 |
 |
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
|
|||
 |
|||
|
|||
 |
|||
|
Gold Trades Near Record as Indian Central Bank Buys From IMF
- Text size
Claudia Carpenter
Bloomberg
November 3, 2009
- A d v e r t i s e m e n t
“It’s positive in many ways,” said James Moore, an analyst at TheBullionDesk.com in London. “It suggests central banks, rather than being net sellers, are now looking at becoming net buyers. It’s a surprise because everybody was talking about China being the buyer.”
December-delivery gold climbed as much as $12.90, or 1.2 percent, to $1,066.90 an ounce on the New York Mercantile Exchange’s Comex division and was at $1,058.70 at 8:45 a.m. local time. The record was $1,072 an ounce on Oct. 14.
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
November 3rd, 2009 at 12:21 pm
i swear ill never do this again.
Firsters, birthers, and twoofers Reply:
November 3rd, 2009 at 12:46 pm
I wouldn’t be surprised if gold ends up like Platinum did in 2008.
I think it’s a bad time to buy gold.
I would stick to silver.
If SHTF, non-GMO seeds will be way more expensive than gold.
Also buy “assault weapons”. They are starting to go down in price, because the Obama shock is starting to wear off, even though the threat is still there for coming after those kind of guns.
dont use condoms, use abstinance Reply:
November 3rd, 2009 at 12:57 pm
“The Economist”, that globalist propaganda rag, calls for world population reduction on its cover article this week:
http://www.economist.com/displ.....d=14743589
MorePreciousThanGold Reply:
November 3rd, 2009 at 2:01 pm
I Agree with you Firsters.
Gold is overpriced severely. How do I know? The Gold to Silver Ratio is way off! It’s around 63:1. When it should be 16:1. Meaning it should take about 16 ounces of silver to equal 1 ounce of gold. This ratio was created for a reason, to keep prices, supply & demand fair and stable between the two metals.
Its a good time to sell gold and buy Undervalued silver! There’s more silver consumption in the world than gold, and it’s not recycled as much as gold.
Learn about silver: http://www.silverbarter.com
Chris Reply:
November 3rd, 2009 at 4:34 pm
Gold is going through the roof right now! 1084.7 on the December Futures Contract at futuresource: http://futuresource.quote.com/.....LE&st=
November 3rd, 2009 at 12:23 pm
Will you wait for 2000$ or what?
Dave Reply:
November 3rd, 2009 at 12:33 pm
Nope,I bought at $590.00
I speak with a lot of people who think that gold is way too expensive at $1,000+.
That number will look cheap in a year or two.
waking the dead Reply:
November 3rd, 2009 at 3:42 pm
buy some gold but focus on silver. silver is the next to go way up.
RP_2012!! Reply:
November 4th, 2009 at 10:49 am
Silver will inevitably go up and the ratio of gold to silver will eventually normalize. But if you take into consideration that the price of gold has not kept up with inflation, then it is still WAY underpriced. The price of gold should actually be closer to $2500/oz. Expect to see it hit $2000/oz within a year.
its the $$$ not gold Reply:
November 3rd, 2009 at 12:47 pm
I wish they would just give you the numbers of how the dollar is doing vs gold. The dollar value of gold means nothing if the dollar means nothing. If an ounce of gold buys you…lets say…a years worth of food (just for arguements sake)…even if gold goes to $5000/oz but $5000 still only buys a years worth of food, what did you really gain? You didn’t, but at least you kept your buying power.
Dave Reply:
November 3rd, 2009 at 1:49 pm
Precisely!
It keeps your savings whole and intact
Those on fixed incomes like pensions and SS will be decimated by inflation.
They’ll still receive their monthly checks,but it may only pay their electric bill.
This comment was deleted earlier…I wonder why?
MorePreciousThanGold Reply:
November 3rd, 2009 at 2:22 pm
In This case where Gold is overpriced, look more closely at silver. Everyone seems to be neglecting this precious metal which is so suppressed.
