goldandsilverblog.com still think there is no shortage?
US Mint Suspends Gold/Silver Orders due to lack of supply….
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I chose junk silver as it is recognizable and legal U.S. currency in demoninations small enough to be efficent, and because silver has more upside potential. I’d own some gold as it is easily transportable.
silver should go up much more than gold because silver is heavily suppressed.
so what happnes to the price of gold when the imf decide to sell there reserves into the market?
you mean like the 3 or 4 other times they’ve threatend to do the same thing?
If the IMF sells its gold – the IMF is broke.
If you were planning on selling something – and you know the price would get smashed if you did… would you announce it to the world before you did it? Are you not doing yourself a disservice?
Old IMF trick… and getting very tiresome
im reading an article, they wanna sell it in small quantities as to not disrupt markets, im guessing thats another very tiresome trick
My mate calculated from Memory, vague memory, Theres 3200 tons of gold the imf have thats about 1 billion dollars worth, My guess prices would drop 10% but it may trigger a sell off short term on the paper side supressing prices further. If this happened it would be an even better buying oportunity and a gift, We are entering the sesonal low so prices short term should drop. Last year shortages developed when we hit the lows. less sellers more buyer when its low.
this is coming fast but i still think the CATALYST will be huge. It wont be about mints searching private supply for scaps it will be something very very big to make THE CHANGE
The manipulation is like a beach ball under water, once its gone prices will rise very fast. Seasonal low approaching but is there going to be metal avail. How I see it you better get in before june. Short term the weak hands are selling, Lower price) then the strong hands will buy. Consoldation) Short term silver could go as low at 9$ gold to $800, but will u get any at that price?? Buy a little here and there to the bottom.More buyers at bottom less sellers.
5 mate for the video and information.
And this turned out to be an interesting convo by some of your viewers.
Based on $1,000.00 per ounce, there is 4 Trillion dollars worth of Gold World Wide. Once that amount has been bought there is no more to be bought. The price for precious metals will now increase exponentially and drive investors to buy and sell worthless PAPER stock called gold on the markets driving demand and prices sky-high…the effect will kill the world currencies, and in particular, the FIAT currency known as the US Dollar. The timing of the G20 meetings with the IMF is quite alarming!
All currencies are tied to the US dollar and therefore will decrease in value because they are based on themselves Legal Tender and not a precious metal.
Is the IMF trying to push inflation higher, because we will be vulnerable to a currency collapse and hyperinflation to an extremely devalued currency.
they give the imf more money, oh my god.
Christianity is a hoax. Christianity is Roman war propaganda against the Jews and nonwhites. New testament was written by Romans to demean and destroy Judaism. Titus Flavius who destroyed the Jewish Temple commissioned the Christian hoax as a replacement for Judaism. Titus’ Flavius military campaign against Jerusalem was transformed into Jesus’ ministry against Judaism
Search Joseph Atwill author Caesar’s Messiah
See video- watch?v=dCNJf83bqjs
I have a theory that no matter what we do, they, the major owners, will always be one step ahead. Alot of gold owned by the U.S (for instance) may not even be on an invantory. The U.S stole tons of gold from Germany and Japan after the 2nd WW. The same happened in Iraq this time around. So who even knows what the truth is about the held amounts. I know what I have and that’s all. If we all buy more P.M’s it can’t be a bad thing long term though
Caffein/ Vit C/ Paracetemol and sleep, John
And lets all remember that many many pallets of Gold stored in the basements of the world trade centers officialy vanished back in 2001. I don’t know about the rest of you but I for one do not believe that story for one second.
It would certainly be nice to have closure on so many of these issues. I guess the best we can do is pressume the worst and make our plans based on that. It’s always better to be ready for something that doesn’t happen than being unprepared for something that does.
i went and got 40 oz today fr perth. surprisingly the price dropped. very happy. i’ll try and get more
did u ask for more and they only rationed 40oz?
Hi ShillBasher, I don’t know where you live but if you can “BUY” a copy of “Loose Stones”, it’s about the 9/11 conspiracy, some of itmay answer your questions or You Tube 9/11 conspiracy, i pretty sure that it is banned in Australia, some of the info in it will blow you away, Good luck
google:the obama deception
nuh i bought what i could afford. but they had no 10 oz.
I read from the US mint that they were only stopping their collectable items due to the demand for normal SAE&GAE
John looks like you have bed head, comb your hair mate you are a youtube star now!
The US mint states the shortage exists due to “unprecedented high demand”. Just because demand has skyrocketed in the last year how does that mean the amount of supply has changed at all?
For the most part, the U. S. Mint is no longer concerned with turning out quality coins. Like the makers of baseball cards, the mint is going for volumn, even though the coins are crap. Shame on them for not making a 2009 Silver Eagle Proof coin.
Interestingly enough, Fort Knox boasted it’s holdings of 7000 tons of gold bars. The Chinese claim U.S. sol 2000 tons in ’07 and 3000 tons in ’08, some of these bars sold to china and russia were the supposed plated tungsten bars. So, it’s possible the U.S. has no wealth whatsoever to date.