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ParticipantGuess who wants to buy IMFs gold…?
Yes, let’s read the headline shall we:
China is considering buying gold being offered for sale by the International Monetary Fund, Market News International said on Monday, citing two unnamed government sources, but the report could not immediately be confirmed.
China IS CONSIDERING…citing two UNNAMED GOVERNMENT SOURCES…COULD NOT IMMEDIATELY BE CONFIRMED.
This article is content-free. Sounds to me like a sheep dog barking at the herd and getting them to run into a pen.
I’m not saying that gold isn’t going up or that there aren’t good reasons for it to do so, I’m just saying that this article sounds like hype intended to stir interest among a group of investors to push it that way.
Of course this is not investment advice, take it as you wish…
ParticipantWe will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
You can’t transport 200 million soldiers from China across the Pacific to the US. The US’s geography will prevent invasion by all countries save one (that’s already going on — and it’s not such a bad thing actually…)
If you’re looking for a model of the collapse of US power, the Soviet Union in the 90s is a pretty good one. Another one would be the British Empire at the end of the 19th century.
Our friends in the mideast might convince us to join a new war with Iran but that will only hasten the collapse.
ParticipantWe will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
You can’t transport 200 million soldiers from China across the Pacific to the US. The US’s geography will prevent invasion by all countries save one (that’s already going on — and it’s not such a bad thing actually…)
If you’re looking for a model of the collapse of US power, the Soviet Union in the 90s is a pretty good one. Another one would be the British Empire at the end of the 19th century.
Our friends in the mideast might convince us to join a new war with Iran but that will only hasten the collapse.
ParticipantWe will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
You can’t transport 200 million soldiers from China across the Pacific to the US. The US’s geography will prevent invasion by all countries save one (that’s already going on — and it’s not such a bad thing actually…)
If you’re looking for a model of the collapse of US power, the Soviet Union in the 90s is a pretty good one. Another one would be the British Empire at the end of the 19th century.
Our friends in the mideast might convince us to join a new war with Iran but that will only hasten the collapse.
ParticipantWe will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
You can’t transport 200 million soldiers from China across the Pacific to the US. The US’s geography will prevent invasion by all countries save one (that’s already going on — and it’s not such a bad thing actually…)
If you’re looking for a model of the collapse of US power, the Soviet Union in the 90s is a pretty good one. Another one would be the British Empire at the end of the 19th century.
Our friends in the mideast might convince us to join a new war with Iran but that will only hasten the collapse.
ParticipantWe will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
You can’t transport 200 million soldiers from China across the Pacific to the US. The US’s geography will prevent invasion by all countries save one (that’s already going on — and it’s not such a bad thing actually…)
If you’re looking for a model of the collapse of US power, the Soviet Union in the 90s is a pretty good one. Another one would be the British Empire at the end of the 19th century.
Our friends in the mideast might convince us to join a new war with Iran but that will only hasten the collapse.
ParticipantAnyway I understand Carter was said to have a high IQ and he sucked big time.
Future high school American History textbooks will summarize the Carter administration as follows:
1977-1980 Jimmy Carter – sucked big time.
ParticipantAnyway I understand Carter was said to have a high IQ and he sucked big time.
Future high school American History textbooks will summarize the Carter administration as follows:
1977-1980 Jimmy Carter – sucked big time.
ParticipantAnyway I understand Carter was said to have a high IQ and he sucked big time.
Future high school American History textbooks will summarize the Carter administration as follows:
1977-1980 Jimmy Carter – sucked big time.
ParticipantAnyway I understand Carter was said to have a high IQ and he sucked big time.
Future high school American History textbooks will summarize the Carter administration as follows:
1977-1980 Jimmy Carter – sucked big time.
ParticipantAnyway I understand Carter was said to have a high IQ and he sucked big time.
Future high school American History textbooks will summarize the Carter administration as follows:
1977-1980 Jimmy Carter – sucked big time.
ParticipantAlso, keep in mind that the truly beautiful thing about gold is no matter how hellish this country gets or how much power TPTB exert, gold will continue to have value across borders. If you wake up one day and Obama has lost what’s left of his mind, and you realize that for your own protection and safety you need to get the hell out of Dodge, good luck relocating to another country with your garden seeds and food. Oh, and you may have to leave that house behind. I, on the other hand, will quietly scamper out with gold in my pockets and in a false bottom of a suitcase. And I will begin anew in a country that is more receptive to my needs.