Here’s some vids on why silver’s better than gold:
http://silverbarter.com/videos.html
RP_2012!! Reply:
November 4th, 2009 at 11:11 am
Absolutely! And THAT is the key….precious metals are simply a protection of assets and a hedge against inflation. Dollars on the other hand, are merely toilet paper.
November 3rd, 2009 at 12:29 pm
[LOL]
[GET-OUT OF THE MARKET NOW]
USE YOUR CASH, (invest in the future).
Protect your house, (your faimily, and dwelling).
[ALL BETS ARE OFF]
November 3rd, 2009 at 12:33 pm
Nothing says “I have NO LIFE” better than posting “first!” You guys spend the entire day sitting on yer fat arses, refreshing yer page, hoping to catch a new artical posting soon enough. Where is your LIFE?
1st Reply:
November 3rd, 2009 at 1:15 pm
Arizona Patriot Also Says:
BLAH BLAH BLAH
November 3rd, 2009 at 12:36 pm
1078.50 at 12:30
away we gooooo!!!
People say to me “why would gold go up it is only a metal b/c nobody is going to buy jewelry now?
Max Reply:
November 3rd, 2009 at 12:48 pm
1083.20 @12:43pm that’s record territory.
that’s $1156.25 CAD and it was just $1`107 the other day which means it is not just the dollar dropping the value is rising because India is buying a shitload.
November 3rd, 2009 at 12:37 pm
I have an urgent message for you, more important than any message you can hear. God is Holy and cannot accept sin(honor thy mother and father…, thou shall not kill, thou shall not commit adultery, thou shall not steal, thou shall not bear false witness against thy neighbor, thou shall not covet..etc…Exodus 20:12-17). Here are some verses that show examples of sin:
“Ye have heard that it was said of them of old time, Thou shalt not kill; and whosoever shall kill shall be in danger of the judgment: But I say unto you, That whosoever is angry with his brother without a cause shall be in danger of the judgment: and whosoever shall say to his brother, Raca, shall be in danger of the council: but whosoever shall say, Thou fool, shall be in danger of hell fire.” Matthew 5:21-22
“Ye have heard that it was said by them of old time, Thou shalt not commit adultery: But I say unto you, That whosoever looketh on a woman to lust after her hath committed adultery with her already in his heart.” Matthew 5:27-28
“It hath been said, Whosoever shall put away his wife, let him give her a writing of divorcement: But I say unto you, That whosoever shall put away his wife, saving for the cause of fornication, causeth her to commit adultery: and whosoever shall marry her that is divorced committeth adultery.” Matthew 5:31-32
“For ALL have sinned, and come short of the glory of God;” Romans 3:23. Your good deeds cannot cover up your bad deeds.
“But we are all as an unclean thing, and all our righteousnesses are as filthy rags; and we all do fade as a leaf; and our iniquities, like the wind, have taken us away.” Isaiah 64:6
“As it is written, There is none righteous, no, not one: There is none that understandeth, there is none that seeketh after God. They are all gone out of the way, they are together become unprofitable; there is none that doeth good, no, not one.” Romans 3:10-12
You could be perfect in all the law and stumble at one point and it is as if you broke all of them:
“For whosoever shall keep the whole law, and yet offend in one point, he is guilty of all.” James 2:10
“Therefore to him that knoweth to do good, and doeth it not, to him it is sin.” James 4:17
God wrote the law on each man’s heart so they are without excuse on judgment day when we will ALL stand before Christ(”Which shew the work of the law written in their hearts, their conscience also bearing witness, and their thoughts the mean while accusing or else excusing one another” Romans 2:15). The penalty of sin is death and eternal punishment in the LAKE OF FIRE. I am warning you about hell because I love you! You are dead in your sins and headed for hell which is described in the Word as a FIRE THAT QUENCHES NOT(”…the fire is not quenched” Mark 9:44). It is a horrible and terrible place of everlasting torment that people will go because of their sins.
