Log in

View Full Version : If you'd like to read what happened to the Swiss gold...



FBD
10-29-2014, 01:14 PM
http://www.mauldineconomics.com/ttmygh/this-little-piggy-bent-the-market

http://www.zerohedge.com/news/2014-10-28/things-make-you-go-hmmm-swiss-gold-status-quo-showdown

Too long to post here. Long story short, its just about the plunder of Switzerland's gold reserves. Porky will probably read this, but the rest of yas, probably not :lol: (Yes, changing rules and putting gold on the market to be "sold for profit" while at the same time removing the hard currency peg and letting it float wherever has.....what sort of consequences?)


(Do I need to put in reminders about how places like Libya was on the cusp of backing their currency in gold, and demanding gold for oil....ya know, until the place magically became overrun with terrorists and we had to bomb the fuck out of it, collapse the government, and...Saddam waves.)

PorkChopSandwiches
10-29-2014, 03:44 PM
So who bought all the gold?

FBD
10-29-2014, 03:47 PM
"the market"


that was the entire ploy - not to necessarily "steal" their gold, but to drain the reserves, and it was all set up at a preposterous bottom in the gold price


all to get switzerland off of sound money and into the international banking scheme where countries have no money or resources, only debt to huge banks

Iceland was the *only* place where people had the balls to do the right thing.

PorkChopSandwiches
10-29-2014, 04:41 PM
I get that, but who is "the market" where is the gold, what country has it? Someone had to pay for it.

FBD
10-29-2014, 04:48 PM
the market = just about anyone. russia, china, india, have all been buying gold like mad lately, india even went so far as to outlaw people from buying or exporting it.

and yall had best be buying also, because when the curtain gets pulled back and yall see the back of the theater and what dollars are truly worth, you'll be fuggin kicking yourself if you didnt.

Teh One Who Knocks
10-29-2014, 04:49 PM
So who bought all the gold?


https://www.youtube.com/watch?v=QCJCcnhbmr0

FBD
10-29-2014, 04:51 PM
note the english did much the same with gold around that time also - ooh look, the market's at a 30, 40 year bottom! sell! sell! :haha:

FBD
10-29-2014, 04:56 PM
whereas in america, no such spectacle was made, they just quietly situated JP morgans vault right down the street from the federal reserve's, conveniently connected with a tunnel.

and made no mention when a ton or a hundred or two disappeared on 9-11, it must have melted into the ground and flowed away to that special place.

PorkChopSandwiches
10-29-2014, 04:58 PM
and yall had best be buying also, because when the curtain gets pulled back and yall see the back of the theater and what dollars are truly worth, you'll be fuggin kicking yourself if you didnt.

Who do you buy gold from? Every time I look into it it seems the companies are all scammers. Including the one lance posted

FBD
10-29-2014, 05:04 PM
that's why you buy standardized bullion, so it has a noted and measured weight, american eagles, canadian maple leafs. unless you're a huge meat spinner and can afford bars, of course :lol: but in that case I'd be having them checked for tungsten :lol: you basically just have to look around and see who's charging what for a premium. the biggest thing you want is physical delivery ASAP, after that just look around and see who charges what, its usually a few % over the spot price.

BUT, if you really want to do it smart, then of course that requires more legwork. go around to pawn shops and shit and buy whatever they have for standardized coins, pay cash. will probably be a little more of a premium, unfortunately - but here's the big thing, its under the radar. if you rack up a ton of gold purchases and the price goes up 400 bucks an ounce, the feds have record of your purchase, and that's fuggin income, baby.

Teh One Who Knocks
10-29-2014, 05:06 PM
https://www.youtube.com/watch?v=z7Hw_T0C-rU

DemonGeminiX
10-29-2014, 05:09 PM
Who do you buy gold from? Every time I look into it it seems the companies are all scammers. Including the one lance posted

Rosland is a scam. AcidTrip had given me a list of reputable sites to use once a while ago, but I lost it. He'd know.

Teh One Who Knocks
10-29-2014, 05:12 PM
Who do you buy gold from? Every time I look into it it seems the companies are all scammers. Including the one lance posted

Ebay....buy the bullion coins from Canada

http://www.ebay.com/itm/Roll-of-10-2014-Canada-1-Troy-Oz-9999-Gold-Maple-Leaf-Coins-RCM-Tube-SKU30289-/380866397194?pt=US_Bullion_Coins&hash=item58ad68040a

PorkChopSandwiches
10-29-2014, 05:16 PM
Just me price range :lol:

Thanks, not a bad idea

I bought this on amazon
http://www.amazon.com/Saint-Gaudens-Ultra-Relief-Pattern/dp/B00KGK1HEM/ref=sr_1_2?s=coins&ie=UTF8&qid=1414602957&sr=1-2&keywords=gold+coin

Teh One Who Knocks
10-29-2014, 05:17 PM
Just me price range :lol:

Thanks, not a bad idea

I bought this on amazon
http://www.amazon.com/Saint-Gaudens-Ultra-Relief-Pattern/dp/B00KGK1HEM/ref=sr_1_2?s=coins&ie=UTF8&qid=1414602957&sr=1-2&keywords=gold+coin

:lol:

That was for a roll of 10, but you can of course buy them individually as well. Stay with the Canadian, US, and Chinese gold bullion coins and you can't go wrong.

FBD
10-29-2014, 05:21 PM
:lol:

if there was one thing to listen to crazy ol uncle FBD about, its this. buy gold and silver and fuck you fiat "savings"

DemonGeminiX
10-29-2014, 05:29 PM
I looked around a little bit. Don't quote me on this, but it looks like apmex, jmbullion, and usagold are ok sites. I could be wrong about them, but they're BBB accredited. That's usually a good sign.

PorkChopSandwiches
10-29-2014, 05:31 PM
I was looking at JMBullion, I may check out some pawn shops

DemonGeminiX
10-29-2014, 05:31 PM
Of course, if you could find a local precious metals dealer close to you, I think that would be ideal.

FBD
10-29-2014, 05:49 PM
and dont forget to do a lot of boating after you make purchases. ;) some of mine was lost when the boat overturned that time :shifty:

PorkChopSandwiches
10-29-2014, 05:50 PM
:lol:

FBD
10-29-2014, 06:17 PM
http://winteractionables.com/?p=15986