Comments on: Bernanke Doesn’t “Understand” Gold

By: borg

borg — Sun, 20 Jun 2010 08:03:17 +0000

“Fort Knox doesn’t actually hold eight tonnes of gold ”

8 tonnes or 8,133.5 (~8 thousand) tonnes??

By: cb

cb — Fri, 11 Jun 2010 04:46:47 +0000

Graeme – Yes, it is incredible, isn’t it? It just shows where the RBA’s true allegiances are. At the time, when Gordon Brown was also selling the UK’s reserves amidst the loudest possible fanfare, the whole shebang was orchestrated to push the gold price down, down, down. Why? Because, according to some reports, Goldman Sachs was short gold at the time, and would have gone broke if they had attempted to buy back their positions through a short squeeze. So, they pulled the strings and engineered a flood of gold onto the market, saving their own skins while their stooges and plants robbed the good people here, and overseas, of their accummulated national savings. Good work if you can get it.

And it is yet another reason to distrust the allegiance and intentions of the RBA. You just never know when they are going to move right against the nation’s interests, because you just never know when the robber barrons will have finished positioning themselves and are ready to make the call.

By: cb

cb — Fri, 11 Jun 2010 03:08:49 +0000

Sorry, the reference to the article is here:
http://www.howestreet.com/articles/index.php?article_id=13696

By: cb

cb — Fri, 11 Jun 2010 03:08:23 +0000

A couple of pearls of wisdom from Canada’s perma-bear, Garth Turner, given to a young couple in his latest backhanded piece of financial advice:
- Caution is fine. But panic kills.
- Losing money is not the risk, running out of it is.

By: cb

cb — Fri, 11 Jun 2010 02:05:04 +0000

“Confucius says: He who does business with Goldman Sachs, loses shirt.”
[KR50] Keiser Report – Sucking Gold & Slurping Silver with Freddie, Fannie & Confucius
http://maxkeiser.com/

By: cb

cb — Fri, 11 Jun 2010 01:04:35 +0000

I’ll second that, Nick. Did you see Celente’s caustic take on what they did to Helen Thomas? Boy, was that spot on, or what?!
It was around the 10 minute mark on the Alex Jones interview I referenced a couple of days ago.

By: Nick

Nick — Fri, 11 Jun 2010 00:42:46 +0000

cb..this is why I am impressed with Celente’s view. It matches precisely with what I have been told for some time by these friends. I cannot disclose what particular career these friends have, however, if you listen to Celente, you are virtually listening to the same thing.

This is why I ignore MSM. What is made public it totally contra to what is coming out of the “bunkers.” Be it economics or politics.

By: cb

cb — Fri, 11 Jun 2010 00:21:35 +0000

Nick – Yes, and here is a discussion that analyses recent events along those very same lines. They are building up to an attack on Iran, and looking for the excuse that will give them some sort of legitimacy.

Thursday, June 10, 2010
WORLD AFFAIRS BRIEF – JOEL SKOUSEN on Dr Deagle Show
http://geraldcelentechannel.blogspot.com/

By: cb

cb — Thu, 10 Jun 2010 08:20:06 +0000

Fascism has come to America : Gerald Celente
Alex Jones talks with Gerald Celente, renowned trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance.
http://geraldcelentechannel.blogspot.com/

By: cb

cb — Thu, 10 Jun 2010 08:17:58 +0000

I cannot paste the link to the original article from which I have taken that quote for some reason. However, you can find a functional link at Max Keiser’s site, and if you click on the link there, you can get to the full article.

Pressure Mounts for Financial Terrorist Goldman Sachs. Will The Wolf Pack Attack?
http://maxkeiser.com/