Blatant Banker Manipulation Of Gold Prices

One ounce bullion still being sold $200-300 above spot value, proving official spot price is divorced from reality

Blatant Banker Manipulation Of Gold Prices 131008gold

Paul Joseph Watson
Prison Planet
Monday, October 13, 2008

Despite the dramatic fall in gold prices from Friday’s high of around $930 an ounce to today’s current low of $830, sales of actual physical gold continues to trade for anything up to $300 over spot price, proving again that official COMEX gold future numbers are completely divorced from reality and banker manipulation is rife.

Panic buying of physical gold has gripped Europe as consumers fear their savings accounts are no longer safe in light of numerous bank failures, prompting dealers to run dry on gold bullion which in turn is driving up premiums.

Since buyers are finding it near impossible to get gold bullion from recognized dealers, many are turning to Ebay where auctions for one ounce Krugerrands and Maple Leafs are fetching anything up to £150 ($260) over spot price.

Over the weekend, when gold was around £500 an ounce, a Krugerrand went for £645.75. A one ounce bullion bar, with nearly 3 days of the auction still to run, has already attracted a bid of £670 - a whopping $336 above current spot price, despite the fact that bars are usually subject to lower premiums than gold coins.

(ARTICLE CONTINUES BELOW)

Respected bullion dealers who charge lower premiums because they are able to buy gold in bulk are still slapping customers with $150+ premiums - and judging by the continued dearth of one ounce coins such as the American Eagle and the Austrian Philharmonica - people are perfectly willing to pay the exorbitant premiums.

The true value of gold is what people are prepared to pay to obtain it, and judging by that criteria, the actual value of gold is currently around $1,100 an ounce based on a conservative estimate.

The official spot price of gold is currently around $830, but this merely represents a rush by investors to sell their paper contracts in search of liquidity and as a means of jumping back on the stocks and shares bandwagon.

As Alex Wallenwein at The Market Oracle points out, “Gold is gold, paper is paper, and “Comex gold” is nothing but paper masquerading as gold while simultaneously pretending to be the price-setting medium for actual gold in the world. Now, finally, Comex-gold is in the process of being unmasked.”

“Real investors in real gold are enjoying their shopping spree – except that the spree turned into a treasure hunt as the shelves and display cases of gold dealers look more and more like the supermarket shelves in the old Soviet Union - bare.”

“With this split, this disconnect, between Comex illusion and gold reality, one thing or the other will have to give, and it won’t be physical gold that gives.”

Numerous fund managers and top investors like Jim Rogers are now predicting that global central banks’ insistence on printing their way out of economic turmoil is setting the stage for a hyperinflationary holocaust, a knock-on effect of which will be gold’s acceleration towards $2,000.

But as many have pointed out, gold price manipulation is rife as central banks desperately attempt to stem the flight from paper currencies into gold, a process that anecdotal evidence strongly suggests is happening across Europe at an alarming pace.

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51 Responses to “Blatant Banker Manipulation Of Gold Prices”

Line in the sand Says:
October 13th, 2008 at 9:42 am
BREAKING NEWS!!

Just got a call from a private source, but 99% credible.

Eight days ago (news was held up while source was in the field), the National Guard Armory in Pocatello, Idaho was seized by the U.S. regular Army and stripped of all weaponry. Everything from long range cannon to small arms.

These guys are the 148th Field Artillery Battalion They stripped it of all weaponry and ammo.
The CO asked “Why?” and was told “There’s gonna be a party this winter and you’re not invited!”

He was led to believe that this was a national happening, not just that armory.

I’ve called 5 other NG bases, but (for some odd reason) have received NO answer.

Any of you that have the ability (or strings) get on the phone and see if there’s verification from any of your sources.

[ Edited Sat Oct 11 2008, 06:02PM ]
Ken Says:
October 13th, 2008 at 10:05 am
When Religious people/cults can’t argue against the words in their Bible, they attempt to rationalize the words by claiming they don’t mean what they say. But that’s only when atheists quote the scriptures. When Religious people/cults quote the bible, suddenly it means exactly what it says. That’s called heresy when you take some divine law and twist it to support your doctrine. Jesus, is simply a Devil who grants redemption for the atrocities committed by his followers.

