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The reason for more contracts is that speculators are entering the markets hoping to make a profit. They don’t want to take delivery, it is simple as that. Remember this is primarily a paper/trading...
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Holter made the statement that the FED will reverse course, dollar will collapse, then the result will be hyperinflation. Well that course of action worked real well in Japan the last 25 years and...
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I have been hearing this for years. Holter stated in 2014 that the COMEX would be out of business in 2 weeks. It didn’t and it won’t. The promoters of PMs use the ploy equating the COMEX as if it were...
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“RECAPITALIZE their treasuries”? You can’t have the yuan to devalue if you recapitalize the treasuries with gold. This would cause the yuan to rise which is the opposite of what they want. This site...
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It is amazing to me how the PM dealers use fear porn to market their products. If they actually thought that the metals are going to rise in price way to the upside, why would they be selling their...
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China is not going to a gold backed currency as it would cause the yuan to rise in value and completely make their exports uncompetitive. These people promoting this crap know nothing how...
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jj has seen the light. If the PM dealers really thought gold and silver were going to such inflated levels, why are they selling their inventories? If they hold and if they believed in their claims,...
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This guy doesn’t have a clue. First of all the FED did raise the discount rate from .25% to .50%. What is the discount rate? It is the rate FED member banks charge each for overnight loans but it is...
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Those people like Willie and the PM promoters who are spouting the gold backed currency propaganda don’t have a clue what they are talking about. If Russia and China did this their currencies will rise...
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Total nonsense! If Russia and China were to back their currencies with gold, their value would rise and absolutely destroy their export market, Russia’s oil and gas and China’s manufacturing. In...
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So many people have bought into this propaganda by the PM promoters concerning the COMEX and most do not understand it’s function. It’s used to hedge by miners and others who have inventory and by...
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I don’t believe in most of what he says in his interviews especially $10,000 oz gold and China and Russia going to a gold backed currency. This will not happen because the value of their currency will...
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This is all nonsense as the actual IMF transcripts did not say that they wanted to engineer a Greek financial crisis and for it to spread to Europe. What they actually said that the Greece debt could...
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BS! In reply to - The Doc wrote a new post, Fed Convenes “Emergency Meetings”: Has The Next Financial Earthquake Begun? The Fed announced a series of three “expedited procedure, closed” meetings Monday...
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This is all nonsense! China is not going to a gold backed currency on the 19th or on any date for that matter. This would cause the yuan to rise in value against others currencies making their exports...
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You are missing the point. After the last financial disaster, most countries in 2010 wanted and voted to use a trade settlement mechanism that was not tied to any one country. Hence the SDR. Most...
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As I have stated before, China and Russia are not going to a gold backed monetary system because it would cause their currencies to rise in value, destroying their exports markets, ( China’s...
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Richards stated that the gold was owned by the FED which is false. Two he said that the gold was transferred to the Treasury and Treasury issued gold certificates to the FED and in one interview he...
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You silver sheeple are being set up. Secondly the Dow was not being propped up by the FED. As the world economy slows and banks in Europe and South America are in trouble , large capital flows have...
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