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Putin "Prepares For Economic War", Buys Whopping 55 Tonnes Of Gold In Q3
Just as China is buying 'cheap' oil with both hands and feet, so Russia, according to the latest data from The World Gold Council (WGC) has been buying gold in huge size. Dwarfing the rest of the world's buying in Q3, Russia added a stunning 55 tonnes to its reserves, as The Telegraph reports, Putin is taking advantage of lower gold prices to pack the vaults of Russia's central bank with bullion as it prepares for the possibility of a long, drawn-out economic war with the West.
Russia bought more gold in Q3 then all other countries combined...
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Vladimir Putin's government is understood to be hoarding vast quantities of gold, having tripled stocks to around 1,150 tonnes in the last decade. These reserves could provide the Kremlin with vital firepower to try and offset the sharp declines in the rouble.
Russia's currency has come under intense pressure since US and European sanctions and falling oil prices started to hurt the economy. Revenues from the sale of oil and gas account for about 45pc of the Russian government's budget receipts.
In total, central banks around the world bought 93 tonnes of the precious metal in the third quarter, marking it the 15th consecutive quarter of net purchases. In its report, the World Gold Council said this was down to a combination of geopolitical tensions and attempts by countries to diversify their reserves away from the US dollar.
By the end of the year, central banks will have acquired up to 500 tonnes of gold during the latest buying spell, according to Alistair Hewitt, head of market intelligence at the World Gold Council.
"Central banks have been consistently adding to their gold holdings since 2009," Mr Hewitt told the Telegraph.
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He worships the State...What do you expect?
Dude ~ Can you fucking read...
I'M BASHING the fucking STATE 100% in this dialogue... For the 2nd time:
What part of:
"I do take exception, however, to the goddamned motherfucking GOVERNMENT" ~ don't you understand?
Furthermore... Where did I state this?
"You claim that the US Government does not have its pedophile and pederast priests?"
~~~
I OFFER MY 'UNIVERSAL APOLOGIES' to all people out there who think that I have something against:
-STATISTS
-RELIGIOUS ZEALOTS
BOTH of those are 'candy asses' compared to my distain for idiots who can't [or don't take time to] read.
Oh...I took time to read...
Your post above is where you reveal your own duplicity. You attack organized religion and declare the atheists superior when that is not the case. They are subject to the same immorality.
If you are duplicit in one claim then that really kind of...sort of...IMPEACHES YOUR ENTIRE TESTIMONY.
"and declare the atheists superior"
Where do I declare that?
My 2 cents - there's no winning an irrational debate. Tall Tom is giving you a wind-up to take the piss out of you or something like that. More discernment and you won't walk into that cross.
Gold, guns and gandalf, the ZH mantra...........
That may be true, but it is always fun to see Tall Tom make a complete ass out of himself (as usual).
(Let us pray not entirely a goofball prayer.)
“Our Dadio,
with digs in paradise,
we we root for you big time,
bring
it
on
down.
High-five to your moniker
your scheme be good,
on this Rock as well as in ultra Shangri-La.
Lay on us our daily bread,
and chill our screw-ups
as we chill on the screw-ups of others.
Don’t give us too much,
don’t give us too little,
don’t do us any favors,
except kick superstition’s ass.
Yours is the random power,
get your kicks,
tra-la-la, amen.”
". . .tra-la-la, amen."
okay. I lol'd.
Your lack of respect for the written word, whether is is the Bible, or, the US Constitution, is most remarkable.
You swear an oath to defend the Constitution of the United States as you are a cop.
Yet your oath which you swore was meaningless as you celebrate the Constitution's upcoming suspension.
As all liberals you will follow orders and not the laws you have sworn to uphold.
As an atheist you suscribe to the belief of Moral Relativity and forsake any Moral absolutes.
Then you sit and wonder why that your Authoritarian State is not supported and subject to be reviled.
When the Oil Refineries are enflamed and the pipelines explode, within the homeland, you will reap the destruction of which you have sown abroad.
This Republic was designed for a Moral People, that of which you are lacking.