I contend that we are both atheists. I just believe in one fewer god than you do. When you understand why you dismiss all the other crazy gods, you will understand why I dismiss yours.

Yesterday was Sunday, did you go pretend to drink the blood and eat the flesh of some idiot like a brainwashed cannibal? crazy barbaric rituals or is this saved for a really special barbaric ritual day. Do you wear a torture device around your neck like some brainwashed follower lunatic in worship of a dead lunatic who supposedly floated away from Earths gravity? Do you have a superstition that says you have to worship some idiot to attain some crazy afterlife? Both hell and heaven are superstition one attains only through dictator worship, barbaric rituals and irrational superstitions. Superstitions and rituals come from brainwashed religious people.

RELIGION = DICTATOR WORSHIP

God is a sound people make when they’re too tired to think anymore and religion is a MIND VIRUS, passed from one idiot to another.

I am a male homo sapiens sapiens, an upright walking animal, that roams planet Earth using reason and logic to navigate my journey through life so that I may bring truth an justice to light for those that cannot.

I do not kneel before any dictator here on Earth or some magical dictator in the sky; you are the idiot who does that.
Rich Says:
October 13th, 2008 at 10:12 am
The head of the beast accidentally shows itself. Pay no attention to that man behind the curtain. Ron Paul for President.
Kev Says:
October 13th, 2008 at 10:17 am
I bought my gold from Eurogold, Brussels on October 6 at 635 euros/troy oz ($852). After reaching 680 euros last week it is now officially down to 610-620 euros. But the eurogold.be website has not been updated since October 7 (they used to update every morning). In Germany they ran out of gold to sell. Something’s wrong with the pricing.
patrick Says:
October 13th, 2008 at 10:20 am
Hey Ken! You’re using inductive logic, and ad hominem in your one sided argument. Both are illogical. I suggest a critical thinking class before voicing your linear thinking. And with whom are you arguing? hmm…
End Times Says:
October 13th, 2008 at 10:42 am
Mr. Ken, This is Revelations in action: The world will MOURN over the fall of the Great Financial City as they look at her going up in smoke (New York City).
What is happening is punishment for those who support killing unborn babies, homosexual acceptance, sexual promiscuity, greed, self-will, recognizing the creation more than the creator. Before this is over you WILL BE HUMBLED TO THE DUST dear sinner, laugh now and you will mourn tomorrow, rebel-rouse now and you will be on your knees tomorrow, feast now and it will famine tomorrow, greediness today and it will be begging tomorrow. REST ASSURED YOUR GOVERNMENT HAS NO CONTROL OVER THIS AND IN NO WAY CAN CHANGE THE OUTCOME. GOD HAVE MERCY ON Kens Soul.
Charger John Says:
October 13th, 2008 at 10:52 am
I have attempted to purchase any type of silver coin for over three weeks without luck. All dealers are out of product.

My plan B is cases of ammo and hi cap magazines.

My plan c is bulk grains. (non-Monsanto)
Billy Blaze Says:
October 13th, 2008 at 10:58 am
You guys can still get silver try apmex, monex, and ebay
Howard from The American Bastille, U.S.A. Says:
October 13th, 2008 at 11:40 am
Hey Ken, You need to see the DVD “The Case for a Creator,” I just got my from Amazon.com. Check out the part about micro-organisms and how they are complex living MACHINES, with motors, rotors, propellors, etc. These are terms that your atheist-agnostic, cold, emperical scientist friends use, not my terms. once you come to realize that Man did not come from a pool of slimy ooze, then you can climb out of the slimy pool of ooze that your brain has been in for so long.

On second thought, you must be a zionist troll, considering how you posted an unprovoked comment like that. However, I’m sure you’ll just ignore another insect goyim like me. You probably also receive a paycheck from Prisonplanet.com, as any posts I make regarding the first 15 centuries of Church History seem to end up in the black hole of cyberspace, yet atheists, agnostics, zionist trolls, and other forms of God-hating comments are spewn all over the place, provoked or unprovoked, it does not matter.