“And it came to pass, that the beggar died, and was carried by the angels into Abraham’s bosom: the rich man also died, and was buried; And in hell he lift up his eyes, being in torments, and seeth Abraham afar off, and Lazarus in his bosom. And he cried and said, Father Abraham, have mercy on me, and send Lazarus, that he may dip the tip of his finger in water, and cool my tongue; for I am tormented in this flame.” Luke 16:22-24
“In flaming fire taking vengeance on them that know not God, and that obey not the gospel of our Lord Jesus Christ: Who shall be punished with everlasting destruction from the presence of the Lord, and from the glory of his power;” 2 Thessalonians 1:8-9
But God has provided a way for each to escape the lake of fire. He sent his Son Jesus(God manifest in the flesh-1 Timothy 3:16) who was conceived by a virgin by the Holy Spirit of God,lived a sinless life, and suffered a horrible death/shed blood and rose again 3 days later to take the penalty of YOUR sins so you dont have to pay for them in hell for eternity! He loved you so much which is why he did it! He is the only one to have fufilled the law perfectly(sinless) and paid the price of the entire world’s sins so that man could be saved on the merits of His perfection(see Romans 5:19). All you must do to be saved is BELIEVE in Him(trust in Him to save you as a sinner). You must admit your lost sinful condition to Him/that you’re worthy of hell, and ask Him to save you by placing complete trust in Jesus ALONE for salvation(an example in the Word of someone doing this- “And the publican, standing afar off, would not lift up so much as his eyes unto heaven, but smote upon his breast, saying, God be merciful to me a sinner.” Luke 18:13).It is not even partly by yourselves that you can be saved, but only by the merits of Jesus Christ!
“For God so loved the world, He sent his only Begotten Son, that whosoever believeth in Him shall not perish, but have everlasting life” John 3:16.
“And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world” 1 John 2:2
“…Unto him that loved us, and washed us from our sins in his own blood,” Revelation 1:5
“For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures:” 1 Corinthians 15:3-4
“Then he called for a light, and sprang in, and came trembling, and fell down before Paul and Silas, And brought them out, and said, Sirs, what must I do to be saved? And they said, Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house.” Acts 16:29-31
“But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is counted for righteousness.” Romans 4:5
“That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” Romans 10:9-10
No works or anything you do can save you! May God open your eyes, that one day I may see you in heaven. Read the Word of God(the 1611 King James version- NOT the modern versions, they are corrupt) before rejecting it! Death is fleeting. You may NOT have tomorrow! For death comes when we least expect it! Make sure you are saved TODAY! The Bible condemns the rich, the wealthy, and those who take advantage of the poor, so it CANNOT have been made up by the elite. Because the Word clearly CONDEMNS people such as those! It declares all mankind as sinners(myself included).
I am a Christian, and love you enough to warn you of the dangers of hell. Beware, the Roman catholic church is NOT Christian! The church CANNOT save you but only Christ! Just because someone says they are a Christian does not necessarily mean they are one(remember the crusades in history? Many were murdered in the name of Christianity. These were no Christians at all by their testimony). Please email me to inquire more. I would be glad to help you out in your search for truth!(my email- livingwaters705@hotmail.com)…To those who slander/mock me, I pray for you and love you anyways and hope you will trust Christ before its too late!
I call upon my fellow Christians on here to return hate posts with love and blessings. The Lord commands us to love them:
“Ye have heard that it hath been said, Thou shalt love thy neighbour, and hate thine enemy. But I say unto you, Love your enemies, bless them that curse you, do good to them that hate you, and pray for them which despitefully use you, and persecute you; That ye may be the children of your Father which is in heaven: for he maketh his sun to rise on the evil and on the good, and sendeth rain on the just and on the unjust.” Matthew 5:43-45
Salvation is not found in good works, rituals, church, the pope, water baptism, good lives, etc….But ONLY found by faith in Jesus Christ the Savior!
