorry, Loserville, sorry, the bankrupt usa!

    You might use gold as a temporary hedge but it won't hold its current 'value' and when the dumping starts after the bubble bursts it'll fall.

  • "BTW

    I am free. As a British man, I am free-er than any american." -flangelet

    How are those stab-proof knives going for you?

    Just imagine someone studying the evolution of knives like one would study the evolution of animals. What would Darwin think of the peculiar snub nose knife of the British Isles and how it came to be? I also wonder if there are powers, unknown to us, that determine much of the idiocy in our world... but i digress...

    You can find the humor in that, no?

  • Dunno?

    How are those assault rifles working out for you?

    You do know it was a non-story promoted by Bloomberg, right?

    Nice to see the propaganda sunk into the already propagandized unwashed american population... Bloomb will be pleased!

    BTW when do YOU tell the joke? Still waiting...

    We are told americans don't wash... is that true? How many squirrels did you eat this week? 24% unemployment in the usa? 35m americans regularly go hungry? 12 children a year choke on roaches in the dirty usa?

  • BTW it still happens to be true that I am free-er than any american. Ooooo... americans don't like that do they! MUST BE UNTRUE! Sorry... it ain't!

    Try saying "Shoot Obama in the head" and NOT getting a call from your secret police!

    Americans aren't free.

    That was true...as were all the stats (except one!) I posted above! Interesting, hur? Not recognize your own country, hur?

    Blue pill or red pill, american?

  • I think you have a misunderstanding of the concept of freedom.

    Being able to freely threaten someone's life is not freedom. What you are talk about is anarchy.

    We have a right to life.

    I try not to take pills so why don't you just say what it is you want to say.

  • You, being a propaganda-filled american, don't know what freedom is!

    Being only an american, you don't know what it's like to live without the fear of the secret police or the armed cop stopping you being a normal human being.

    You aren't free. American's aren't free.

    Don't try your crummy tactics of trying to tell me I must be something other than free. If you think that, you clearly watch *your* tv too much.

    I will kill you if you threaten my freedom.

    Is that clear enough, american scum?

  • What is that quote? Whoever screams I'm free the loudest is the most enslaved... something like that...

    That popped into my head after reading your comment.

    Trust me, you are not as free as you believe yourself to be just like most Americans are not as free as they believe themselves to be.

    Kill me? What? You gonna stab me with your anti-stab knives? LOL. Calm down, I'm not your enemy. Your enemy is the one with his hand on your shoulder telling you I'm your enemy.

  • @flangelet : try saying you're going to shoot anyone in any country and see how fast the athorities come looking for you

  • I wouldn't know about assault rifles. The feds have restricted them.

    How is a story a non-story? Someone designed a knife to be safer than traditional knifes in a society obsessed with safety. Non-story?

    Don't wash what? We're told you don't brush... is that true?

    Zero squirrels.

    24%? The highest estimates say 18-19% so I wouldn't be surprised.

    35m hungry Americans... sad, right?

    Choking on roaches? Reaching a bit?

    Note: You're using the media's figures(propaganda), not me.

  • I used to work in the media... it's very easy to promote one view of a nation over another.

    Say I ran stories about jews who commited crimes... every story where a jew did something wrong was prominant in the media.

    How long would it take for the general unwashed american garbage to start thinking jews were the cause of *all* crime? A week? A year?

    You really should learn something about propaganda & media tactics before opening your dirty american face and trying to have a clue.

    QED

  • I think the media lies... Why do you think I believe them... You said you follow US media on a regular basis, why do you forget what you've experienced and take what the media spreads without much challenge?

  • I read but don't trust your media.

    Why do you assume 'follow' means trust?

    Why do *you* think you know something about me and my nation when everything you think you know you were taught in the usa by lying americans?

    You don't know anything about me or my freedom or your feedom or my beautiful country.

    I travel and so know more than you having seen it firsthand... which is the only true source of knowledge.

    I am free-er than you. That comes from someone who has seen both and been to both.

  • @flangelet

    i lived the the first 26yrs of my life in the US until i left 10yrs sgo to travel the world. i've lived in Europe now for the last 8yrs, the UK mostly. i quickly realised how censored, biased and one sided our US media is after leaving and what pissed me off the most was how deluded i was about the world outside the US. its like we're on an island cut off from the world and given false info about how the world really is,its an illusion. sadly we're so out of touch with the real world

  • @flangelet so when is "any" countries media telling the truth?

  • @flangelet i agree, tell us some more tricks of the trade that you learned

  • @flangelet : i read a survey that the cleanest people in the world are Japanese, Aussi's and Americans. Judging how huge the sales of soap and shampoo is in the usa there can't be too may unwashed....unless they are some of the impoverished 30 million illegal aliens

  • BTW Fort Knox contains no gold that is owned by the usa.

