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Gold hits 27 years all time high!

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posted on Sep, 21 2007 @ 01:00 AM
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Please remember...Every dollar bill was worth weight in the amount of gold, until the BIG MAN forced everybody (i.e made sure) everybody gave up on their gold...Now its just legal tender...i.e WORTH NOTHING MORE THAT THE PAPER ITS PRINTED ON!

"In 1933, President Franklin Roosevelt realized that the U.S. could not maintain the pretense that Gold was still worth only $20.67 per ounce (because at that price Foreign governments would have bought all our gold). So he perpetrated one of the greatest frauds ever on the American public.

He forced U.S. citizens to sell their Gold at the official price of $20.67 and once he had collected all the Gold into government coffers, he adjusted the price to its real price of $35 per Troy ounce. Thus the government made a handsome 69.33% profit in a few months (equivalent to a 69% tax on Gold owners). Imagine paying a 69% tax sometime!"

www.inflationdata.com...

Is this all time high in price of gold just another step up for the coming NWO

www.knox.army.mil...

en.wikipedia.org...

www.geocities.com...




posted on Sep, 21 2007 @ 07:48 AM
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The only way to global economic control, is to control all wealth. Gold is just as controlled as the diamond industry, and just as corrupt.

Remember the line in the bible, "the love of money, is the root of all evil"?

Never been truer than our time and age.

Why won't Fort Knox allow an audit?



posted on Sep, 21 2007 @ 08:26 AM
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Gold is going to $1000 USD/Oz by 2010 (maybe sooner ?), no two ways about it...

Crazy talk ??

Who would have thought it would double in price from 2002 to now...Problem is, we're talking physical gold...Not gold mining stocks...And not the kind of gold someone else stores for you...

We're talking about gold you buy and take physical possession of...Coins are best, portable and way better than bullion...

Think about it


Peace



posted on Sep, 21 2007 @ 08:40 AM
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it's not the price of gold going up, but the value of the dollar going down. Gold is a standard, the dollar isn't.



posted on Sep, 21 2007 @ 08:54 AM
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The falling US dollar is part of the equation...The major factor is an imbalance in supply Vs demand coming out of Asia..

The Chinese and Indians simply can't get their hands on enough physical gold that they actually can touch, as opposed to gold they "own" held by a western company in trust...

As long as this situation continues, the price of gold will continue to rise gradually, by peaking, then coming off a bit, then establishing a base, then rising again...

These trends have repeated over and over the last 5 yrs...

The supply side is probably not going to change a great deal in the next 2.5 yrs, and more and more producers are hedging less of their books these days in order to maximise the price they get for what they produce...

Peace



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