Holy Mary, Mother of God pray for us sinner, now and at the hour of our death. Amen.
Howard from The American Bastille, U.S.A. Says:
October 13th, 2008 at 11:44 am
Oh yeah, the real reason I checked this article; gold may be well be made illegal again, as FDR mandated in ‘33. It would make sense; let the sheep buy, buy, buy. Then, pull the rug out from under them. And here’s the kicker; make the penalty DEATH for anyone who refuses to hand over their gold. It is completely plausible when you consider that all forms of wealth need to be confiscated to make certain satanic individuals content. Limbaugh once joked about the complete confiscation of money, and I never forgot that comment.
a_consumer Says:
October 13th, 2008 at 11:46 am
Ken is right -

religion is a smile on a dog
IRISHMAN Says:
October 13th, 2008 at 11:52 am
@Line in the sand; These are “covert” operations being done to our own people. Our time is here, we will have a historic chance to take on an ultimate evil. The alternative is to accept that our indentured servatude is no longer acceptable to the elite and now they just want you out of the way. Are you getting out of thier way? I just hope people are preparing for this instead of writting comments on the internet. Water purification device, decent assault rifle, dried meat,canned food and concealable side arm. Also you are going to need something few have, the ability to see clearly what needs to be done and doing it. What we need to start doing is asking why this is being done no longer what if… Anyone who has done thier homework should know this is happening all over our country. Red Dawn anyone. POWER TO THE PEOPLE!!! DEFEND OUR CONSTITUTION, AT ALL COSTS. Its not the Russians we better worry about, its the monster we built.
IRISHMAN Says:
October 13th, 2008 at 12:19 pm
For those arguing religion; Is it just me or is it incredibly ironic that I see more people on this site trying to prove the existence of a God by using the scriptures to argue with thier fellow man, rather than arguing about the fact that we are on the fucking Titanic. If there is a higher power it does’nt seem to be involved with stopping us from supporting the murders of the poorest people on Earth. On judgement day are you going to say,”Well I had to pay taxes to a tyranical power in order to support this behavior because I am an American.” If we dont support these actions than why are we paying for them, possibly because the people of America are being silenced and robbed. I wish people had enough insight to see that we are Gods representitives on Earth and regaurdless of where you stand, you better stand up and be willing to die for what you believe in. Dont follow any program that excludes you from being what you are, God is us. We can create and destroy. So why are we taught to always hand the ball off to those we dont trust. That is not divinity, thats cowardace.
Good Times Says:
October 13th, 2008 at 12:50 pm
Lol, thanks End Times… Always am looking for a good laugh in the comments boxes.

Of course an unconditional and loving ‘being’ you call God condemns the way he makes his creatures. Of course by ‘unconditional’ love, that means as long as you follow the conditions in the bible, you are loved and saved.

The happenings in this world are the consequence of the design of our current matrix, and its primary designers are the ones making it so. The thing is we can take back that power anyyytime we want.

Or we can keep giving it away to good ol’ Jesus and Friends.
Peace
Felipe IV Says:
October 13th, 2008 at 2:52 pm
Derivatives at the heart of the crisis, catastrophic losses are inevitable, financial system headed for oblivion, the new world disorder, EU doomed, Credit Default Swaps at the heart of the problem, Plunge Protection Team history, coverups for globalization failures, Bloodbath for the Yen…