    Lots of gold... it's just not yours!

    The gold there is owned by other countries.

    They let you guard it because it is costly to move it around the world and Fort Knox makes a good bank safety deposit box.

    Each pallet of bullion has a tag on it.

    Some say "Property of China" & others say "Property of Saudi Arabia".

    Get over it, america.

    You're poor!

    LOL

  • now would be the perfect time to buy gold, and anything else, while we can, specially if Knox has actually been empty for 30 some years...but it is the Gov....so we would be paying at least 10K an ounce, just in paperwork alone

  • Nobody in Europe need to buy gold because the usa is the one faltering. The gold price, in $, tells the whole story. Try rebasing the price in Euros and looking at the graphs found by G**gle "gold price euros" and tell me the dollar isn't crumbling.

    LOL

    Have fun.

    The Indian government are buying gold bullion because it's a way of dumping dollars. Expect more buys from Asia soon.

    LOL gold is still flat in Europe. This bubble only means something to poor americans who use dollars!

  • "now would be the perfect time to buy gold"

    LOL

    2002 was the 'perfect time' to buy gold.

    Nobody wanted it then... electronics & jewellery. It's why there's so much jewellery available out there to 'cash in' at a massive discount.

    Sorry, you missed it. Buy now & you're buying it when it's expensive.

    In the usa, you probably need something to help you survive the coming crisis... big lumps of inconvenient, steal-able gold ain't it.

    Buy a gun, use your dollars to buy land or leave the usa. LOL

  • buy land so you can have a cash payment to the government for the next 45 years? gold is expensive? gold has been forced to low levels by governments for years,it is nowhere near the bottom,think of holding a ball underwater and keep pushing down,it will build too much pressure and end up exploding up....we have seen nothing yet

  • Then leave the usa and go someplace better... like Somalia!

    You talk as if there is DEMAND for gold.

    Who is actually buying at these $1050+ levels?

    I see bullion being stockpiled as if this bubble will continue indefinitely but I don't see buyers other than the discount thieves buying people's jewellery on the cheap in these bad times.... and the chumps buying coins for a premium.

    Time to sell and step away!

  • Who is buying at these levels? well for 1 India just bought 6 tonnes of Gold,major funds and anyone who has any common sense is buying. You think US assets have gone up in the past 30 years? what you do not understand is most of reason prices have gone up is because we are not tied to gold and the dollar has dropped.

  • @flangelet umm leave the USA? It's all this country can do to "keep people from coming INTO the USA" Well over 1000 per day are entering the usa illegally....so there must be something good going on here

  • @inkey2 yeah, welfare, medicare and social security benefits... none of witch any Americans will get because it will all be gone.... don't worry though, FICA, SS and medicare will still be coming out of your pay check every week, just thank your lucky stars that the illegal Mexican aliens will finely get an easy life.... and BTW, dont complane or they'll call you a racist

  • @dirtTdude I am planning to take my social security as soon as I can start drawing it........I am not waiting till I'm almost dead or SS is broke. Fortunately (or unfortunately) I will be able to start drawing it at 63.....in 5 years.....depends on how my financial status is at the time. I am actually glad that most of my life is over....i got to live and grow up in a much better time than this

  • @inkey2 i'm 48, i got to see some good times but its mostly been a constant struggle, i'm enslaved to the system and stuck between a rock and a hard place, i've worked hard my entire life and im so tired, i'll probably wind up working until i die or not be able to work and wind up homeless, as soon as i cant work anymore i'll be discarded..... fucking scary

  • @dirtTdude now, when you say you are enslaved to the system what do you mean?

    I don't think I am a slave to it.......then again, I have made a concious effort not to by making some huge sacrifices in the past to ensure my future. My wife and I have made sacrifices few would even consider

  • @inkey2 I've never gotten a break, never a helping hand... been paying rent my whole adult life, no way to save 10% for a down payment. - rent, car payments, insurance, utilities .... its all waisted money to keep me working, i'll never even have a chance of owning my own home unless i go homeless to save... slave man, yeah, i sacrifice every day

  • @dirtTdude owning a "home" (actual house) is not always the best way to go. It can be an endless sink hole of expences. If you do not have children to support I suggest trying for a one bedroom, basement condo in a converted appartment building with no pool or any fancy amenities...... they practically give those away. Interest rates are practically zero now.....if you have a good credit rating, and had the same job for a few years you might be able to pull it off.

  • Could be Iraq. After all, the Iraqi treasury and stock of gold are completely under US control.