BWAHAHAHAHA! Do you really think the TSA Gangstaz are gonna let you waltz through security with gold in your suitcase? Hell they’ll call the FBI and DEA and you’ll be found guilty of money laundering, thrown in the hoosegow, and all your gold will get confiscated. And if you do make it through security, what’s it going to feel like checking that box that says “I am carrying more than $10000USD in currency or valuables” on the customs form at whatever country you’re heading into? There are import taxes you know. Maybe you’ll chance it and leave that one blank I guess. That reminds me of my new favorite TV show, by the way — Locked Up Abroad.
If the Mad Max scenario hits this place is going to lock down like a Supermax Prison. You won’t get past the borders with anything, especially something that glows bright white under a metal detector.
I do agree that gold may spike in value very soon if there is a currency crisis. My fears are that the market is so liquid (very little actual metal moves, just paper certificates) and that the addition of ETFs like GLD and SLV have increased the possibility of gaming and manipulation tremendously. Buying coins and bullion might be a good hedge but of course using this in commerce is illegal and is likely to remain so for some time.
Ever read Dmitry Orlov? He lived through the Soviet Collapse and is predicting the same here. He has a lot of interesting info if you really think we’re heading down that path.
ParticipantAlso, keep in mind that the truly beautiful thing about gold is no matter how hellish this country gets or how much power TPTB exert, gold will continue to have value across borders. If you wake up one day and Obama has lost what’s left of his mind, and you realize that for your own protection and safety you need to get the hell out of Dodge, good luck relocating to another country with your garden seeds and food. Oh, and you may have to leave that house behind. I, on the other hand, will quietly scamper out with gold in my pockets and in a false bottom of a suitcase. And I will begin anew in a country that is more receptive to my needs.
BWAHAHAHAHA! Do you really think the TSA Gangstaz are gonna let you waltz through security with gold in your suitcase? Hell they’ll call the FBI and DEA and you’ll be found guilty of money laundering, thrown in the hoosegow, and all your gold will get confiscated. And if you do make it through security, what’s it going to feel like checking that box that says “I am carrying more than $10000USD in currency or valuables” on the customs form at whatever country you’re heading into? There are import taxes you know. Maybe you’ll chance it and leave that one blank I guess. That reminds me of my new favorite TV show, by the way — Locked Up Abroad.
If the Mad Max scenario hits this place is going to lock down like a Supermax Prison. You won’t get past the borders with anything, especially something that glows bright white under a metal detector.
I do agree that gold may spike in value very soon if there is a currency crisis. My fears are that the market is so liquid (very little actual metal moves, just paper certificates) and that the addition of ETFs like GLD and SLV have increased the possibility of gaming and manipulation tremendously. Buying coins and bullion might be a good hedge but of course using this in commerce is illegal and is likely to remain so for some time.
Ever read Dmitry Orlov? He lived through the Soviet Collapse and is predicting the same here. He has a lot of interesting info if you really think we’re heading down that path.
ParticipantAlso, keep in mind that the truly beautiful thing about gold is no matter how hellish this country gets or how much power TPTB exert, gold will continue to have value across borders. If you wake up one day and Obama has lost what’s left of his mind, and you realize that for your own protection and safety you need to get the hell out of Dodge, good luck relocating to another country with your garden seeds and food. Oh, and you may have to leave that house behind. I, on the other hand, will quietly scamper out with gold in my pockets and in a false bottom of a suitcase. And I will begin anew in a country that is more receptive to my needs.
BWAHAHAHAHA! Do you really think the TSA Gangstaz are gonna let you waltz through security with gold in your suitcase? Hell they’ll call the FBI and DEA and you’ll be found guilty of money laundering, thrown in the hoosegow, and all your gold will get confiscated. And if you do make it through security, what’s it going to feel like checking that box that says “I am carrying more than $10000USD in currency or valuables” on the customs form at whatever country you’re heading into? There are import taxes you know. Maybe you’ll chance it and leave that one blank I guess. That reminds me of my new favorite TV show, by the way — Locked Up Abroad.
If the Mad Max scenario hits this place is going to lock down like a Supermax Prison. You won’t get past the borders with anything, especially something that glows bright white under a metal detector.
I do agree that gold may spike in value very soon if there is a currency crisis. My fears are that the market is so liquid (very little actual metal moves, just paper certificates) and that the addition of ETFs like GLD and SLV have increased the possibility of gaming and manipulation tremendously. Buying coins and bullion might be a good hedge but of course using this in commerce is illegal and is likely to remain so for some time.
Ever read Dmitry Orlov? He lived through the Soviet Collapse and is predicting the same here. He has a lot of interesting info if you really think we’re heading down that path.
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