When is the next report due ? I need your antidote. There has been too much crap paddled the last few days by my newspapers over here in Holland. They are all PR agencies for the pro Europe pro bankers league it is sickening.
REACH 6,000 TONS IN THE NEXT 3-5 YEARS AND PERHAPS 10,000 TONS IN 8-10 YEARS.’….wait a minute…..if this keeps on going like this when will gold be $10,000. per oz. and silver $ 1000.00 ? It seem’s that we’re chasing the carrot down the same road that they’re kickin’ the can !
Down here in New Zealand, our central bank has zero gold reserves…….. nothing.
Sold the last of our gold in 1991.
10.000 tons in 8 to 1o years ? Nah !
They’ll do it in half that time and by then my great grandchildren will speak fluent mandarin. 🙂
SLA-mdunk in Oz.
When this these prices finally take off. Geeez! Painful waiting like this….just take off already…..F ck!
I’d suggest that China is doing all it can to prevent the price of gold spiking until they reach the level they feel comfortable at to declare the RMB as a gold-backed Reserve currency.
In other words…they are in no hurry…so we shouldn’t be either: nothing is changing for the better regarding the fiat currencies……meaning the upside will slam upside their fool heads…while those of us accumulating during the dips and valleys are on the exact correct course.
Be patient…we are doing this to be wealthy…we are doing it to preserve purchasing power, maintain equal footing with other vital commodities.
Remember, gold and silver are money commodities. Real money.
Wow. They’re trying to take us all over! Whats with everyone stockpiling so much gold lately? Hmm…
Well I doubt that the US is going to give Germany back their gold . If we have it . I really question if all the gold is in Ft Knox thats supposed to be there . They know this whole mess is coming down on a global failure . I was just reading an article yesterday that says a single mom here in the US get $81,000 a yr in govt benefits . The spending and debt cant go on . The federal reserve is just propping up the stock market for as long as possible . They are giving themselves enough time to position for whats coming . The govt has been purchasing hundreds of thousand rounds of hollow point bullets . They are illegal to use in wars . So theUS govt must be expecting civil unrest . At some point the welfare checks are stopping and people wont be able to get their paper nothings from the banks .