    If the Iraqi government delays decision to pay for liberating their country under Saddam, their gold would then be forfeited. So it is ownership transferred one way or another!

  • Iraq ???

  • And this means?... I can see why people on here insult the poster, throw mine in as well.

  • Um- nope thats a lie... nope...nadda...not true...

  • FAKE

  • What, Dollar is at an all time high!??

    What???

  • LOL

    Let me explain, child...

    The dollar is NOT at an all time high... there is an all-time record demand for US TREASURIES!

    Since they're denominated in dollars, the world bought into $ while the downward trend was underway...

    HOWEVER, now the world IS recovering (but not in the usa, that's still sh*t & falling like a damp turd!) and so everyone + his uncle is selling US Treasuries & thereby getting out of dollars, like a tide going out, and exposing the crippled state of the usa!

    Got it?

  • LOL

    You are joking, right?

    The usa need to take some of the liquidity out of the market and put it into 'overpriced shiney stuff' like it needs an extra hole in it's collective face!

    This is dumb!

    Let me explain....

  • The logic of this fails on several counts;

    A) You might not have realized but we are living in the 21st and the physical movement of gold is completely unnecessary in this day and age. Your thinking's from a time of steamtrains & buggywhips! There's this thing called digital settlement...

    B) The usa has no spending power. That's why the usa is begging the Saudis/Chinese for cash!

    C) IF the usa bought in the ILLIQUID gold market, the price would rocket & the $ plummet immediately or sooner!

  • Digital, there you`re wrong.

    Gold is needed in production of electronics.

    So it`s good to have.

  • LOL

    Let me explain, child...

    Please go and find me the figures for;

    A) The WORLD'S electronics industry ANNUAL gold usage...

    B) The WORLD'S mining industry ANNUAL output of gold...

    Off you go, kid!

    BWHAHAHAH!

    Sorry... I'll hold that one in until your return...

  • The electronics usage is tiny.

    Jewellery is the only substantive market and no one is buying...

    Bought any gold necklaces recently? Thought not!

  • im a bit lost on your statement(s). are you saying that gold and silver are just precious metals used in jewelry and such and that is the only market for them ? explain please. thx.

  • Gold is just a commodity.

    Nothing magic about it, no god given right to be special and there's going to be no return to a gold standard for the obvious reasons.

    It rises on dollar weakness and falls on a better economic outlook.... a commodity/currency play.

    If you think things are getting better, sell gold.

    If you think things are going to get worse, buy it.

  • In 'normal' market conditions, it's uses are jewellery and electronics. It's an industrial metal and right now is expensive, so make sure you're buying it for the right reasons!

  • flangelet,

    You're a moron with no education on economics, nor precious metals.

    Oh, I'm sorry... Did I state the obvious?

  • Which bit of the economics didn't you understand?

    Are you selling precious metals?

    Is THAT why you don't want to REFUTE my argument and instead choose the cowardly losers way out of insulting the messenger?

    Americans... sheesh!

  • LOL

    12yr old cartoon boy accuses ME of having no education in ecoomics!

    I didn't know you were some know-nothing kid...

    Study more in school and ask more questions, kid... there's still a chance for you!

  • Not really. I buy and sell commodities and shares in commodity stocks for my self. I play the markets for play money and know a bunch of snake oilers selling moonshine and whistles when I see them.

    People are promoting gold when copper and nickel are better bets and have a power production profile.... but they can't sell you pretty pieces of nickel/lead/copper or uranium for a huge markup, can they?

    Too many sharks around here... DYOR

  • not power...lower.

    This f cordless keyboard is going back to the store!

  • Gold is rare you idiot,you think it cost the same to get gold out of the ground as it does copper or nickel? So in your opnion people are marking gold up because it is shiny? you can make copper and nickel shiny,most people use their head before investing by looking at supply and demand. stick to your pratice account

  • Gold is NOT rare. 1980-2010 has seen the biggest mining rush in history. Gold mining output is at all time highs. Gold price rises are a bubble on the $. Look at the gold price in Euros. FLAT Look at the gold price in Pounds. DOWN Look at the gold price in usdollars. HUGE UP Why? The dollar has fallen. Nothing to do with gold. The $ is collapsing. Your TV won't tell you this because they're afraid of how america will react. I'm not afraid. I don't give a sh*t about you. What are you to me?
  • the world has 1 half ounce of gold per person on this planet,dollars can be printed at will. Gold by nature requires production to get,fiat currencies are printed at will for almost zero cost....you are the dumbest person alive,ofcoarse there has been a gold boom,technology has made it easier to get the remaining gold out of the ground...explain how gold is abundant if there is less than 1 ounce per person on the planet.....millions of paper for every person but 1/2 ounce of gold...you are an

  • The world needs fiat currencies because there is a f shedload of economic activity that has to underpinned... there isn't enough gold in the solar system to underpin all the world's transactions.

