Gold’s near future

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  • Sat, Apr 25, 2009 - 07:56pm

    #301
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    Re: Gold’s near future

Good article from Worker Bee but come on C1oudfire, not even a "good try" for me?  Where’s the love?

Even us nerdy scientists need encouragement once in a while too.

 

  • Sat, Apr 25, 2009 - 08:02pm

    #302
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    Re: Gold’s near future

[quote=Mr. Fri]Good article from Worker Bee but come on C1oudfire, not even a "good try" for me?  Where’s the love?

Even us nerdy scientists need encouragement once in a while too.[/quote]

Aw, shucks, Mr. Fri, somehow I missed your post . . . . . .and looking back, it was a really good one, too!  And easy to do. . . . . I think I’ll try it . . . . . .right up to the running-down-the-street-naked part. . . . . . . I don’t want to scare anyone! 

  • Sat, Apr 25, 2009 - 10:05pm

    #303
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    Re: Gold’s near future

LOL 

Nice come back. I knew you’d have something creative!

  • Sat, Apr 25, 2009 - 10:41pm

    #304
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    Re: Gold’s near future

This was written the beginning of February 2009 (comments have continued on into this month). However, it was an interesting perspective on gold that I thought worth sharing with everyone.

http://www.investmentu.com/IUEL/2009/February/shorting-gold.html

Then, be sure to read his follow-up column:

http://www.investmentu.com/IUEL/2009/February/shorting-gold2.html

So – now that I’ve read these and other articles about gold, I still don’t know if I should buy now or wait!

  • Sat, Apr 25, 2009 - 11:04pm

    #305
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    Re: Gold’s near future

Uh, oh. I think Gary North has me figured out. [bolding added by me]

Following is excerpted from "Gold Wars" (http://www.garynorth.com/GoldWars.pdf)

The largest group on my mailing list — Pareto’s 80% (http://en.wikipedia.org/wiki/80-20_rule) — will provide the largest
number of people who lose big: the “NASDAQ, 1999" people. Why? Because they found out too early for them to take action, psychologically speaking. They want to wait and see. They want confirmation from others who are more innovative and who will make the most money. They think, “I’ll look at this for a while.”  They look. They read. They ponder. Then they read some more.

If gold’s price falls, they will not get hurt. But what if gold’s price rises? When it does, these “wait and see” readers will think, “I should have acted. If gold ever goes back down, I’ll buy.”  They are asking for the improbable. They are waiting for confirmation.

The whole idea of confirmation is that confirmation must confirm upward. Procrastinators don’t respond to  setbacks, i.e., unconfirmations downward. It’s confirmation that drives the price up.

If gold falls, they’ll say to themselves, “It’s a good thing I didn’t buy. Gold is going even lower.”  If it reverses and goes back up, they will say, “I knew it!  If it goes back down again, I’ll buy.”

They prefer life on the see-saw’s axis. They are in the middle so that they see the price go up and down, but they don’t actually participate in the ride.

  • Sun, Apr 26, 2009 - 12:02am

    #306
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    Re: Gold’s near future

 WB,=

That info has been out there a while….not trying to be an ass.  You’ll find counterfeit EVERYTHING WITH VALUE all over the place.  I actually walked into the airport (Dulles) in Dec. withe a $100 bill when she swiped it with the pen and Uh Oh, NOT real!  Not a fun experience but it happens.  Gold coins c’an be counterfeited as easily as anything else.  If you look at most of the storied that bring this forward they are from NWO owned conglomerates.  I know, conspiracy theory.  Until you’re enlightened you probably won’t understand.  k 

BTW:  Pretty good timing on the "Swine Flu"…….if you actually do your homework on the NWO you’ll see that this is on their agenda and has been documented to be coming.