http://www.trippingelsalvador......ng-to-blow
Louis Says:
October 13th, 2008 at 3:31 pm
What if anything is there that isn’t manipulated by others beyond my control? Stock up on gold and the govt will declare it illegal– invest in the stock market, naw others control the prices–start my own food garden, naw will probably have to kill to keep the produce–stock up on canned goods, naw will probably have to kill to keep them–stock up on weapons, naw govt will come and take away the weapons as they did in katrina–strengthen my faith in a loving creator (YHWH), NOT THATS SOMETHING THAT NO ONE CAN TAKE FROM ME IF I DON’T WANT TO GIVE IT UP. My question for all those out there that have such a fit anytime someone mentions GOD- is why does it bother you so much, surely my belief doesn’t affect you. You teach evolution as if its law, yet many scientists are denying evolution and believing creationism as it fits discovered evidence far better. Many hate “religion”, fine personally i feel “religion” is hog wash, but belief in God (YHWH) is a different story. Do i believe in God (YHWH)? Yes Do i intend to stock up and defend what is mine? Hell yes.
steve Says:
October 13th, 2008 at 3:32 pm
buy futures @ 839 ounce take delivery can buy mini contract @ comex sell for 1000 min
Tod G Says:
October 13th, 2008 at 3:36 pm
I saw a chart of gold normalized to Sept 2007 dollars, back to 1913. Sometimes it is above the median line, sometimes below. But the average expressed in 2007 dollars was fairly constant over this long period. I was about $400-$500 an ounce. That’s it. There were two periods when it went significantly above that average, around 1980, and NOW.
steve Says:
October 13th, 2008 at 3:42 pm
buy futures, take delivery- $839 per, can sell $1000 min can get mini contract @ comex dec gold easy money
John Says:
October 13th, 2008 at 3:44 pm
Wait a minute now,gold values are determined by the same guys that determine currency values so it should be no surprize that the market is being manipulated upward though people are being hoodwinked to think it’s being manipulated downward.What is gold actually worth?It’s only worth what someone will give for it.A clue to its real value is the stuff is everywhere and for the man on the street about the only thing he can do with it is look at it and go “Oooh!”.Gold is a NOBLE metal,don’t get conned by the nobility into thinking it gives you any financial strength.I have heard many pitches by proponents (sellers) of gold and silver.Many of them will weave some biblical reference into their dialogue,but i’ve never heard them quote the scripture that says “In that day men will cast their gold and silver into the street for it has no value whatsoever”.This scripture is before The End and not after.Beware of the money changers..especially the sincere ones,for sincerity is the easiest emotion to mimick.
MARIA Says:
October 13th, 2008 at 4:19 pm
Well I could not afford the gold, but I did manage to buy some silver. Let’s hope it goes up. Lololololol
J.Quincy.A. Says:
October 13th, 2008 at 4:34 pm
I love to see all the naysayers on here tell you that holding physical reserves of gold is meaningless. Why? well they want to misdirect you. First of all Gold will always have value and you may not get your investment back in terms of a stock dividend, etc. However, imagine what would happen to gold if the US Currency actually crashed? Paper is absolutely worthless at that point. Look at Germany when wheelbarrels of cash was still not enough to buy wood for a fireplace and money was burned instead to heat your house. Funny… not really, paper money is worthless in a crash period. GOLD will protect you in the short term and long term if anything happens, therefore it is a wise safety net. Also, if you cant afford Gold, then silver is second place and will easily get you out of any short term jams that might happen if Fiat currencies go under. Is there any Fiat Currency that has outlasted Gold or Silver? Anyone? Going once, going twice… it has never outlasted gold or silver period.
transduction Says:
October 13th, 2008 at 4:57 pm
John, please shut up with your Biblical crap, and go pick up a book on economics. Gold and Silver has a “true” intrinsic value, it will never be worthless because it has industrial uses. Your stupid quote from the Bible about “people throwing gold and silver in the street” is a load of BS, you’d better buy some while it is still affordable. Don’t think “God” is going to save you from the NWO buddy, he has a history of not doing shit, just think of the Holocaust and all the genocides that have happened over the centuries, you either protect yourself or become a victim of this NWO controlled system…..
"C" Says:
October 13th, 2008 at 5:47 pm
!!!..SILVER and GOLD..!!!

Oh!!!..SILVER and GOLD..!!

!!!..BUY IT AND HIDE IT from the ALL-SEEING EYE..!!!
one of the EYE’S is of course: ‘Kneel to bald Cash n’ Carry Nazi….700 billion Goose-steps & counting. . . . . . . . . . . . . .. .. . . . . . . . . . .. . .. . . . . … . . . . . ……………………………..

#22 Maria you made a Great Buy/ Silver will GO UP PLENTY!
JSSmith Says:
October 13th, 2008 at 5:58 pm
Fine! Don’t sell your Gold and Silver to these rip-off artists! Trade it with your neighbors and your neighborhood businesses instead! Local economy, sound economy!

