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Gold prices about to drop? Armageddon!

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posted on Nov, 13 2014 @ 04:25 AM
a reply to: onequestion

if I were me

Who are you then?
edit on 13-11-2014 by EA006 because: (no reason given)

posted on Nov, 13 2014 @ 04:37 AM
sorry... see the post below this deleted one

edit on th30141587597913522014 by St Udio because: (no reason given)

posted on Nov, 13 2014 @ 04:47 AM

originally posted by: St Udio
a reply to: zvezdar

we are in the same ball park

gold will continue its Paper Price contraction... at least until the Chinese can get physical delivery of the bullion, unlike even rich western hoarders or even central western banks getting Any physical delivery at all

this condition will continue until China has divested most-if-not-all of Its' huge Trillion Dollar stash of Treasury bonds and other paper debt instruments of the USA...

the dramatic drop in paper-price of gold & PMs is just the kickback the USA fed reserve gives to China for not flooding the global markets with their massive holdings in Treasuries and USD reserve currency... if they (China) were to unload their holdings in a short period of time then the Treasuries and USDs would drop 50% in value overnight..

so the Fed & Treas & western central banks are paying off China to not dump their western paper


myself... I will continue to stack small (token) amounts of silver coin-bars
and make $50 minimum buy-ins into my gold fund
because in under 2 years the whole Western based COMEX paper-gold fraud will blow up...
Shanghai will be 'the' physical bullion, price discovery exchange to deal with
and they will 'double' the $1,150 gold//$15 silver of today as the starting exchange price of physical bullions Au & Ag @ $2300 & $50
edit on th30141587589313512014 by St Udio because: (no reason given)


long topic if you are not on board, but interesting if you are a gold bug
edit on th30141588029013042014 by St Udio because: (no reason given)

posted on Nov, 13 2014 @ 04:58 AM
Actual gold will still be worth a pretty penny, for those who actually have the physical gold.

Investors who bought digits and pieces of paper are in for a shafting, one day!

posted on Nov, 13 2014 @ 10:43 AM
The more the gold price drops the more Russia, China and India buy and they are talking the gold physically not just holding paper on gold that is supposed to exist.

Will be fun when we come to a point where the western system have no gold to give out anymore and all the paper is known to be is fake.
edit on 13-11-2014 by LittleByLittle because: (no reason given)

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