If you need prayer or anything, just let me know! I would be glad to help! I love and care for you, and I have prayed that every person that reads this who do not know the Lord, would one day turn to Christ in faith for salvation for their sins. I beg you to turn to Christ in faith before it is too late! You get ONE chance while living and then it is too late forever:
“And as it is appointed unto men once to die, but after this the judgment:” Hebrews 9:27
“And ye shall know the truth, and the truth shall make you free.” John 8:32
“Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.” John 14:6
“…there is no God else beside me; a just God and a Saviour; there is none beside me. Look unto me, and be ye saved, all the ends of the earth: for I am God, and there is none else.” Isaiah 45:21-22
“And the Spirit and the bride say, Come. And let him that heareth say, Come. And let him that is athirst come. And whosoever will, let him take the water of life freely.” Revelation 22:17
Dave Reply:
November 3rd, 2009 at 1:17 pm
Just stop it !
Stop it goddamnit!!
November 3rd, 2009 at 12:37 pm
Watch Fall Of The Republic in full version and educate yourself online at: http://www.joemarquis.com/videos.htm
I took the time to build an area within my own business website where you can educate yourself by watching in Highest Quality full versions of Alex Jone’s and other’s DVD’s. A great place to start if your new or old and want to learn about the New World Order.
November 3rd, 2009 at 12:47 pm
Americans can expect the homeland slaughter to begin anytime soon. The investments made by the Bush government into the 800+ internment camps, millions of plastic coffins and Chinese prisoner rolling stock are now set to reap benefits for Warren Buffet. Living the American dream. Read and weep:
http://www.telegraph.co.uk/fin.....-deal.html
November 3rd, 2009 at 12:59 pm
Even though gold is soaring, silver might be the best tool we have for survival in the Patriot movement. We can trade silver easier than gold only, and it provided a great remedy for the US Treasury back in the 1890s when gold was too scarce. Buy silver rounds now and get ready to use them as currency. They will grow in value and still be small enough to trade. Get .999 pure silver rounds.
Even mercury dimes are now going for about $1.25 each. Silver can be OUR currency along with gold.
November 3rd, 2009 at 1:01 pm
can anyone say bubble?????? Just wait for the interest rates to go up. Play it safe, and always now that the Fed is playing both side of the game.
November 3rd, 2009 at 1:02 pm
1084 and climbing for gold and silver following…….get your money out of your iras and 401k’s if possible or they will freeze them and roll them into social security.
Dave Reply:
November 3rd, 2009 at 1:20 pm
That’s a good point,wherever there’s a pile of money(401K’s,pensions,etc)the government will figure out how to abscond with it.
With gold,they have no posession,they aren’t in control of it like currency in a bank.
Buying physical gold is the best way to say F.U.! to the feds.
November 3rd, 2009 at 1:50 pm
Buying gold NOW is for suckers, you should have done it 3 years ago – that train has left the station. Besides – do any of you people really have any savings left to buy gold?!? Most of you can barely buy a can of beans! Stop being suckers and making gold dealers rich. Now is a good time to SELL gold – when it’s at close to historic highs.
Just a suggestion Reply:
November 3rd, 2009 at 10:12 pm
Buy Silver Instead, preferably the cheapest you can find. I recommend pre-1965 US 90% silver coins.
November 3rd, 2009 at 1:57 pm
Rothschild says… http://www.youtube.com/watch?v=NhfjSM-pgsk
November 3rd, 2009 at 2:28 pm
Secession: Timing Is Everything
by Russell D. Longcore
by Russell D. Longcore
Recently by Russell D. Longcore: Writing the New Texas Constitution: Avoiding Inherent Flaws
Not so long ago, secession was a taboo subject for discussion in polite society. It was almost un-American to thoughtfully consider a state leaving the Union for any reason. Everyone thought that Lincoln’s War settled that issue. But today’s America is a seething cauldron of resentment toward Washington and the “Mobocracy Looter Minions” that populate the District of Columbia and its suburbs.