-JSSmith
JSSmith Says:
October 13th, 2008 at 6:17 pm
I think the Wicca have had right all along! “Self-Empowerment” through knowledge. I never quite understood why wiccans had the beliefs they did, but I can see why! Empower yourselves, not the systems of control! ( Like man-made religions! ) The God ( or gods ) didn’t create doctrine nor religion, the human control freaks did! Let’s help ourselves and each other, church and state are lost causes!!!

-JSSmith
steve Says:
October 13th, 2008 at 6:43 pm
buy gold futures for dec @ $839===== take physical delivery in dec — cant find gold on the street for less than $1000== can get a mini contract on chicago board=== see details at GATA WEBSITE under ” GOLD IN THE HANDS OF THE PUBLIC IS AN ENEMY OF THE STATE” ARTICLE ====BEAT THE FED AND THE CENTRAL BANKS AT THEIR OWN GAME!!!! CHEAP GOLD
Felipe IV Says:
October 13th, 2008 at 6:51 pm
An this my friends is at least the begining of the party as it unfolds from the current events, since despite the euphoria of the Dow Jones today, the meltdown continues…

http://www.trippingelsalvador......-beginning

All these announcement of bailouts in every country to rescue the bankster will ultimately result in an hyperinflationary situation or stagnatation of the economy with high prices, less production and mass unemployment all due to the will of polititians to save tha asses of their rich supporters
Patriot X Says:
October 13th, 2008 at 6:53 pm
Lets argue about some shit that none of you have control over. If you think buying metals will save your ass you better wake up. The same people who sell that shit to you are the same people who steal it back from you. Money is not what will save any of you. Even the people that can say, “I am a deca-millionaire” are still no one. All you people that may have a million or more still aint shit to the ones responsible. When are pathetic economy crashes the ones responsible will no longer be here. They are purposely sucking every penny out because they want this collapse. I laugh at the rich who think their money will save them.
John Says:
October 13th, 2008 at 7:47 pm
To Transduction:The biblical reference was made because the powers that be are following in its foot steps…of course you would have to know something about that to SEE.Did I say God or Jesus was going to save me or the church going deceived out of any jam?No.According to scriptures God creates a good thing and then sends or invites Satan ( that Rebel..who does everything he’s told) in to rip thru it.As you can see this is not the typical view.To me,being able to look thru the hype and SEE the con is alot more valuable then that pretty gold stuff you’ve been conditioned to think is going to Save your butt in these days when all the rules have changed and the long built plan is nearly ready to be executed…along with the value of precious metals.The world is full of gold.While the peasants run around trying to find the coin,the Nobles have it in tower stacks of bars for nostalgias sake.If you can find someone to trade your gold for needed things then you’ll find out what golds intrinsic value really is.In the meantime play your gold for paper game and chant the handed down cliche-goldhasvaluegoldhasvaluegoldhasvalue…just what they want you to think!
Yhan Leal Says:
October 13th, 2008 at 7:55 pm
I just left my big corporate bank for a local community based bank, feels like a good start.
John Says:
October 13th, 2008 at 8:04 pm
And another thing about gold,in particular its having intrinsic value for its industrial uses:When industry stumbles what then?Think damn it!
Wizard of Oz Says:
October 13th, 2008 at 8:52 pm
until the USA starts growing a pair and polices it own how can the rest of us get a free market. All it takes is just one instant and the world might start to change
C.M. Says:
October 13th, 2008 at 9:06 pm
Wonderful. I bought GLD last week Monday. Was pleased with the progress until Friday, shocked out of my wits! There’s no place to make money in the market when this happens. Obviously they’re cutting us all off at the pass and manipulating the market.
C.M. Says:
October 13th, 2008 at 9:07 pm
Another thing to note, the gov’t will confiscate the Gold Eagle and pay $50 an ounce for it in a national emergency. Another way for them to get at your assets.
Norman Says:
October 13th, 2008 at 11:38 pm
I cashed out of my stock positions. I bought GLD which supposedly mirrors the price of gold bullion. With all the buying of physical gold coins and bars, I thought that gold in GLD should hit new record highs. It did go up temporarily, but it has since lost money. After reading about complains silver futures manipulation complains to the US government and a pending investigation, I sent an informal complain email to add paper gold to the list. I told them they could find out if gold ETFs and gold futures prices are either being manipulated lower by someone or is it a legal selling of gold positions like hedge funds force to sell to cover bad derivative investments. I would not be surprised if the Federal Reserve is not only manipulating the US Dollar by propping it up, it is using banks and intermediaries to prop down paper gold. I know the Federal Reserve has a mandate to create an environment for an orderly financial market, but does it have a right to interfere with the gold trade? If they are artifically lowering the price of paper gold, they must be lowering silver futures, too. The gold/silver price ratio is at a all time high. According to the Web, silver can not be found on the shelves either. Many people like me have lost l a lot in the stock market due to the negligence of the Federal regulators of the financial system. Investors like me scramble to find a safe haven to invest money in. I hope the world governments are not causing investors like me from making a honest profit by committing illegal acts to protect their currencies/financial system. It wouldn’t be fair.
ken Says:
October 13th, 2008 at 11:50 pm
US TROOPS = NWO FASCIST WAR CRIMINALS

