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Gold/silver thread

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  1. #1
    unknownk is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by 4barrel View Post
    olddude, I'm in a similar boat right now - holding every board I get and waiting for the market to recover. Luckily since all my inventory comes in for free I'm not sitting on an investment, just filling my shop until I'm ready to cash in. I agree with the above posters, paper gold is driven down to who knows how low while those with the money to buy physical are buying all they can.
    Your boards have PHYSICAL gold in them, yet they are going down in value, how do you explain that?

    It took 30+ years for gold to recover (most but not all) of what it lost in the 1980's, how long can you wait it out?



    Don't forget people who are dumping their gold always tell others to keep theirs and wait for the rebound.

  2. #2
    EcoSafe started this thread.
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    A few short years ago there were 3 main players on the world economic/manufacturing stage, America, Japan and Germany. Then there was of course the English/German/American/Swiss Banking cabal.
    about 20 years ago Korea and China began to steal Japans electronics manufacturing base along with Americas manufacturing base and tech from both.

    At the same time one of our presidents (not named because it is non political) ok the sale of computers and programing tech to China giving them open access to advanced computer tech along with MIRV guidance systems. In a short while china buried Japans E market so they in turn buried Americas auto business.

    Germany had gone through hyper inflation before and 10s of thousands starved, or froze to death.

    They learned from history, we did not. Also their quality manufacturing industry is so respected no one can compete with German engineering and manufacturing quality.

    Bear with me I'm getting there .

    America began to printing un backed fiat dollars. Japan soon followed. and british, American and Swiss bankers looked the other way and actually encouraged the process until we were all trapped in that process.

    along came no dock loans/directives and the housing bubble and bust, followed by bail outs with trillions of dollars backed by nothing but the paper they were printed on and world faith that the American people would work hard and pay back the money and of course Japan followed Americas model. Germany having been through it all before didn't.

    The Bankers watched carefully and saw us all swallow this with out much notice. they along with some citizens began to hedge their bets with physical gold/silver.

    About6 4 or 5 years ago, the Banksters figured out that if people would go for paper dollars backed by nothing then maybe they would buy paper gold backed by nothing.

    Japans new president just authoeized the printing enough Yen to equil 100% of Japans GDP.

    welcome to America, Japan, and the European union June 29th 2013.

    this is not speculation its all documented history. The banksters have learned through trial and error that most will buy worthless paper gold and they use that to drive the market down the, turn around and use your money to buy real gold.

    thats my take.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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