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Thread: It is now unstoppable and a force in and of itself

  1. #1

    Default It is now unstoppable and a force in and of itself

    http://www.zerohedge.com/news/2012-1...-gold-holdings

    Another country demanding it's phsyical gold.

    This is going to snowball....and fast.
    "Like an army falling, one by one by one" - Linkin Park



  • #2
    Grumpy Old Geezer Dr.3D's Avatar
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    LOL, from the comments....
    doomandbloom

    Lets 'democracy' Ecuador.

  • #3
    Member Zippyjuan's Avatar
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    $1.7 billion worth.
    Freedom is a state of mind. Nobody can take that from you unless you let them.

  • #4

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    Ahahahahahahahaha. I may not survive the laughing fit if this turns into an international run on gold.
    The proper concern of society is the preservation of individual freedom; the proper concern of the individual is the harmony of society.

    "Who would be free, themselves must strike the blow." - Byron

    "Who overcomes by force, hath overcome but half his foe." - Milton

  • #5

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    Please please please. You didn't give us the nomination, please God give us a run on gold. Pretty please. I'll stop picking on Collins.
    "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
    —Charles Mackay

  • #6

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    Rehypothecation times 30 has many, many claims on the same gold. As these CALLS on these claims roll in, it will be apparent that the paper claims are FRAUDULENT. It will drive the price up, much, much higher.

    What happens when 30 people, all with a promisary note for the same asset, call on their claim?

    Calamity. And much higher prices.



    Quote Originally Posted by Zippyjuan View Post
    $1.7 billion worth.
    "Like an army falling, one by one by one" - Linkin Park

  • #7

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    Quote Originally Posted by Seraphim View Post
    Rehypothecation times 30 has many, many claims on the same gold. As these CALLS on these claims roll in, it will be apparent that the paper claims are FRAUDULENT. It will drive the price up, much, much higher.

    What happens when 30 people, all with a promisary note for the same asset, call on their claim?

    Calamity. And much higher prices.

    Confiscation came to mind.

    They tried it before.

  • #8
    Grumpy Old Geezer Dr.3D's Avatar
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    Quote Originally Posted by Carson View Post
    Confiscation came to mind.

    They tried it before.
    Yeah, but Burnthankey said gold isn't money.

  • #9

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    Quote Originally Posted by kathy88 View Post
    Please please please. You didn't give us the nomination, please God give us a run on gold. Pretty please. I'll stop picking on Collins.
    LOL!!!

  • #10

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    It is exactly this.

    Quote Originally Posted by Acala View Post
    Ahahahahahahahaha. I may not survive the laughing fit if this turns into an international run on gold.
    "Like an army falling, one by one by one" - Linkin Park

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