US TROOPS = NWO FASCISTS

US TROOPS = NWO

US TROOPS = FASCISTS

US TROOPS = WAR CRIMINALS
Mark Says:
October 14th, 2008 at 12:19 am
This is nonsense. I live in Australia. I own Gold. I can walk into ABC (Aus Bullion Co.) right now and buy 1 ounce Gold at $20 premium to spot. If I want to sell it back to them I’m gonna get exatly a $40 discount to spot. If you don’t believe me - then look it up.
http://www.ausbullion.com.au/liveprices.html

The price of Gold IS being manipulated - but it is being done by Central Banks with physical Gold reserves as much as anything else. They stock up on reserves leading into a crisis and dump Gold into Bear equities markets to ensure that liquidity is not lost to physical precious metals. Fiat currencies came off Gold standards precisely because Govts/Central Banks know that the price of Gold is easily manipulated. They are doing it right now. WAKE UP!!!
Barbie Says:
October 14th, 2008 at 2:36 am
@Ken

The one who sais doesn`t know and the one who knows doesn`t say.
kyle Says:
October 14th, 2008 at 12:24 pm
Gold is gold, buy gold, while you can.
JanissaryAustin Says:
October 14th, 2008 at 4:10 pm
Norman & CM, I can’t bring myself to invest in GLD or SLV. The ever increasing disconnect between paper gold and street gold prices, combined with the outright theft and fraud we’ve witnessed from our ‘greatest’ public and private institutions has destroyed my trust in these vehicles. I’m sticking with physical and trusted dealers, craig’s list, and pawn shops. I’ve found several pawn shops willing to deal for straight cash without taxes or records. You just have to sniff them out and show them you’re serious…Best of luck, CD
James Says:
October 14th, 2008 at 6:31 pm
I think I am going to be sick ! This whole affair with the economy and the stock market is so sensless.The only legitimate reasons for an economy to collapse is some sort of massive disastor ”,generaly speaking a huge natural disastor” or a true shortage of natural resources.As long as people have needs,the economy of a nation or world should be just damed fine ! Since the people of this country,”and the world for that matter,” have not suddenly become needless,the only explanation for this so called financial collapse is that it is intentional.If an economy of global proportions can be so manipulated by such a small minority of psychopaths as the NWO,then it means that there is something intrinsicaly wrong with that economy.

It is high time to allow this old capital based economy to die and make room for a need based economy.Forget the damed gold,the stocks,the bonds and the securities.People need food,clothing ,shelter,water,means of transportation,medical care and other needs that do not change.Our ability to sustain ourselves and pursue happiness should not be dependent upon the whims of wallstreet,nor upon uncontrolable and often fictional market laws.
NY Bank Meister Says:
October 14th, 2008 at 8:47 pm
We are going to continue to fuck you hard. So pull your cheeks apart and get ready for some lube and a GIANT PENETRATION. We Love you. We Love FUCKING You. Lets us FUCK You up the ass OVER and OVER and OVER again ! ! !
Ben Says:
October 15th, 2008 at 2:38 am
If there was a legitimate shortage of physical gold then there would be a severe drawdown of inventories on the exchange as investors take delivery. This is something that may happen down the track but at the moment the high prices that dealers are charging looks to be a fabrication issue with coins and small bars.
Washington Says:
October 15th, 2008 at 12:36 pm
Gold will not save anyone. Just as Franklin D. Roosevelt did in 1934, when the economy falls and the dollar is destroyed, our assigned dictator will again confiscate the gold and it will be illegal to own gold. They will confiscate it, give you $400 an ounce, then they will re-introduce it at $ 600 an ounce.