Yes you may have some support for your sacreligious prayer as there are misguided atheists. But while the support your atheism the would be reviled at your authoritarian statist views. Actually it is rather revolting.
And, at that point, when you reveal your true nature, just whose side do you think that they will choose?
Listen.
"This Republic was designed for a Moral People".
Hate to say it bro but are you fucking crazy?
Listen.
"This Republic was designed for a Moral People".
Hate to say it bro but are you fucking crazy?
Listen.
"This Republic was designed for a Moral People".
Hate to say it bro but are you fucking crazy?
hiya Tall Tom-
What if atheists became a majority? The first thing they would do is this:
“I pledge allegiance to the flag of the United States of America and to the Republic for which it stands, one nation, under no god, indivisible, with freedom and justice for all.”
I bet that would make some folk -including you, -madder that a pit-bull chewing a wasp.
I do not pledge any allegiance to your Government...."under God"...or not.
I don't pledge allegiance to the flag either. Here's why...
The definition of:
pledge:
1 a : a bailment of a chattel as security for a debt or other obligation without involving transfer of title b : the chattel so delivered c : the contract incidental to such a bailment
allegiance: the obligation of a feudal vassal to his liege lordSo much for a "free" country!
"Under God" was added to the pledge in the 50's. Must have been a War on Secularism at the time.
You are not allowed to say christmas that is racist!!!
Who are you calling You, you ray's cyst?
Obviously this foolish Putin does not read The Market Ticker.
and who reads that shit???
Ticker price doesn't matter when the real concern is availability.
Putin sucks Donkey cock ... go back to cabbage land
Says the Ziopac troll of 10 weeks, 2 hours.
Phazers on full. Right behind the mask. Nice shot Captain. You're not too old.
I really like Putin. I really do.
From the Dollar Vigilante...
The legalization of marijuana by some US states is not in line with international drug conventions, according to the communist UN anti-narcotics chief. He [Fedotov] said he would be addressing the issue in Washington next week, underscoring the lack of true sovereignty in the US.
Although residents of Oregon, Alaska, Washington and Colorado have voted to allow the use of marijuana, the UN believes its will is most important, regardless of how voters feel. They are too dumb to know what’s best for themselves, anyway, right UN?
"I don't see how (the new laws) can be compatible with existing conventions," Yury Fedotov, the Russian executive director of the United Nations Office on Drugs and Crime (UNODC), told reporters.
Fedotov said he would be raising the problem next week with the US State Department and other UN agencies. Washington, Oregon, Alaska and Colorado: You're in big, big trouble...
For you Putin lovers here, this action demonstrates the Control Freak Psychopathy which Putin actually has. He is just as statist as that fucking asshole in the White House. There is NO DIFFERENCE. The Director is on Vlad's payroll and Putin pays him to act in Russian interests.
No Putin is not any better than Obama. They are ALL FUCKING PSYCHOPATHS and anytime that they act they do so in their own best interests.
The sooner that the fact sinks in then the better off you will be as you will stop looking for someone to lead you and become a leader yourself. LEAD YOURSELF.
+1
But note, Putin might be useful to us. Do not forget the enemy of my enemy is my frenemy unless of course they are in cahoots behind the scenes. Hint: It all depends on how flexible you can be.
Anyone who saw that clip of O and Med chatting and still thinks Putin and O are not aligned needs to explain what flexible meant and how it is different this time.
Explain this then. In one of the Vice News videos on Ukraine, on youtube, the crew is riding out to see the aftermath of a battle. They get out of their ride. Standing by a gas station, the fence behind it has collapsed, revealing a ... nice healthy garden. This was in the Russian speaking part of Ukraine. What do you have to say about facts on the ground trump a pile of legealeaze(sp).
Is there a discount to emigrate to Russia along with the other Zero Hedgers? Where are y'all meeting?
I want to be part of the reconstitution of the Soviet Union into its latest iteration. Sure, there will still be gulags (ask Mikhail Khodorkovsky), a state-controlled media (see, e.g., Russia Today), reduced life expectancies (almost a decade behind the good old USA) and the traditional diminished GDP per capita die-hard Soviets have come to know and love (the current Russian per capita GDP is a fraction of US per capita GDP), but we'll have a kick-ass president who invades neighboring countries in the morning, shoots bears in the afternoon and judo-flips placid, compliant flunkees in the evening! What more could we want?
