Daily Gold Chat

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Tuesday, October 23, 2018

Brett Star
(KS)
10/12/2018 - 11:28
10/23/2018 - 11:28

"The fact that Russia and China are enjoying war games together...."

Very troubling indeed.

KS. What you suggest may become true......
(Brett Star)
10/11/2018 - 14:07
10/23/2018 - 02:07

However it appears the rest of the world is fully aware of the fraud perpetrated by the United States. With Trump in power the USA is well on the way to the proverbial straw that will "break the Camel's back". The fact that Russia and China are enjoying war games together as well as readying the world's replacement of the US dollar with a Yuan backed by gold should give major banks pause..... I look at it this way, when a country brags about its' military might and knows full well that one of its' enemies has a missile that travels faster than the speed of sound and can render anything on the sea useless, and continues to bluster and threaten....then I know the fundamental power base is about to change. Hang on to your gold!

Fraudsters are emboldened.
(chris-d)
10/11/2018 - 01:09
10/23/2018 - 01:09

We can't have a system that uses tax dollars to support corporatocracy, elite banksters financing globalism, military industrial complex, all which make up the deep state and still be called a democracy. Last time Trump won the election because the people that voted rejected both parties. We are now witnessing what happens to a democracy where good people who want to behave ethically but are ruled over by fraud and unethical behavior that reign supreme. What we have today is large scale financial frauds being perpetuated by many entities using a multiple of platforms. Let it crash. The sooner the better. It makes no sense to embolden ever more fraud. What the USA needs is a hurricane that is 1000 times the seize of Michael going from one state to the next. We have become the most crocked country in the world.

(Brett Star)
(KS)
10/10/2018 - 15:39
10/23/2018 - 03:39

The entire house of cards (world economies) may hit the floor before it is all over. The debt levels of individuals, companies and governments are out of hand expecting cheap interest rates to be their right of passage. Thanks

KS.....The Chinese have a few thousand years of wisdom on Upstart USA
(Brett Star)
10/10/2018 - 08:52
10/23/2018 - 08:52

I have had business in China for more than 30 years. Those who discovered the Chinese market early on, and still in the game are sucking wind....the damage wrought on those who depend on China (because there is no other market) have lost tremendous revenue with the Chinese now buying elsewhere......Trump is an empty suit. And gold? The tide will turn.

Mr. Brett Star
(KS)
10/08/2018 - 19:40
10/23/2018 - 07:40

I agree with you. China holds all the cards. And in their hand is the Old Maid! Trump will Trump in and make make even his worst losers boss! What say you?

KS

Well Here We Go Again
(KS)
10/01/2018 - 17:54
10/23/2018 - 05:54

It took longer than I anticipated but it looks like the talking TV heads have for the most part successfully laid off their gold and silver on the unsuspecting retail investor. Now it may take a bit for the sacks of coins buried in PVC containers in the back yard to get back to par value.

Chinese hold all the cards,
(Brett Star)
08/22/2018 - 16:04
10/23/2018 - 04:04

Today marks the beginning of new trade talks......and with China moving away from United States debt, dollar power will decline and those who buy Chinese made goods are in for a very rude awakening. All planned without a doubt, America will pay off its goverment debt with a less valued currency. It has been done before, but timing is everything.

Banksters wrecking ball in motion.
(chris-d)
07/21/2018 - 16:43
10/23/2018 - 04:43

Our consumption is mostly financed by accumulating debt liabilities to supplement inadequate wages and salaries. Thus government runs massive fiscal deficits, not only to support the income shortfalls of its citizens, but also to enhance corporate profits. In this way corporations enjoy lopsided profits with which they leverage up by engaging in a massive swap of equity for debt. Thus debt issuance keeps increasing, despite record corporate profits. This is done so corporations can leverage up their bookkeeping profits with more bookkeeping profits through repurchasing their own shares with ever more borrowed money by trading equity for debt.

We are in for a depression as soon as this all is forced to unwind.

The primary cause for all of our financial disorders is the fact that banks don't have any money. They lend credit as if it was money, thus the money does not exist in circulation to pay down the debt with. We pay debt with more debt. How is that ever going to reduce debt. We are so smart (stupid) that we have outsmarted ourselves.

July 6, 2018. Trump's Wrecking Ball In Motion.
(Brett Star)
07/06/2018 - 11:47
10/23/2018 - 11:47

With the twilight of International Settlement in US dollars fast approaching, the affect on the price of gold will catch naysayers with their proverbial pants removed...not down, removed whilst they watch open mouthed the ascent of Gold to its real value against the US Dollar's "Full Faith And Credit" . For some reason the Fed has not explained economics 123 to the White House..... and how we manage to print money out of thin air.....
Hold Fast To your GOLD!!!!

Tuesday, October 23, 2018

In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.