Fractional Rerserve bank lending 101

[midas]

StreetCowboy, a piece of paper is a piece of paper. There is no value in it. The banks are buying up gold and silver like there's no tomorrow. The USD will collapse along with other fiat currencies connected to it (all). Sent from my iPhone using Thaivisa Connect Thailand

I'm touched by your faith.

Whose going to buy your gold when the banking system collapses?

The bloke with the most shotgun shells? Why's he going to buy anything?

SC

Then if it so worthless why it is it so difficult for the US Fed to give the gold back to Germany?

5 measly tons in one year?

It's no wonder no one is allowed to see the gold in Fort Knox because it's not there.

http://sufiy.blogspot.co.uk/2014/01/there-is-no-german-gold-left-at-new.html

[SheungWan]

Gold has been money for the past 5,000 years. Silver is a backup to gold. The gold shops where I live are full if buyers at the end of the month, they know what's happening! Sent from my iPhone using Thaivisa Connect Thailand

You mean like they know the price dropped 28% in 2013?

[midas]

Gold has been money for the past 5,000 years. Silver is a backup to gold. The gold shops where I live are full if buyers at the end of the month, they know what's happening! Sent from my iPhone using Thaivisa Connect Thailand

You mean like they know the price dropped 28% in 2013?

who cares ?

the Chinese and Indians are happy to keep quietly and consistently stacking the real stuff and I would much rather rely on their instinct than those in the West who caused the 2008 financial crisis

[SheungWan]

Gold has been money for the past 5,000 years. Silver is a backup to gold. The gold shops where I live are full if buyers at the end of the month, they know what's happening! Sent from my iPhone using Thaivisa Connect Thailand

You mean like they know the price dropped 28% in 2013?

who cares ?

the Chinese and Indians are happy to keep quietly and consistently stacking the real stuff and I would much rather rely on their instinct than those in the West who caused the 2008 financial crisis

So there we have it. No figures, but instincts galore.

[suwat69]

And your contribution is? Just criticism and no facts? Hmmmm

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[suwat69]

I love this, keeping all of your comments for an 'I told you so' moment.

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[suwat69]

Have you watched the video I posted yet? Have you got a video or any evidence to back your side of the story?

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[sustento]

There's obviously a killing to be made in tinfoil...

[SheungWan]

I love this, keeping all of your comments for an 'I told you so' moment. Sent from my iPhone using Thaivisa Connect Thailand

There's obviously a killing to be made in tinfoil...

You've got at least one customer up above it would seem.

[suwat69]

Nothing constructive to say, blah, blah, blah. Full of BS and nothing to contribute, except blah, blah blah.

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[StreetCowboy]

Nothing constructive to say, blah, blah, blah. Full of BS and nothing to contribute, except blah, blah blah. Sent from my iPhone using Thaivisa Connect Thailand

This thread must be magnetic, the amount of irony it attracts.

For most of my life I used bits of paper that were not even legal tender, that's how much trust I had in the banks that issued them

[StreetCowboy]

Nothing constructive to say, blah, blah, blah. Full of BS and nothing to contribute, except blah, blah blah. Sent from my iPhone using Thaivisa Connect Thailand

This thread must be magnetic, the amount of irony it attracts.

For most of my life I used bits of paper that were not even legal tender, that's how much trust I had in the banks that issued them

[sustento]

Worth repeating.

[sustento]

Worth repeating.

[suwat69]

Still no facts, only critisism... Of something you know nothing about...

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[suwat69]

Facts please...

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[sustento]

StreetCowboy, a piece of paper is a piece of paper. There is no value in it. The banks are buying up gold and silver like there's no tomorrow. The USD will collapse along with other fiat currencies connected to it (all). Sent from my iPhone using Thaivisa Connect Thailand

I'm touched by your faith.

Whose going to buy your gold when the banking system collapses?

The bloke with the most shotgun shells? Why's he going to buy anything?

SC

Then if it so worthless why it is it so difficult for the US Fed to give the gold back to Germany?

5 measly tons in one year?

It's no wonder no one is allowed to see the gold in Fort Knox because it's not there.

http://sufiy.blogspot.co.uk/2014/01/there-is-no-german-gold-left-at-new.html

If Glenn Beck is in on the investigation it must be serious!

[sustento]

Ok, watch this video and let me know comments. If anyone has a counter video, happy to look and comment.

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My only comment would be that the video was made by a man who has a website that makes money by trading in gold and silver. What a surprise!

[midas]

StreetCowboy, a piece of paper is a piece of paper. There is no value in it. The banks are buying up gold and silver like there's no tomorrow. The USD will collapse along with other fiat currencies connected to it (all). Sent from my iPhone using Thaivisa Connect Thailand

I'm touched by your faith.

Whose going to buy your gold when the banking system collapses?

The bloke with the most shotgun shells? Why's he going to buy anything?

SC

Then if it so worthless why it is it so difficult for the US Fed to give the gold back to Germany?

5 measly tons in one year?

It's no wonder no one is allowed to see the gold in Fort Knox because it's not there.

http://sufiy.blogspot.co.uk/2014/01/there-is-no-german-gold-left-at-new.html

If Glenn Beck is in on the investigation it must be serious!

is that honestly the best you can do? Only a feeble attempt at character assassination of one of the messengers?

You can't stick to the subject matter can you because you've got nothing

[midas]

Ok, watch this video and let me know comments. If anyone has a counter video, happy to look and comment.

Sent from my iPhone using Thaivisa Connect Thailand

My only comment would be that the video was made by a man who has a website that makes money by trading in gold and silver. What a surprise!

is that all you can do? look for ways to just discredit the source?

ok Canadian broadcasting Corporation doesn't have any vested interests in the gold market ?

In their documentary " the secret world of gold " they revealed the CFTC is sitting on information that implicates JPMorgan as manipulating the futures market in Silver and Gold.

[suwat69]

WelI, I am advocating that all invest in gold & silver, I have no vested interest in it, nor I believe has Mike Maloney.

Hold if you like, or don't, whatever.

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[midas]

WelI, I am advocating that all invest in gold & silver, I have no vested interest in it, nor I believe has Mike Maloney.

Hold if you like, or don't, whatever.

Sent from my iPhone using Thaivisa Connect Thailand

history alone shows what the right thing to do is