So where are we meeting up - Vladivostok? St. Pete?
Khodorkovsky used fraud and mafia means to take over a large portion of Russia's oil wealth. Is your point - American Fake-riot - that certain people need to be above the law?
He'll really look like the genius he believes he is when gold hits $800.
What would happen if Putin ran the United States?...
<<That!>> would be intersting!
One up mate as I totally agree. Putin's our best hope at the moment, and he certainly has the smarts to stick it to the Zio-west empire.
Just wonder how long he'll last before something 'happens'!
All - hello, first post although I've followed ZH for a few years. Great site and great commentators (in general).
Layers
They're just doin' what Uncle Al told um to..........
GO PUTIN GO ! !
Putin must be a terrorist
yup...us ZH'ers and such, Putin, and ISIS...we're all on the enemy list of a treasonous, Marxist, who hates America and acts like a dictator.
Meanwhile, he allows the funding and arming of ISIS to use against the rest of us so he can label us as terrorists by association for liking PM's much more than his bankster overlord's fiat Ponzi ass paper.
I think they should start making Twilight Zone shows again. They could get 100 new stories worthy of the show just from the last 6+ years of totally FUBAR shit that we've had to deal with.
Yep where the US has become the USSA, and Russia has become the beacon of Democracy (less of course pussy riot).
Remember Bush wasn't kidding when he said that you're either with us or you're against us - and all that that entails. We'll all be rounded up one day for our views here....
He is on their Wanted Dead List, at the top of the list, considering he has this much gold they can steal if they can get the J-Mafia oligarchs back in control like Ukraine. Guess then they would route all the transport planes from Afghanistan to Moscow to whisk the GOLD away in the middle of the night.
What is Iraq's gold doing in the US ? When did it get here , middle of the night ?
I love the picture. It makes me reflect on the average brain size and IQ of the three racial groups represented. Sometimes when you have some information things look very different to you; this picture might as well be labeled.
My limited understanding still brings into the realm of my knowledge...the fact that sanctions have forced the Russians to buy up their own mining production.
That also explains why they said a week or so back that "Russia may sell some gold". They are likely buying domestic production beyond their own planned purchase schedule. Hence sitting on "extra". One way as well to bypass the sanctions...or am I being too simple?
The big giant azzhoes manipulating the gold price lower & lower dont give a sh*t the ruskies & chineses are buying hand over fist gold @ firesale orices cuz they're doing the same while all the serfs & peasants are distracted by all the MAM bullsh*t thay gold is a bad investment. At least the fudge packet in chief was inducted into the Wives Club tea party while the big boys are buying up every tonne of gold they can get. Go figure.
A Lunatic A +5,000,000 (immigrants)!!!
Funny as shit!
<removed>
"<removed>"
From where? ~ Ft. Knox? 33 Liberty? or GLD?
FFS ~ Let's REMAKE the movie 'Goldfinger'... PUSSY GALORE'S FLYING CIRCUS can do a flyover of Rothschild Blvd. in TEL AVIV to get the fucking party started.
Funny you'd mention her. She was on the Tele last night. Looked as promising as ever.
What a fool. Shouldn't he be stackin' C-notes?
You can light a cigar with a C-note, I've seen it.
/s
I don't think Putin does coke either ( that's Backdoor Barry's game ), so he really has no use for the C-notes.
Somewhere in the world, there must be a donkey crapping out gold,from his ass at turbospeed...
Where else can it all come from?!?
"Where else can it all come from?!?"
China, like everything else. Just don't disappoint oneself and remove the wrapper.
Barbarous! Perhaps he wants a gold plated bomber to pimp in the Gulf of Mexico?
Real money, and I'd bet they have a coordinated plan with China and the rest of the BRIC's to abandon the Dollar.
Substitute it with a Renminbi, tie the Ruble to it, and include Africa and South America and anyone else possible in exchange agreements.
