The Price of Gold: Does It Matter?

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Fri Jan 20, 2017 4:53 pm

Chinese Snapping Up Gold!
By Matt

You’ve got to hand it to the Chinese, they know how to play the ups and downs
of any market. As you know, gold prices are always on a rollercoaster ride,
which in no way detracts from its long-term appeal. The gold merchants of
Hong Kong appear to be piling back into the market right now, according to
the Wall Street Journal.
Why Not Caucasians?
Why Not Caucasians?
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Chinese purchases of gold are surging, and the buying coincides with favorable
prices, the rush of year-end marriages in China, and in preparation for the
Lunar New Year next month. Gold is a favorite gift for these occasions, and
gold buying by the Chinese is always big news, since they account for 30
percent of global demand for gold. One Hong Kong gold retailer has reported
its gold sales have risen by 20 to 25 percent in the last month. While gold
jewelry always plays a prominent role in Chinese buying habits, don’t overlook
the fact that Chinese grandparents customarily give gold bars as gifts for
their grandchildren.

In fact, the Chinese demand for gold has shot up so much recently that the
country’s banks have added a $30/ounce surcharge for customers seeking fast
delivery of their gold purchases. That’s the highest surcharge premium in
three years. A lot of buying stems from fear about uncertain times ahead as
well as an opportune time to buy. The biggest demand seems to be for one-
kilogram bars of gold, but smaller bars are also sought after. Many Chinese
invest in gold when they perceive that Asian currencies will weaken against
the U.S. dollar. The dollar has strengthened recently on expectations that
President-elect Trump will stimulate the economy and cause interest rates
to rise. A lot of buying stems from fear about uncertain times ahead as well
as an opportune time to buy. The biggest demand seems to be for one-kilogram
bars of gold, but smaller bars are also sought after. Many Chinese invest in
gold when they perceive that Asian currencies will weaken against the U.S.
dollar. The dollar has strengthened recently on expectations that President-
elect Trump will stimulate the economy and cause interest rates to rise.

In the last few days, Chinese regulators have told banks to cut the amount
of capital that Chinese companies can move offshore and into international
operations. Clearly, something is afoot with gold in China, and we should
pay attention. Gold is a long-term investment, and it makes sense to buy
on the dips. Just ask the Chinese.
The Real Deal
The Real Deal
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Jim Mathias
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Re: The Price of Gold: Does It Matter?

Post by Jim Mathias » Sat Jan 21, 2017 12:41 am

Wade, your picture of the Chinese family stacking gold rounds captioned "Why not Caucasians?" compelled me to give this question consideration. The one thing that I've seen many times by men of modest ability when it comes to thinking is that they still trust government (more or less, that trust is on the upswing with Trump now) to deliver a stable society. Even on downswings of trust (such as with 8 years of Obama) they weren't reacting by buying gold as much as they were guns and ammunition.

It's only an opinion, but it does seem as though in a multiculti hole that America has devolved to most White men go with their instincts here and expect that when a major crisis comes about such as a hyperinflationary event for example, they don't think about gold as a priority. They're thinking rioters of all races though we know who will be at the front looking to rape/loot/riot/murder/etc etc. Now if the USA were all White and weren't afflicted with a bad case of solipsism as we Whites are now, perhaps the buy gold argument would seem like the reasonable thing to do.
Activism materials available! ===> Contact me via PM to obtain quantities of the "Send Them Back", "NA Health Warning #1 +#2+#3" stickers, and any fliers listed in the Alliance website's flier webpage.

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Sat Jan 21, 2017 1:18 am

Jim Mathias wrote:
It's only an opinion, but it does seem as though in a multiculti hole that America has devolved to most White men go with their instincts here and expect that when a major crisis comes about such as a hyperinflationary event for example, they don't think about gold as a priority. They're thinking rioters of all races though we know who will be at the front looking to rape/loot/riot/murder/etc etc. Now if the USA were all White and weren't afflicted with a bad case of solipsism as we Whites are now, perhaps the buy gold argument would seem like the reasonable thing to do.
Your argument does hold water. In recent years I have purchased a shotgun, .22 LR, and my long
time favorite,a .357 pistol purchased many years ago. It is my hope that I can use the gold,
rather than the ammo...however as you know, the domestic situation is deteriorating what with
armed and feral Negroes roaming the streets and even attacking the police.

Meanwhile, watch this BS artist Jew try to yammer his way out the "barbarous relic!"