If you watch any news service for seven days, you’ll learn that the dollar is weak and growing weaker. You’ll learn that other nations are preparing to disconnect from the dollar as the world’s reserve currency. And you’ll learn that America is in big trouble, at home and around the world. (Wonder why Chicago didn’t get the Olympics? What countries like the USA right now?)
Over half of the American states have passed legislative resolutions exerting their rights under the Tenth Amendment. That’s nice, and symbolic…and somewhat unusual for slaves to stand up to the plantation owner. But it’s not really necessary.
So when is the best time to actually pull the trigger and secede from the United States?
I believe that states should be making concrete plans right now for secession. States already have intricate plans in place in case of natural disasters and such. Should not a state have a plan in place in case of political disaster?
The United States Federal Government is a dying monster. But is still possesses political might, military might and potency. Dying monsters quite often thrash about and injure those that are too nearby. So at this point in time, while Washington still APPEARS viable, state secession would not seem to be a wise move.
After all, why would a state willingly take the chance of incurring the wrath of Washington? It would be like in the Tolkien movie “Return of the King,” when the good guys presented themselves at the Black Gate to divert the gaze of Sauron’s all-seeing eye. Washington might turn its fury on a seceding state to make an example of it, in order to discourage any other state from trying secession.
Washington is working 24/7 to produce substantive changes in American governance and culture. And, at some point, some state might decide that enough is enough. But I believe that it will take an event that happens outside of Washington to bring about Washington’s collapse.
The most likely event is the worldwide rejection of the US Dollar as reserve currency, and the worldwide use of any other currency as reserve. Even the change of the dollar as the currency of choice of any major petroleum bourse¹ will spell disaster for the dollar.
Iran has already formed an oil bourse, which uses the Euro, the Iranian Rial and a basket of other currencies as the settlement currency for petro transactions. Its first day of trading was Monday, October 26, 2009, on the Free Trade Zone Iranian island of Kish. Iran, having the world’s second largest gas reserves and third largest oil reserves, is trying to play a more active role in oil and petrochemical transactions in international markets.
Between the rejection of the dollar worldwide, and the selloff of US Government securities by nations like China, combined with runaway money printing by Washington and the hyperinflation that MUST follow, the dollar has nowhere to go but down…and precipitously.
The value of the dollar will tumble against other currencies…very soon. It will happen as other nations scramble to get rid of American currency and securities holdings and protect the very survival of their own nations. Washington has been passing bad checks for too long, and the nations are stepping to the pay window.
It is at this moment in time, when the dollar freefalls, that the states will have a golden opportunity to secede. States must do what it takes to assure their own survival, and not as a slave state to Washington. But a secession alone won’t solve anything. The heavy lifting just begins when a state secedes.
First there would have to be a Provisional Government installed until the formal government could be designed and brought into being as a legal entity.
The very next thing that MUST be settled is the issue of money. If a new nation adopts the very same banking environment that America has right now, the new nation will be doomed to fail. The new nation MUST have a 100% gold/silver standard. It must also prohibit by law fractional reserve banking. Both government monopoly on monetary policy and fractional reserve banking are counterfeiting by another name. It must be prevented before it starts.
Monetary policy and banking worldwide is failing. A new nation needs to go another way, and that way is to return to sound money. Most of the other challenges that a new nation would face will be easier if the new nation has money backed with precious metals at 100% reserve. But you cannot counterfeit your way to liberty and prosperity.
Timing is everything. If states secede at the time that Washington is drowning in worldwide debt and the financial markets worldwide cause the collapse of the dollar, Washington may be powerless to stop secession. Ask Moscow how well they stopped the secession of the Western Soviet republics in 1989.
I know I’m getting to be “Johnny One-Note” about monetary policy, but that should tell you how crucial it is. Remember that no nation in the history of the world has survived that counterfeited its money. Not one. Ever.