All of the U.S. headed the way of Detroit.
are you going to watch?
Everyone is watching whether they like it or not, just depends on how close to the action you want to be.
As with everything else America has produced, the demise of America will be grandiose and it will be a mega TV event. 24/7 nonstop people crying and wailing and whining for weeks on end. But at least they will be draped in lots and lots of reds, blues and whites.
This is America and who thinks America will go down quietly without much drama is definitely going to be surprised.
The ratings will be through the roof!
trader1 said: "are you going to watch?"
With glee.
Careful Putin, I did that quite a few years ago and my butt don't feel so good.
Rumor has it Putin placed his order with Tulving.com. He's still awaiting delivery.
http://about.ag/tulving.htm
The Germans are still waiting for theirs to be shipped back from the US. I'm assuming both will receive their precious at the same time.
Putin can't get the time of day from the central bank, much less to buy gold for Russia's benefit.
Hahahaha, all this gold and silver buying but the price keeps falling. The banksters are breaking every law in the land, even the laws of supply and demand.
FUCKERS! Death to the money changers!!
That is because they keep quoting paper gold prices. And that is how they are ripping off the suckers who sell their gold jewelry. Very smart, crap the economy so people are desperate for dollars they can print ad infinitum while driving gold prices to the bottom. Its a stagecoach robbery folks, and it ain't Billy the Kid but more like Jerry the Kidfein. They are blasting the airwaves with commercials for sell your gold jewelry for cash.
That is because, they take over countries, ship out the gold for "safe keeping", rent out the freshly arrived stock, to a party that sells to cover claims that can not otherwise be dealt with, with more paper.
That's because decreased supply and increased demand means falling prices in a Krugman kinda world
"Krugman lives in an ivory tower. He has no practical real world experience. His experience is all academia." - Lance Roberts
That video was nothing but 90 seconds of pure propoganda and had nothing in it about Putin's strategy. Cameron looks like a penguin in search of a UKIP taxidermist.
And it looked like they slipped in a few frames of a downed airliner just to associate Putin with it in the minds of the mindless.
I know, hard to resist the urge to smash your smartphone against the wall when you watch that level of propaganda: of which the Brits are masters.
To think it has always been that way and that we are barely scratching the surface on the media manipulations we have been subjected to all those years.
Puts "History" in perspective doesn't it?
As mentioned by Yours Truly a number of times and most recently yesterday*, when can we expect them to be OFFICIALLY back the Ruble with Carbon-Fuels and Gold?
* Wed, 11/12/2014 - 14:05 | 5440986 Kirk2NCC1701
"Putin "Prepares For Economic War", Buys Whopping 55 Tonnes Of Gold In Q3"
What a dope! He missed out on snapping up Honey Boo Boo and a butt enlargement.
An American, not US subject.
"I can't go to the mall anymore, as I only see dead people walking."
This is a "Tragedy of the Commons" type problem .
The commons is the global trading community . This includes currencies .
Without Ostrum Principles , the system collapses into a desperate hunt for relative advantages , tariff wars , etc
There will be a hot war soon . Everybody saw what happened during the last Cold War .
WW 2.5
See
https://www.academia.edu/9289413/Relative_advantage_leads_to_war_
http://andreswhy.blogspot.com/2014/11/laundry-economics.html
"This is a "Tragedy of the Commons" type problem ."
No, this is a theft, tyranny and treason problem.
An American, not US subject.
"To serve treason, and protect tyranny."
...and Gold down LOL
So, Gruber, how stupid are the Russian voters?
Not so much.
Is Putin buying from the same exchange as ISIS?
buy stawks...
"S&P assigned a junk rating of BB- to Twitter's TWTR, +0.03% credit on Thursday, saying the microblogging site's business risk profile was just "fair." The ratings company said it has a stable outlook in Twitter's credit, to reflect the company's high growth potential over the next several years, including expectations of healthy monthly active user (MAU) and revenue growth. However, S&P does not expect Twitter to pursue shareholder activities such as buybacks and dividends. S&P also issued a BB- rating and a "3" recovery rating on the company's $1.8 billion in convertible debt issued in September, which indicates expectations for a meaningful recovery of as much of 70% of principal in the event of default. Its shares fell 5.2% to $40.33 in recent trade."