They paid $ 20 an ounce in 1934, then re-introduced it back at $35 an ounce. How interesting that we still don’t learn from history.

Invest in China or India, they are the next big economic powers.
zendik8 Says:
October 17th, 2008 at 11:38 pm
SILVER BULLION!!!!! PEOPLE, GET A CLUE! TOO MUCH VALUE IS STORED IN A OUNCE OF GOLD. -EVEN A TENTH OF AN OUNCE. SILVER BULLION IS ABOUT TO EXPLODE ONTO THE SCENE AS THE “REALISTIC” REAL MONEY AND WILL REGAIN IT’S 10/1 RATIO TO GOLD IN ONE YEAR. MARK MY WORDS. (NOT TO MENTION THAT IT ALSO HAS TREMENDOUS INDUSTRIAL USE VALUE WHEREAS GOLD IS JUST…..GOLD. )

SMART PEOPLE BUY SILVER BULLION. IT’S ABOUT BEING REALISTIC PEOPLE.
WOULD YOU RATHER HAVE YOUR WEALTH TIED UP INTO ONE UNIT OR DIVIDED AMONGST MANY UNITS.

RIGHT NOW YOU CAN BUY ABOUT 64 OUNCES OF SILVER FOR WHAT YOU’D PAY FOR
1 OUNCE OF GOLD.
SMART PEOPLE ARE STOCKING UP ON THE WHITE GOLD.

THIS IS SO COMMON SENSE THAT IT’S A SHAME I HAVE TO TELL ALL YA ALL TO SMARTEN UP.
bubba's guns Says:
October 18th, 2008 at 4:37 pm
In response to:
Washington Says:
October 15th, 2008 at 12:36 pm

Gold will not save anyone. Just as Franklin D. Roosevelt did in 1934, when the economy falls and the dollar is destroyed, our assigned dictator will again confiscate the gold and it will be illegal to own gold. They will confiscate it, give you $400 an ounce, then they will re-introduce it at $ 600 an ounce.

They paid $ 20 an ounce in 1934, then re-introduced it back at $35 an ounce. How interesting that we still don’t learn from history.

Invest in China or India, they are the next big economic powers.

With all due respect WE HAVE MUCH BETTER GUNS NOW (and many more people have them). I say let them try

BTW

a good mix is 50/50 gold silver by dollars spent, not by weight.
Jerry King Says:
November 15th, 2008 at 6:39 pm
A place to acquire silver, is Investment Rarities Incorporated. Some purchases have been made by me and the results are positive, with no “Run around”. Call 18003280700 or Fax 9528518732 You have nothing to lose by calling. Jerry King in Colorado
Trevor Marshall Says:
November 16th, 2008 at 5:17 am
Are we finally getting it ?. Bankers are no more than steet corner fraudsters with posh suits.
The bigger the bank the bigger the crooks running it. forget banks, stick to gold and silver
bullion and you will be laughing all the way to the er…… well big cash pile under the bed !.
stevelyle Says:
November 18th, 2008 at 6:47 am
Most comments are correct, however the majority have failed to project that the dollar will continue to fall until the US Government and treasury understand you can not prop up a sick economy. We are not only sick, we are dying!!! Expect the DOW to hit 5750 in 2009 and 3600 in 2010. Gold and Silver will languish until the Depression starts to feel like a depression. Unemployment will touch 10.5% (US stats) and 16% in 2010. Those beginning protection efforts now have a chance of pulling through this crisis by 2020.

You haven’t seen nothing yet!!!!! I can’t wait until 2012. Gold-Guns-Silver-Land!!!
Good Luck
Banker Manipulation Of Gold And Silver Prices Further Exposed | MATADOR NINETY-FOUR Says:
November 18th, 2008 at 2:40 pm
[...] have previously reported on how the official COMEX gold future numbers are completely divorced from reality and banker [...]

Blatant Banker Manipulation Of Gold Prices

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