Why Governments Will Want Much Higher Gold Prices Soon
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GoldandSilverNow
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Name:
Zim
Channel Views:
15,336
Joined:
Apr 10, 2011
Obama Creates Unit to Probe Mortgage Misconduct by Banks*
http://www.businessweek.com...

Questions and Answers about the Financial Crisis*
http://online.wsj.com/publi...
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Here is the easy way to reach my channel ,
go to Google search ,
type in GoldandSilverNow's Channel ( Notice the Capital G. S. N.)
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Why Buy Gold, Silver, Store Food Now !
1/ Protection Against Devalue Dollars
2/ Protection Against Inflation

It began with a shoot-out at the Circle K Ranch. The 12 best marksmen would ride shotgun as the world's largest, privately owned stockpile of Silver was Secretly transferred into secure vaults.

No, this wasn't a shipment from Nevada's Comstock Lode to San Francisco in the Wild West of the 1870s. This was the 1970s, and the precious metal was being moved from New York to Switzerland.

Shining Silver under a moonlit sky, Three Unmarked 707s waited at LaGuardia Airport. The Circle K cowboys stood guard, shotguns in hand. 40 Million ounces of bullion—amassed by Nelson Bunker and William Herbert Hunt—were loaded in, and the planes took off under cover of darkness to their Secret destination........
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US dollars were backed by Gold and known as Gold Certificates from 1882-1933. Dollars backed by Silver lasted longer, known as Silver Certificates, and were in circulation from 1878 to 1964.

However, both have been usurped by the Federal Reserve Note. A completely fiat, non-free market currency. A currency in which, "This Note is Legal Tender for All Debts, Public and Private" needs to be inscribed and backed up by the full force of the government's guns in order to make it a currency used in regular life.
Also printed on each Federal Reserve Note is a Pyramid with the Eye of Providence (a Freemasonry symbol) on it. Odd, one might think, considering the US has no connection to Pyramids built around the world -- the closest built inside the US are the Mississippian Platform Mounds. As well, no one seems to question why "Novus ordo seclorum" is written below it.

Novus ordo seclorum
translates to
"A New Order of the Ages"




This New Order, the one that has made possible every Major War since the founding of the Federal Reserve, impoverished countless millions and destroyed untold wealth, is coming to an end. The Federal Reserve Note will be lucky to survive past the 100th birthday of the Federal Reserve Act, on December 23, 2013.

The Federal Reserve Note is Dead.......
And so are all the countries that holding the US currency as a reserve, but not Gold and Silver or something else !
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Feature Video *****
Zimbabwe - gold for bread
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People in this country need to learn about the World Bank, the UN, Economic Hitmen, European influence in former colonies, and European placement and control of leaders around the world. Even then people would probably continue to be "intelligent" and blame race. Reality is so far from most.

FACTS: This is what happens when the elite force people into serfdom and/or lure Families from their farms into Urban Cities they forget how to live from the land.They become lazy and depend on the food from supermarkets rather than growing their own food. Sad to say America is heading in this direction. It's going to get more ugly when the .......GREAT DEPRESSiON hits .

Spot price for gold was around $900 an ounce or 28.35 grams. 0.1 gram of gold at that price is $3.18 . The lady said she needs to mine 0.3 gram of gold a day for her family to survive. That means less than $10 a day.

In the year of 1980
$1 Zimbabwe = $1 US Dollar ****
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China has announced it is reducing it Silver exports by 40%. But guess what? Chinese exports of silver are already down 60% from 2009 levels. China is already treating silver for what it is: a rare earth metal.
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Silver (iShares Silver Trust (SLV)) hit the ball out of the park yesterday as it hit a record high exceeding my late January target of $40. Silver has doubled in the past seven months alone. Poor man's gold is making some poor men rich as the US dollar (PowerShares DB US Dollar Index Bullish (UUP)) and long term US debt (iShares Barclays 20+ Year Treas Bond (TLT)) remain under pressure.
22 / 04 / 2011


Buy silver, silver under $100 an ounce is a steal. If you dont own silver you will miss out on an investment of a lifetime. Buy as gifts for your friends & family & it will retain & increase in value instead of a gift that will end up in the trash.
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MY PRIMARY GOAL IS USING MY CHANNEL TO PROVIDE INFORMATION AND KNOWLEDGE RESOURCE TO
HELP EVERYONE TO AWARE WHAT ARE COVERING UP IN THIS WORLD.

WE ALL HAVE THE RIGHT TO KNOW.....
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Happiness comes when your work and words are of benefit to yourself and others ~ Buddha




Take Care ..God Bless ..
Channel Comments
GoldandSilverNow (2 days ago)
..............................­..Gold Jumps to 3-Month High on Options Expiry........................­.......
GoldandSilverNow (2 days ago)
The PRICE of PRECIOUS METALS rose further Thursday morning in London, pushing higher from last night's sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November above $1780 per ounce.
Physical gold holdings backing the giant SPDR Gold Trust last night remained unchanged, however, both from Tuesday's finish and one week ago.