It's like.... enough to make a lifesize solid gold replica of Optimus Prime.
Where is Optimus, haven't seen him in a while.
Apparently no one told him that mercantilism is an obsolete economic theory. Only by building you nation's productive capacity can you increase economic wealth and influence, and to do so a free market, open political system and lack of stupid wars is de rigeur.
I guess you missed the article about Russia building 8 new nuclear reactors for Iran. Is that productive? Or how about this technology that sent the US Navy hightailing it out of the Black Sea.
http://www.voltairenet.org/article185860.html
Ruhro.
That's a fucking gamechanger right there if accurate.
Puts the news today of expanding Russian flight ops into a different light.
Yeah I thought it was incredible. If correct it means the end of the US empire. There will be NO MORE pushing against the Russians and they are on the offensive now.
I was kind of waiting for the usual pack of Russophobes to show up and mock the outdated, easily-defeated vacuum-tube Russain technology.
The story is partially true - the Su-24MP is the EW version and they probably slapped a set of KNIRTY jammer pods on it. It would have serously messed with the Cook's SPY-1 radar and AGEIS ship defense systems that close in. Those jammers are damn powerful - EMP in a can.
When you think about this though, you have a 34-year-old, maybe $20M Russian swing-wing figher-bomber able to penetrate or disable the AGEIS system and air defense radars and get close enough for a kill on a state of the art $1.8 BILLION dollar Arleigh Burke–class destroyer. It actually took two Russain aircraft - there would have been another one at a much higher altitude and further away providing complementary jamming for the low one.
The U.S. has similar capability with the E-6 and F-18. The one thing we don't have is experience with really high-powered radar. Russians have always loved to build them. The KNIRTY jammers are like a bunch of ultra-high powered industrial microwave horns that are operated in a phased-array manner through a dialectric lens. That means they can steer almost all the jamming power into a narrow beam directly into, oh, say a SPY-1 radar. They have to water-cool the jamming pods when they test them on land, otherwise they would get hot enough to melt.
The layered defenses of the Arleigh Burke destroyers are designed to intercept aircraft far enough out so they never get close enough to wreak havoc with the jammers. The Russians figured out a staggered approach technique with dual-jamming that supposedly defeats the long-range radar and any on-board terminal radar on a SAM.
The original article (from a Russian site, I believe) claimed a bunch of Donald Cook's sailors resigned after the incident. I doubt that and wonder how well the Russian techniques actually worked. Of course, nobody - especially the Donald Cook crew - is going to say either how well the ship's defenses actually performed or if they were blinded by the jammers.
Talk to anyone who crews one of these destroyers and they'll insist it's radars are absolutely invinceable. On the other hand, Soviet-era radars on the old MiGs were reportedly powerful enough to smoke rabbits and other assorted rodents anywhere near the runway when they fired them up. Brute force isn't pretty, but it works.
Real Damage of this info is threat to Aircraft Carriers which are few in number, long production time, and more expensive.
Good post.
Maybe you worked for the same guys I did, once.
People always forget the Russian Mind: use a hammer to kill a fly.
Of course, in Action, we would be using jam/counterjam also.
Can we sue the Navy Radar/Aegis Contractor? Maybe ban them from Contracts?
Iran sanctions are 100% a failure. The stupid Canadians, French and Germans are not going to build Iran's nuclear infrastructure. The Russians will do it for them. Now the US mafia led sanctions against Russia are hurting the trade in France and Germany for sure.
How long before they all tell the US to fuck off and mind their own fucking business? There is absolutely no need to put sanctions on Russia other than to satisfy some American imperialist geopolitical wet dream!
DROP THE SANCTIONS ON RUSSIA NOW
I cannot find any valid account of the event.
Voltaire is pretty reliable, but they have no confirmation.
If it did happen, it is highly classified.
The event happened and AP had a story on it. It was posted on ZH.
