mSparks

... Before a panic, and a reckless reaction leads to money printing

No.

The Royals print money as economic warfare against their enemies.

Something similar is happening in Rhodisia Zimbabwe now, after Mugabe expropriated all the Royals lovely farms and mines, after such a successful transfer to "independence".

I am interested in what led to the money-printing panic.

 

The British printed lots of Weinmar notes and went on an international spending spree as "reparations" for the naughty Germans starting a war.

Of course, I think it was us that started that one too.

yup

http://www.historyonthenet.com/WW1/WW1_timeline.htm

4 Aug 1914 British declaration of war

Germany did not withdraw from Belgium and Britain declared war on Germany.

Guess the King didn't take to kindly to having his family usurped in Belgium.

You are aware that the TV ads are asking you to sell your gold to these companies NOT them trying to sell it as an investment to you?

 

When has there been a blow off top characterised by companies actively asking the general public to sell rather than buy?

Can I throw a conspiracy theory out there.

Those TV ads are government printing in action.

The next couple of months will be very interesting.

 

I think the confusion lay in two very different charts, with different messages, with the same label. It seems GF was misrepresenting your position [no doubt unintentionally] with the old "Pixel8r's lines" chart. Good to see you are still very bullish... wouldn't expect anything else.

 

GF, I think it might be better to put together your own chart showing support at 1000 odd. Pixel8r has moved on with "Pixel8r lines" and most are familiar to this term representing something quite different now....as Pixel8r has explained for us here.

This entire year is going interesting.

I've run some simulations that estimate we are through to the other side of this collapse at 50/50 - something I never imagined was possible this side of 2015, there's one or two unexploded bombs lying around, and a very rough ride ahead for home owners and pensioners, plus a few rather nasty orderly wind downs, but the waters feel positively warmer.

The prospects of circa 3rd century Rome, still a very real possibility just 6 months ago, seem so unlikely now its a surprise whenever something interesting happens.

I must admit though the Rothschilds exiting the gold market in 2004 iirc was a planned move imo, so perhaps it will be the confiscation route.......h'mmmm

Did you know that the Rothschilds have been in the gold market since 1810...

 

food for thought ??

The Rothchilds sold their gold mines in 2004?

I doubt they would do that willingly.

More likely something along the lines of:

http://www.independent.co.uk/news/business...nes-462519.html

Or

http://www.resourceinvestor.com/News/2008/...ld-Mine-in.aspx

well we will have to agree to differ then.

 

I am of the belief that one multi-country organisation does exist & is so big & powerful that it creates & runs the agenda for the whole westernised market.

Once you understand & can interpret the top level agenda the rest just starts falling into place. This is done by watching MSM, world government (especially the US though ) politcal statements & policy creation, financial institutions holdings, governing world bodies, IMF, WHO et al & the many websites that capture all this data.

That may well be true.

But they cannot rig the market, that would imply it is possible to make the other side of the trade willingly commit to something that they know is not in their interest.

At the geopolitical level this can be done by bribery - your typical moral hazard problem - but it is still insider trading rather than rigging, if the information was public bribery would not be possible.

I don't understand why you are trying to explain the term 'Insider Trading' to me, & comparing it to the term 'market rigging' ?? bizarre... :blink:

in http://www.housepricecrash.co.uk/forum/ind...t&p=2350011

you said:

Market rigging is all about timing....

Market rigging is where you can set the price to what you would like, no-one can do this, the market is bigger than any one institution, a price requires at least two agents.

What your "Legatus" and others can do is get information before anyone else, and use this information to see what the market will price at once it gets this information.

The difference is acute.

also, that was exactly the same link as was in my earlier post.

Its not "market rigging"

Its insider trading

Same applies to Central Banks/IMF/World Bank/Private Banks etc - in fact any organisation that has first dibs access to information.

Legatus.....nothing to do with QE (which is only suspended, not stopped)

 

the market IS timed.....apparently

Although the BoE are now voting whether to sell off the assets bought under QE rather than buy them.

any of the chartist's see this coming then ?? (genuine question)

 

apparently for those that use 'fibonacci retracement' it coincided with dates starting the 4th(today) also iirc, but this is not a strong area for me obviously.

Does this count?

Not really "chartist" tho.

Phew this is quite a ride! WTF is going on!?

The 23rd of November Theory insists on not being proven false.

