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Originally posted by gentledissident
Originally posted by fleabit
One day, people with smarts will realize that you can't eat gold.
Yup, trading with rocks is silly to me. I'm for a credit system. There is the infrastructure for it. I know, it's a pipe dream, but I'm still for it.
Massive Fire Reported In The Basement At The JP Morgan Gold:FALSE FLAG -
FORMER FIREMAN RESPONDS I WATCHED EVERY VIDEO, EVERY ANGLE. BEING A FIREMAN FOR 9 YEARS HERE IS MY PROBLEM, NOT 1 FIRE TRUCK HAD A HOSE GOING INTO THE BUILDING. ALSO NOT 1 TRUCK WAS HOOKED UP TO A STAG PIPE, WHICH IS FOR YOUR INTERIOR SPRINKLER SYSTEM, THIS IS SOP FOR BUILDING FIRES, YOU ALWAYS HOOK UP TO FEED WATER INTO THE BUILDING FOR SPRINKLER SYSTEM AND HALLWAY HOSES. THOSE HOSES YOU SEE IN THE GLASS BOX IN BUILDINGS. THERE WAS NO SMOKE. NOTHING. UNTIL I SEE DIFFERENT THIS IS A BS FALSE FLAG EVENT. MIKE
Originally posted by rufusdrak
There was nothing, no firetrucks, no smoke no fire. This has got to be a hoax.
U.S. considering ban commodities trading Commercial Bank of tires WASHINGTON - The U.S. authorities are considering to set up commodity trading by banks a ban. That the Financial Times reported Sunday based sources. Senior officials of the Federal Reserve, the recent weeks have discussed the case with banks. This would put an end to the lucrative trade in include oil and gas by institutions like Barclays, Goldman Sachs and Morgan Stanley, wrote the paper.
Federal Reserve would be able to issue a ban for banks to have. Commodities in their possession Consent was incidentally started only after 2003. Trading in commodity contracts would be allowed to continue. According to regulators there might be of interest and competition as banks both physical trading and financial sides of the market held. The financial institutions indicate that commodity trading their understanding of matter and promotes the service to customers increases.
Originally posted by GargIndia
Gold stocks are limited as it is a rare metal. So you cannot use gold like paper currency which you can print till last tree standing (there are a lot of trees to make paper).
The paper currency has to be backed by something of value. That something must be "universally" considered as valuable. These universally accepted valuables are - gold, silver, and fertile land.
Originally posted by OtherSideOfTheCoin
why are we still going on about this...?
We know that there was a fire in a vault (were JP Morgan does not keep its gold) and we also know that the fire was quickly under control based on the FDNY twitter feed.
The only person who seems to have got over excited about this was the guy who made the YouTube video.
Other than this I really don't see how this is significant in anyway, its just a passing curiosity