The concrete facts are that the Donald Cook was deployed to the Black Sea for a couple of weeks and, at one point, buzzed by the Su-24. The Cook then made a port call in Romania and then left about a week later.
Everything else about the incident is speculation. Nobody knows.
We do know that putting an Arleigh Burke-class destroyer in the Black Sea is a provocation on par with the Cuban missile crisis. The Cook can carry nuclear-tipped cruise misslies - Russia didn't care to have it bobbing around their back yard.
Oh really? So how about trying that concept here instead of stealing people's natural resources and finished products via "currency" created out of thin air.?
So... You haven't seen Putin recover much of Russia's GDP since the collapse of the soviet union?
Or not march into Kiev in 6 hours?
Or continue to avoid direct confrontation in Ukraine?
Or set up a 10 billion dollar fund to invest in high growth areas of the Russian economy?
Have you been paying attention at all?
13% flat tax.
Who is free and who's enslaved?
"Paging Lois Lehrner. Paging Lois Lehrner. We have upstarts we need you to crush."
Tradition, long term tradition
The historic gold to oil ratio average since 1946 is around 14 +- barrels to one ounce gold. That is close to that average today. Overall a decent stable relationship http://www.macrotrends.net/1380/gold-to-oil-ratio-historical-chart
Jus install adblocker to get rid of the Russian wife ads
I'd go for a Russian wife, if I didn't have one already, or if she didn't mind being a sister-bride.
Alas, US Immigration is opposed to dual wives -- which are FAR more beneficial to the US economy than Dual Citizens.
just a rumor... Russian brides come with gold dowry hidden like Russian dolls
does this mean the russian bride ads go away?
I will be so disappointed
why would the worlds oldest profession go away ?? ofcourse they'll be still ads
They'll be replaced by American bride ads.
"Dwarfing the rest of the world's buying in Q3, Russia added a stunning 55 tonnes to its reserves"
What's this bullshit? China is withdrawing almost that much EVERY WEEK from the SGE and India is close behind.
https://www.bullionstar.com/blog/koos-jansen/chinese-gold-demand-strong-...
China does not officially report gold purchases on an annual basis. One can only speculate on what amount of the SGE figure goes to the central bank and what goes to the public at large.
55 tons of gold used to be almost a working day money in good old QE. Thanks Ben that money was well spend.
You know, it almost seems as if that Harvey Organ moment might actually not be that far off after all...
I have never understood this 'gold' thing, but now I am starting to understand it and its relationship to real money which is backed by gold.
When a currency is backed by something that represents 'value' as in gold, the currency has value too. The words on a green back or any other country with fiat, does not amount to anything if a country goes broke or experiences hyper inflation.
If you have a currency backed by gold, it will always be worth more than toilet paper.
Albert Edwards, Japan, Yen 145, beggar-thy-neighbour, threats of retaliation, large naval manoevers, China reveals gold holdings... In order of escalation - sort of. What comes after that last one though...?
what good is apple @125 if U.S. ceases to exist?
Less people working, more people lining up for Obama phone 7, 8, 9, 10 etc
# WINNING
USA prints what it takes
Putin buys GOLD, Obama buys Tee-Times for him and Reggie LOVE. Questions?
Vlad is still pussy-futting.
Wait till he puts in an order for 200 tonnes.
Interesting how as his currency becomes backed by more and more gold, his ruble is dropping whereas the opposite is happening for the US dollar. As more is printed the more value it is taking on. Go figure.
PS Make that an order for 2000 tonnes!!
Very good point, but when you control the mass media its easy to pull numbers out of your ass and feed them to the sheeple.
Never mind all that .
They also bought soccer teams .
Play soccer and learn to win .
See
https://www.academia.edu/9290077/Passionate_Boots_Win_at_Soccer_
Yep, we all sawr putin meister walk up the gold value menu and order a buttload of gold.
Really???
Almost like the elites found a shitload of gold, and need to sell it to a big bunch of saps. Too fucking coincidental.. JUST TOO!!!
Your nap is over, please wake the fuck up.