 

  • Sun, Apr 26, 2009 - 02:42am

    #307
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    Re: Gold’s near future

[quote=LogansRun]

 WB,=

That info has been out there a while….not trying to be an ass.  You’ll find counterfeit EVERYTHING WITH VALUE all over the place.  I actually walked into the airport (Dulles) in Dec. withe a $100 bill when she swiped it with the pen and Uh Oh, NOT real!  Not a fun experience but it happens.  Gold coins c’an be counterfeited as easily as anything else.  If you look at most of the storied that bring this forward they are from NWO owned conglomerates.  I know, conspiracy theory.  Until you’re enlightened you probably won’t understand.  k 

BTW:  Pretty good timing on the "Swine Flu"…….if you actually do your homework on the NWO you’ll see that this is on their agenda and has been documented to be coming.

 

[/quote]

Hey Logan,

I guess this is directed at me from the WB initials in your post.  That was a copy and paste article for the others who aren’t as "enlightened" as you seem to think you are.  

From your story it seems you were taken by someone passing you a fake hundred.  The bank certainly doesn’t pass them out.  Being a bar owner I have had the not so pleasurable experience of my bartenders including more than a few counterfeit large denomination bills in their till deposits.  The only way I brought it to an end was not to accept the bill and return it to them making their till short that amount with them having to make up the difference.  They paid more attention to the bills they accepted.  Before I put that policy in place I had one bartender accept counterfeit bills on several occasions.  I gave her the tools to check the bills, a pen, a bright light and showed where the watermark and denomination strips are.  It didn’t matter, she still accepted a counterfeit $50 after that.  My solution was to call her into my office and give her the counterfeit $50 telling her what a good job she was doing.  She didn’t take three steps before she said, "hey, this is fake!!".  I told her, "now you know how I feel when I get them deposited with your till."  It’s funny how she paid more attention to the bill’s authenticity when it was hers.  She never accepted another counterfeit bill after that. 

There is another way counterfeiters are faking bills that will defeat the pen that the person in the Dulles Airport used to detect your fake $100.  The counterfieters simply bleach out a $5 and photo copy a $100 on it.  Unless your paying close attention and hold the bill up to light and notice the denomination strip is $5 or that the watermark portrait is Lincoln and not Franklin, the pen will show it as a good bill.  I guess the counterfeiters figure that $5 is the cost for good paper stock. 

Another popular way to counterfeit bills is to remove them from being tied to a unit of gold and continually print them in ever increasing amounts diluting the money supply until the value of the dollar is worhtle… um, wait a minute, that’s the Federal Reserve.  OOPS! 

Logan, it’s too bad you accepted a counterfeit bill from someone without knowing how to detect one.  Maybe next time you’ll be "enlightened" enough not to accept one.

  • Sun, Apr 26, 2009 - 08:29am

    #308
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    Re: Gold’s near future

WB,

I was handed the bill at a convenience store after I used their cash machine to get funds.  They had gotten it from someone else.  Needless to say it furthered my "enlightenment" on the subject.  As for counterfeit coins, I usually will take mine to the local scrap shop and have them run them through their (I think it’s called) spectrometer (?).  It will show whether the makings are real or bogus.  I’ve not gotten a fake yet but I’m sure it will happen sometime.  I actually took a group of US Eagles and Canadien Maples there (brand new from the mint) to see if the gov’t was being honest…..this time they had been. 

As for "enlightenment" I use that term to say I’ve become extremely skeptical of anything the gov’t, MSM or any other branch that’s owned by the NWO spews.  As I stated in my post, I wasn’t trying to be an ass…

  • Sun, Apr 26, 2009 - 05:51pm

    #309
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    Re: Gold’s near future

Logans,

You might want to post the "swine flu NWO" stuff on the conspiracy thread.

Gold is tricky enuf to follow here.

 

SG

  • Sun, Apr 26, 2009 - 06:30pm

    #310
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    Re: Gold’s near future

 First, NWO isn’t conspiracy THEORY any longer it’s REALITY.  Sheeple need to wake up.

Second, Gold is easy.  Buy it, Hold it…..pretty easy to me.

Cheers!

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