Thursday's New York close marks expiry for March options on US gold futures, with the bulk of traders interest between $1750 and $1800 per ounce.
"The outlook remains bullish with a further gap up today," said a London dealer this morning after the price rose again at the start of European gold trading.
GoldandSilverNow (2 days ago)
"[Relative strength] is confirming the trend," says the latest chart analysis from Scotia Mocatta, with other technical indicators also giving a "buy signal".
"There is good support at 1749...The next [Dollar price] target is 1803, the November high."


In the physical market, however, Wednesday's late "move higher was accompanied by light selling," says today's note from Standard Bank's commodity team -- selling "which was extended by participants in Asia."
"At this price level, most buying is from funds and investors, and there is very little buying on the physical side," agrees a Hong Kong gold trader, quoted by Reuters.
GoldandSilverNow (2 days ago)
European stock markets held flat Thursday morning meantime, after Asian equities dropped 0.5% and Brent crude oil -- the European benchmark -- rose to 9-month highs above $124 per barrel.
Versus the Euro, Brent crude today jumped to new all-time highs above €93 per barrel, even as the Euro currency itself jumped to an 11-week high above $1.33.


The gold price in Euros today recorded an AM London Fix of €1334 per ounce (€42,889 per kilo) -- a price beaten on only four trading days last September, and once again at the start of this month.
"The current February high at €1339 remains in focus," says the latest technical analysis from Axel Rudolph at Commerzbank.
GoldandSilverNow (2 days ago)
"Should it be surpassed, a rise towards last year's all-time high at €1359 should be seen."

Longer-dated government bonds meantime ticked lower in price, nudging 10-year US Treasury yields back above 2.0%, after Germany reported better-than-expected business sentiment.


UK mortgage-lending and wholesale business data also pointed higher this morning, while the giant Royal Bank of Scotland -- four-fifths owned by the state after near-collapse in 2008 -- reported a £2 billion loss for 2011 ($3.1bn), more than half of which came from writing down the value of Greek government bond holdings.
GoldandSilverNow (2 days ago)
Bullion banks trading gold in British Pounds today held the price above £1130 per ounce, breaking November's high and barely 5% below the sharp spike to all-time records of September 2011.
"There is always a case to be made for gold," a Singapore gold trader told Reuters earlier, "as long as the central banks keep taking new easing measures, or keep indicating they will take more new measures down the road."

Dallas Fed president Richard Fisher again repeated on Thursday that he didn't agree with the latest round of Quantitative Easing in the United States, telling CNBC that the Federal Reserve's latest policy comments were "talking down the economy".
GoldandSilverNow (2 days ago)
New jobless claims in the United States last week showed no change from the week before, new data said today.
Continuing claims over the last month have averaged their lowest level since March 2008, according to Reuters.

"Base metals have been exceptionally quiet, with thin volumes and narrow intraday ranges being seen right across the complex," says Thursday's note from Standard Bank in London.
Silver prices rose alongside gold and the other precious metals this morning, but held below $35 per ounce, some 30% off April 2011's record highs.
GoldandSilverNow (1 week ago)
......................Gold's Demise!..................Gold'­s Demise!..................Gold'­s Demise!.......................­..
GoldandSilverNow (1 week ago)
The media drones on and on like some empty, faceless, meaningless noise, and that's on a good day. On a bad day it's like fingernails on a blackboard; this horrible shrieking noise that never let's up. When I grew up I caught the tail end of Edward R Morrow, a chunk of Walter Cronkite and most of Huntley & Brinkley, and it was still news mixed with a lot of truth and little or no effort to shape your thoughts. Now it's all about numbing your brain and getting you to buy some worthless piece of garbage that you really don't need anyway. The financial news is more of the same and the "garbage" they are selling are paper assets. Anything that gets you to do that is good and anything that takes you off of the chosen path is bad. Stocks are good; gold is bad! It's as simple as that.


Of course I demure and I suppose it's genetic. I suspect I come from a long line of folks who spent considerable time tilting against windmills. Some were rewarded; most weren't.
GoldandSilverNow (1 week ago)
I view gold not as some smoky fantasy involving riches beyond my wildest dreams, but as a way to protect myself and my family from a future fraught with peril. In my lifetime there have always been beacons in the darkness, and you could choose to walk toward the light or not. Today with the exception of Ron Paul, there are no beacons.

The truth is the enemy and any truth teller needs to be humiliated into submission. If that doesn't work you accuse him of terrorism, lock him up without benefit of council, and throw away the key. When the government goes after you the very first thing they do is seize all of your assets, everything, and then they put in a "trustee" to oversee those assets. You are penniless and no lawyer will work for free. Often the trustee will use your assets to prosecute you! The US Constitution is but a distant memory.
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