Putin buys Gold ... and Now will make the Russian Middle Class very wealthy !!! Russian people will benefit immensely from Putins permanent Rule over them !
oh oh, My bad, he's really a hollow man acting on behalf of NWO Banks, and will turn on russian people and piss on them !
Yes Yes, you guessed it... he will piss on them and give them a Golden Shower
all this gold for you poor people... pssssssssSSSSSssss pSSSssssssssssssssss
ah ah .. more gold, just open your mouths and here it comes... hahahahaha
Putin is great
15 Years of Putin
http://ozziesaffa.blogspot.com/2014/06/15-years-of-putin-rule-in-one-infograph.html
Russia has 13% Flat Tax only
http://www.heritage.org/research/commentary/2003/03/russias-flat-tax-mir...
Russia has lowest debts of any major country
See Economist World Debt Comparison World Debt Clock compare countries
better worry about your own country
you like some Gold ? don"t worry my friend, Putin and the NWO will piss a mighty golden shower upon the filthy people
you are so lucky to have this
PppssssssssssSSSssssssssssssssssssss Pssssssssssssssss ah gold for my little dirty friend PSsSsssssssssssssssssssssssssss
and i"m spent
HammJamm, if he really was a holoman as you put it, working for the NWO, you would be on here singing his praises, cause that's your type. Instead, you're on here attacking him.
you like some Gold ? don"t worry my friend, Putin and the NWO will piss a mighty golden shower upon the filthy people
you are so lucky to have this
PppssssssssssSSSssssssssssssssssssss Pssssssssssssssss ah gold for my little dirty friend PSsSsssssssssssssssssssssssssss
and i"m spent
"A honest currency is the first step towards an honest government.
A dishonest currency is the last step towards the failure of a dishonest government."
-EJ Moosa
I'm confused yahoo finance said gold is bad and Putin is stupid and Putin will have to sell his gold because owning gold is for stupid people
Maybe putin should buy F22 Raptor @ 356Mill$$$ "EACH" that don't fucking work/ "JUST SAYIN"
"I have zee gold and all you have is tungsten and ink....bwaaaaahahahaha."
Until Russia backs its currency with Precious Assets (Carbon fuels plus Gold), the Fork in the Road has not been reached.
I.e., Appearances and posturing aside, it is still LIKELY** that both Russia and China are not opposed to a "NWO", but are merely positioning themselves for a fair deal at the NWO and SDR table. There cannot and will not be global acceptance of the SDR until these two (and perhaps India) get their seat.
The current allocation of currencies backing the SDR is a joke: USD, EUR, JPY, GBP. It's a joke, insofar that the UK has a share (bigger than Germany's share via the EUR), when China, Russia and India do not.
For the SDR to be globally acceptable, there has to be a G10 to G20 participation. TPTB in the West are clinically insane, if they think even for a minute that they can impose their sociopathic will (to rule the world), w/o the participation of the BRIIC countries.
** Note Putin’s recent speech and his 10 Points, at the economic forum in Sochi, Oct. 24:
“10. There is still a chance to construct a new world order that will avoid a world war. This new world order must of necessity include the United States—but can only do so on the same terms as everyone else: subject to international law and international agreements; refraining from all unilateral action; in full respect of the sovereignty of other nations.”
+1 for Putin the gold buyer. His people will be glad he did this sometime soon.
On the other hand, if there really is a currency 'WAR' and he wants to bury us, why doesn't he buy all the silver and go for the jugular?
Why not? I double-dog dare him.
Ha hasn't got a hair on his ass or the interests of his people at heart if he doesn't.
<that ought to do it>
Trader Dan is unimpressed Just look at the ETFs!!
Spot gold monthly from October
http://bullandbearmash.com/chart/spot-gold-monthly-closes-3-1140-key-sup...
keep buying Vlad - you'll get it right eventually - support near 1050
i don't think they care much about the price of gold in dollars except that putin is unloading all of his dollars to buy gold(instead of frantically trying to cover the ruble collapse like the msm tld me). he must be laughing all the way to the vault buying cheap gold with a strong dollar he doesn't really need anymore.
I surmise that China is ridding itself of Benny Bucks as quickly and quietly as possoble, it may seem wastful with some of their activities but I see it as a game of musical cairs - get rid of the $ before the music stops.