    That's why we can NEVER go back to a purely gold standard. It's a fantasy to think of gold as anything more than a commodity that has token value.

  • The world does need a fiat currency but Gold is necessary to store wealth in times of out of control governments,they balance eachother out and both are needed in todays exchange system. For you to say gold has no value what so ever is a reflection on your lack of financial understanding. There is not enough gold to rely on it for a medium of exchange,as a store of wealth that can not be devalued or unfairly taxed by inflation gold will always be a necessary asset in anyones portfollio.

  • Didn't say it had no value.

    You are doing the typical denouncement bs of distorting my view to suit your criticism.

    FU

    Gold is of value to the jewellers and electronics industry. Got a CPU? It has gold wiring.

    I invest in many things and gold miners are losing money since their costs are in dollars and are RISING faster then their income from their output.

    Get a clue, dummy!

  • All gold miners are losing money? All gold mines are in the US? what planet did you come from? Gold wires are the only value to gold"? gold is a neutral position when people do not want to hold fiat currencies,you are uneducated and have no common sense. When the supply of dollars is growing it is dumb to not hold gold or silver.....food and oil cost money to store but they are a good bet too....Hold your dollars Einstein and make some computer wires

  • You lying american scum!

    Where did I say all gold miners were in america?

    Gold miners outside the usa see rising costs YET steady or falling revenue from a dollar whose value is collapsing.

    Are you retarded? Don't you understand basic business models?

    In the bankrupt usa, sure, hold gold because its your only chance to not be eating your neighbours dog next Fall. Rest o' the world doesn't need to & will be laughing as your dollar collapses.

    Gold is a dollar play.

    We're dumping $, moron!

  • I do not know what language you speak but you obviously can not read or write English. You clearly said all gold miners are losing money because of the dollar....not every mine is in the US and not every mine takes dollars as payment. basic business? You need to learn common sense before you study business.....2+2 does not =6

  • Mines are paid according to the DOLLAR price of their product and their costs (paid out) are often in local currencies.

    Prove to me you understand the implications of this.

    I like it when uneducated people like js11111111111 tries to bend his mind round big ideas...

    Interesting that you talk about holding dollars... nobody WANTS to but currently has to because an alternative hasn't been found. This week, India found an alternative.

    Tell me what it was.

  • Why don't stupid americans realize.... WE DON'T USE DOLLARS.

    You use dollars and they're falling in value compared to other currencies.

    You are getting poorer. Wanna know how much poorer. Look how much the gold price has risen... yup, that much poorer.

    We don't hold dollars... My clients dumped their dollars earlier this year. We got out when the getting was good.

  • You dumb fuck,you have been argueing with me non stop saying gold is worth nothing now you are saying the dollar is shit...if you could read you would know I agree on the dollar being worthless. You have no clients,you are broke and a dumb fuck. If nobody held dollars the US would be broke already,China and Japan hold 2 trillion in USD reserves alone...are you a stock broke er ...lol

  • I have always said the dollar is failing... don't you read good?

    Gold is irrelevent...

    Do you understand what I mean whenI say 'gold is dollar play'?

    Explain to me what the phrase means... prove you got a brain and a pair.

    Do it now.

  • You are a dumb american.

    You clearly haven't thought through the implications of the dollar vs other currency effect re. the gold 'price'.

    Do it and I'll reply to you when you have gained a clue.

  • This is ridiculous, the dollar is nowhere near its all-time highs, that would be 1982 when it was 250 yen to the dollar and treasury bonds were paying 15% yields.

  • I hope it does, and also they Nuke L.A. and all those hollywood jerks

  • has any one ever wonder why do u get a recipe when u buy something.Average american doesnt know ill let u find out.

  • I'm going to buy as much gold as I can.

    The old saying is true.

    It's not worth the paper it's printed on.

  • I don't know about gold, but I know that they will have a humangous command center there. They are gonna start building it shortly. It was in the news. So my guess is that the trucks that are comming into the city are full of cement, not gold :) Just my guess..

  • That's great news and all, and there's lots of room available for that, as Fort Knox has been empty and abandoned for a long time now!

    Tongue out of cheek: You don't sound very convincing there, friend, and you yourself don't sound like you believe what you're telling us, either. Nice try, but lame.

  • so you cant reveal anything about your source......sounds kind of fishy to me.

  • It all going to happen this year...

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