But also remember that the Byzantine empire, on a gold standard, lasted over a thousand years…until it debased its own money.
A bourse is a commodities exchange in oil, petroleum and natural gas.
November 3, 2009
Russell D. Longcore [send him mail] is president of Abigail Morgan Austin Publishing Company. He is married to “his Redhead” Julie, has three wonderful children and three even more wonderful grandchildren. Visit his secessionist website at: http://www.DumpDC.com.
Copyright © 2009 Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
November 3rd, 2009 at 2:58 pm
Gold fever is here, but before you punt your hard earned gringos into it, cosnider this, the GOVernmenets around the world have laws in place that in the event of a Global crisis, economic meltdown and Martial law is decalred all gold will be returned to the government.
They have the right to remove gold form Safety deposits and accounts to stabilise the government and national economy in this event.
Also, it will become illegal to buy or sell gold, the IMF are selling all their GOld, they set the gold price each day, and have sold enormous qauntities earlier this year – WHY?
Cause they intend to take it back….
November 3rd, 2009 at 3:31 pm
Most people can’t afford gold or silver.Not that a ton of gold will feed you.There are all games.You need to be stocking up on food….ammo…survival stuff.Sounds nutty maybe…but what you buy today may be unavailable tomorrow..then what good is your gold and silver or how much will it get you.
I am not one of these freaks that go off at the drop of a hat.I know so many x cival servents that have unloaded everything for survial stuff.generators ,stock piled food,gas..antibiotics..you name.A lot of them are ex fed..FBI ..hell I know one bunch have a compound with everything from a metal lathe to solar pannels.These are all ex FBI..High ranking….lifers..Who quit when Bush Jr, was in.
Anyway…for most people gold and silver are out of the question.You need to be looking for a place to run to…get some fishing gear,an ax…some survival books..50 lbs of salt..at least have something..cause if you don’t.you are just going to be foder.
November 3rd, 2009 at 8:20 pm
Read newfy777 post.
https://www.kitcomm.com/showthread.php?t=52452&page=4
November 3rd, 2009 at 8:39 pm
If I were ted and I believed my own bull shit why would I want to trade people gold that’’s going to ‘double’ and be stuck with ‘worthless federal reserve notes’?
ted doesn’t want a bunch of gold in his basement. He collects wothless federal reserve notes.
November 4th, 2009 at 1:37 am
why buy gold and silver anyway? buy guns and ammo…. You are going to need it!!!
November 4th, 2009 at 7:11 am
im angry at the indian government buying anything from the IMF how did IMF get the power to be in this position. This land is free no more I wish someone blows this shithole into a billion pieces and let humans never be born again anywhere. I dont want to again wake up and hear the bastards of nwo tell me what to do about my family my food my tax my anything. Its about time you guys turn evil yourself cause I dont think any of you sheeps will ever be able to achieve anything.
November 4th, 2009 at 7:14 am
by the way the word on the street is monoatomic gold or white powder gold makes u closer to god helping u open ur third eye its also able to cure cancer
November 4th, 2009 at 10:51 am
Now its up to $1095.00 I just made $950.00 and its steadily going up. I just hope that we can sell these to the banks at the right time.
November 4th, 2009 at 12:15 pm
Rothschild says when pigs fly…??? http://www.youtube.com/watch?v=cHZXEc4y6R0
November 4th, 2009 at 2:14 pm
ah, the beauty of gold. to think they can artificially lower the price!!! ridiculous.
November 15th, 2009 at 11:13 am
Wow! What a site. You have a real knack for making a blog readable and easy on the eyes. Some sites look like train wrecks, but not yours – it’s a pleasure to read. Thanks for having it. I have started a blog with a few clips from both the original series and some previews of the remake. Please check out my site – it is at http://www.NoManIsJustANumber.com – and let me know what you think of it. Be seeing you.