And what is China buying with It's strong USD? Saudi OIL,OIL,OIL and more cheap OIL, by the fucking boatload.
Xi trades extra bucks to Vlad for Au under the table, Vlad compensates Xi w extra oil and gas.
Silver Doctors:Jim Willie says that the Chinese Have Acquired a majority controlling interest in the Federal Reserve.See if any American taxpayer can find out who all the private banking owners are worldwide that own it.You can't find out,it's a secret and even a secret that your elected politicians can't inquire or find out about because that would be illegal and you could be punished by imprisonment.
http://www.silverdoctors.com/jim-willie-chinese-have-acquired-a-majority...
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/13_P...
Private Central banking = no fucking accountability to the people. That's what's wrong with it.
The nation pays interest to a central bank for magicly creating money to pay the nation's bills when we could create the magic money ourselves ... w/o paying anybody any interest, compounding ... but then where's the bankster's cut?
I'll bite. But let's walk through the Logic 101 class, shall we?
If NO one knows, and our Politicians don't know and can't get access, then LOGIC BEGS: "Who the fuck is "Jim Willie", to be making these claims?" Aside from being a clever guy with a good imagination and a cult following. This is insulting to anyone with an IQ higher than room temperature.
p.s. If you can't respond with a robust answer, junking doesn't count, and simply betrays an emotional response.
Where is the American public's gold?
Where is the gold the US was supposed to be holding for foreign countries at the time of the Nixon shock? I mean - did everyone forget?
where is the gold?
Is there a secret reserve, or is it in the basements of Rothschild estates? Is it hidden in the Negev, awaiting the rebuilding of the Third {second} Temple??
I always wondered, in this day and age, what would happen if they really did find a way to create gold? ( artificially )
I mean, they have CERN, technically it is possible to create the right building blocks.
All that gold would be worthless in an instant? And who says they haven't already.
They once made 4 grams of gold- when the electric bill came the gold making engineer was summarily executed.
Yeah...right after we learn how to predict the weather....LOL
We know the physics behind it well enough to know the energy expenditure is much, much higher synthesizing gold from other elements than it is from mining. There's no magic alchemy that's going to change the physics. It'd take a manhattan-project level investment just to create the machinery to make a few ounces, and that's not even counting energy costs.
In other words, it will never happen until we can harvest an entire star's energy and there is no available gold whatsover in the entire solar system.
Tungston is converted into Gold all the time
Yes, gold can be created artificially in a particle accelerator or a nuclear reactor.
The downside to the reactor approach is that the produced gold is radioactive, and possibly unstable.
The downside to the accelerator approach is that the cost of the electricity needed to power the process is orders of magnitude greater than the value of the gold produced.
If we do get to the point where gold can be efficiently created in particle collisions, that will mean that humanity will have learned to harness controlled nuclear fusion and/or matter/antimatter reactors.
So diluting gold would render it worthless.
Wonder why many don't see it that way with fiat currency....
Comrades! Translation request please: How do you say Gold, Bitchez! in Russian?
Gold in Russian - zoloto
Zoloto -- accent on the first "o".
Zoloto Sukizzz
I think.....
I can't imagine why anyone would want to get away from our federal controlled fiat printing/gold monkey hammering system. Would be something if they developed a more stable financial system than our TBTF bail out system can supply.
http://www.4-traders.com/RUSSIAN-ROUBLE--US-DOLLA-2373630/
And this is with 1500 tons, not working guys.
Ukraine must have bought 5000 tons, judging by the way their currency (UAH) strengthened in the last 2 days.
http://www.oanda.com/currency/converter/
Putin loves gold!! ISIS loves gold!!
Terroristtas!
The "Barbarian" is just warming up. You think he's going to let the rudderless EU/USSA off the hook?
:)
I don't think wasting money on gold is such a good idea. Certainly not a good idea if the underlying motivewas to prepare for war.
Putin would have been realy smart if he used that money to buy graphite and other "rare earth" metals. These are what will be worth more than gold, once sanctions turn to embargos and blockades.