 

Let's hope they like you when they find out.

Don't you mean

Let's hope they like us when they find out.

Nah, you've got completely the wrong end of the stick, I believe house prices should be much much lower it's the people I was telling with a VI for high house prices who thought I was a pessimist.

 

Imagine what kind of life we could all have if we didn't have to pay bankers rent to live on our island we could all start small businesses spend more time with our family.

sack that.

I like my slaves.

They ARE heavier.

So profit there then?

Buy Kruggers

extract the extra metal

sell the gold thats left as Maples and Nuggets for the same price you paid for the original kruggers.

That is often the charge used against realists.

 

I got a similar response when I suggested house prices were going to crash a few years back.

 

Water off a ducks back.

And it never occurred to you that house prices crashing was a good thing for the future?

I would say it was far more relevant to this thread than arrogant crowing about how well you have done with a company that has f&ck all to do with gold!

On the contrary, it is an example of how people are programmed to concentrate something irrelevent, such as gold, and ignore something incredibly valuable, such as someone looking to buy up all of something for £3.29 that you can currently buy for £2.80

If only the paper printers truly understood what havoc they have brought on the future.

What a pessimistic fellow you are.

you sound like Malthus.

->The first modern competition between gold and paper money ended like the pre-modern ones. Gold won.Herewith, a short summary: [insert irrelevant gibberish here]

vs [repeat prescription]

http://en.wikipedia.org/wiki/London_Gold_Pool

I personally am very interested in how fiat was accepted in place of a gold standard and how it is maintained in the internet age but obviously its just me.

http://en.wikipedia.org/wiki/London_Gold_Pool

The problem is value, a very contingent thing, is eroding from both assets and currencies today [i've referred to this as hyper-deflation], jeopardizing the global economy. If the process is not arrested [and I think gold/ a new Bretton Woods can play a role here] then, as you suggest, we may be looking at tanks and bombs. Personally, I think governments are a bit more inventive than that.

I see two main problems with the whole idea that the global economy could ever go back to a "gold standard".

Firstly, price fixing is illegal in all modern states.

Secondly, price fixing pretty much guarantees corruption and black markets.

Perhaps that was a very clever reference to SIVs and nothing to do with them there mesh thingies....!

Well I wouldn't be getting my hands dirty.

There's people who like that sort of thing.

I'm not sure which is worse.

That I didn't know how to spell it.

That its wasn't entirely unintentional.

Or that it only took a fraction of a second to realise that was probably the best way to spell it anyway.

Ta

 

Its only s small iceberg it'll hardly cause a scratch.

 

£1,103 is it only me that wants to talk about gold?

$1,104/1,104.7

in other news.

NWG.L responded quite well to the news someone wants to buy them, those are the kind of moves I like.

not quite 100% detection ratio, but then right now its better to have a lower detection ratio and no false positives, than a higher one with some, max leverage, double the money in that tranch in a little over 60 hours. Love it.

"siv"???

 

Lol!

 

Did you read that Willem Buiter article I linked.

 

I found it very interesting.

 

Edited to add:

 

Re "siv"...

 

Perhaps that was a very clever reference to SIVs and nothing to do with them there mesh thingies....!

had a glance through it, he's a bit off on his Latin translation.

http://www.greenenergyinvestors.com/index....ost&p=98114

He's only a year behind tho, which aint to bad by FT standards.

Good to hear, It wasn't directed at you and to be honest if anyone is senstive about being a troll the chances are they probably ...............

 

I enjoy your posting rarely agree but that would be as dull as ditchwater if we all got on.

 

$1,101 gotta keep it on topic.

I was referring to that ____ GF calling me a troll over the weekend.

Did someone else do it too?

Its all very strange.

Maybe someone reading this:

So long as Fiat money is easier to create than gold

Thought you were alluding to being some master forger?

Cos last time I checked its much easier for me to add gold to the gold supply (go to some river and siv it out) than it is for me to print £ notes.

I'll end this with one statement of fact:

 

A well known poster and possibly a mod directly called another poster a troll during the weekend they are still posting.

 

It is not a question of what people say on this site but of who says it.

If that was the one directed at me, I wouldn't of reported it because I'm made of sterner stuff than that.

Heck I thrive on the stuff.

Its all to boring having to watch your Ps and Qs all the time.