always buy Gold and Silver
Gold 5000 yr old history as real money versus 45 yr old Fiat USD
Who do you think is going to win at the end ?
read the technicals.. Gold is now in a Bull Trend
don't fight it shorts
A very strong titanium base already established below the $1200 level ( 100% accuracy )
Gold is now building a upper base at $1220-$1240
a imminent breakout is inevitable
strong titanium base already establish below $1200 level
Gold is now building a upper base at $1220-$1240... could breakout any day and run to $1300-$1400
Wall St. pumping Apple non-stop when it was $118-$120
why ? PUMP & DUMP
Wall St. also pumping hard on the USD too... buyers beware
wake up joe
remember the time when everyone was demanding their gold bar delivery and the bankers are starting to worry .. what happened afterward ?
they took gold down with non-stop full assault.. why ?
I suspect they're short of gold bars to deliver so they have to loot GLD in order to cover up their tracks. The only way to loot GLD is to take down the gold prices.
Like i said before beware of Gold shortages .. these bankers can only loot so much gold bars from gld ... eventually the whole fiasco will come to its final chapter as in REAL GOLD SHORTAGES
Do you ever hear a Wall St analyst tells people to go take physical delivery or go buy some gold bars or gold coins ?? no, they never tell you to do that
they always tell you to buy GLD and gold etf paper. . you as a individual cannot redeem your gld for real physical gold .. who can redeem ? Mostly Bankers and their Billionaire friends. If one day GLD gets looted by these criminal bankers, you as a gld shareholders will end up holding the bag and u won't able to get your money back. it's that simple
no, you got a all wrong.. gold redemptions from etf got nothing to do with gold price decline
.. do you even know who the authorized participants are in gld ?
the hsbc vault have limited amount of gold bars to go around, so let's leave it at that, when half of the annual gold production gets gobbled up by China and India... physical gold bars will only get less and less
trust me on one thing, the gold shortages of physical gold bars will come within the next few yrs.
for now, just trade in and out of gld and make some bucks.. if you in it for the real physical gold for the long term, i suggest you go and buy some physical gold bars or gold coins instead
gld is nothing but gold paper for the average joe, you don't own any gold
If you're a big whale investors and wants to touch, feel, look, and own the big physical gold bars, i suggest you take delivery.
if you don't hold it .. you don't own it
If US gov't decides to confiscate gold in America again.
China, Russia, India, and some European Countries going to get very wealthy .... and United States just shot itself on the foot.
A GLD rep is not a guy that audits the gold bars.
A GLD rep is not the guy that created gld and have contacts with all the biggest holders in gld.
A GLD rep is just a worker, told what to say and what to do by its superior.
GLD is just a paper investment vehicle to make money in the most liquid way, it's for people that doesn't want to buy and store $500,000 worth of physical gold bars and gold coins. It's just a paper game vehicle to make money using options leverage, once you made the big bucks or big profits... you can use your profits to buy some gold coins or gold bars at your nearest coin stores. It's very difficult to get large quantities of physical gold bars and sometimes there's a 3 month or longer waiting period. There's a good chance gld doesn't have all the physical gold bars that it stated and nobody is going to know about it anyway. Auditors can always get bought out and overstate what they have audited. Remember one thing, small gld holders are not allowed to take physical gold from gld, only the big holders can get the physical gold.
As long as there's no shortages of physical gold bars for a long period of time , GLD will be fine.
If there's a huge shortages of physical gold bars, then people will know GLD doesn't have the gold bars... like the King with no clothes on. At that point, there's no way gld can cover it up.
A real shortages of gold bars can send gold prices to $5000 very quickly... comex / lbma most likely ban all physical delivery and raise the margin rates to ridiculous level
What happens afterward, people might trade in asian market for their gold or trade in a physical black market
1 oz of gold can fetch for $5000... later $12,000
I think this game is going to back fire
Russia got a black eyes but so do WE
Putin still have a lot of money to play this game, and he can allocate even more money from that filthy rich China. You cannot defeat him by driving down oil prices.
US controls the Saudi, even at $48 oil --- the saudi cannot balance their budget or pay their bills
I don't think saudi is doing it to bring down the US shale producers or force them to cut back, the main reason i think they're making this move to kill Oil is because big brother US twist their arms and force them to do it.
Russia still have $400 billion to defend their ruble, on top of that, Russia got that filthy rich China to back them up if needed. China have over $4 trillion, China started a BRICS bank similar to the IMF and China got other contingency funds to help all their brics buddies. BRICS = Brazil, Russia, India, China, South Africa
I don't think driving down oil prices is enough to take down Russia Putin