Published on Jan 19, 2017

Why does the Fed hold gold? Ever wonder why the Federal Reserve would own
the useless and barbarous relic? Why protect it with armed guards, keep
meticulous inventory and store it so securely? The answer from the then
Chairman of the Fed may surprise you! Can you accept the Junius Maltby
Challenge? Who here can endure 3+ minutes of the most ridiculous answer
perhaps ever given regarding the Federal Reserve?


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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Sun Feb 19, 2017 2:44 pm

Quickens the heartbeat and hastens the pace! Some interesting
pictoids and videos about gold:
Ben Was Jew-Wise
Ben Was Jew-Wise
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http://money.visualcapitalist.com/11-vi ... old-cubes/

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Sat Feb 25, 2017 10:15 pm

Wade says, "Is Trump a gold bug? You decide."

Inside President Trump’s otherwise “...standard Trump stump speech” at CPAC was
nestled what might be a most intriguing observation:

https://www.forbes.com/sites/ralphbenko ... 19fdb14d54

Wade asks, "Is CPAC Jew-occupied territory? Inquiring minds want to know!"

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Wed Mar 01, 2017 3:17 pm

Bert Dohmen posted....

Over the past 39 years, I have rarely used the words “opportunity of a lifetime.”
However, I feel there is a good chance of another one in progress. Let’s look at
gold since the late 1970s. History may not exactly repeat, but often it rhymes...
Good Stuff!
Good Stuff!
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https://www.forbes.com/sites/investor/2 ... 35c2ca205e

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Thu Mar 02, 2017 5:14 pm

Potemkin Vault?

For decades, rumor has persisted that the 4,583 metric tons of gold stored there —
more than half of the U.S. Treasury’s total stash — isn’t really there. Or if it
is, perhaps the bars have been “leased” to the big banks, which proceeded to sell
them to Asian buyers — rendering their chain of custody terminally “fubar.”
Jewed!
Jewed!
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In hopes of untangling the mystery, gold researcher Koos Jansen filed requests under
the Freedom of Information Act with the U.S. Mint. Mr. Jansen, who works for
Singapore-based BullionStar, is already the go-to authority on China’s murky gold
holdings. His work comes recommended by no less than our own Jim Rickards. The Mint
did what every government agency does when confronted with an uncomfortable FOIA
request: It dragged its feet. It said it would dig up the relevant files — for the
not-so-modest cost of $3,000. Mr. Jansen then launched a crowdfunding campaign; he
managed to raise the entire amount in less than 24 hours. Heh...
Really Jewed!
Really Jewed!
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The Mint delivered 134 pages of documentation — nowhere near the 1,200 Jansen was
figuring on. And those 134 pages (redacted, natch) merely raise more questions about
whether the Mint has a consistent methodology for carrying out those annual audits.
“It should be clear,” he concluded, “that the Deep Storage gold has not been audited
by professionals, but the precious metals have been verified by imbeciles.” Ouch.
For whatever it’s worth, the Mint was sufficiently embarrassed by the quantity and
quality of its documentation that it refunded the $3,000 fee — which Mr. Jansen duly
returned to the crowdfunding donors. We won’t dwell on the matter today — or any other
day, barring a startling new revelation. We’ll merely file it under the category of
“Things That Are Interesting, or Even Maddening — but Are Completely Outside Your
Control.”

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Fri Mar 03, 2017 10:11 pm

Coming soon to a bank near you....
And How!
And How!
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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Wed Aug 16, 2017 11:45 pm

Chemically Destined To Be Money

I think most of you reading this right now are aware that gold is
unlike any other metal, certainly any other element. It doesn’t
play by the same rules as iron or tin or aluminum, and its value
has nothing to do with its utility — or lack thereof. People valued
the yellow metal for its beauty and malleability eons before they
knew of its usefulness in conducting electricity or its chemical
inertness.

That gold is so chemically “boring,” though, is one of the main
reasons why it’s so highly valued, even today. This is the
conclusion of Andrea Sella, distinguished professor of chemistry
at University College London. In 2013, Sella spoke with Justin
Rowlatt of the BBC World Service, walking him through all 118
elements of the periodic table. Gold, according to Sella, is the
best possible candidate for a currency of any value:
Lust-er
Lust-er
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https://www.forbes.com/sites/greatspecu ... a3340e4fd3

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Wade Hampton III
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Re: The Price of Gold: Does It Matter?

Post by Wade Hampton III » Wed Aug 23, 2017 8:19 pm

Jim Rickards posted...

One of the little-known items on the Fed’s balance sheet is a vital asset
it received from the U.S. Treasury a long time ago... During the Great
Depression, in 1933, President Roosevelt issued an executive order
requiring anyone with gold to surrender it to a Federal Reserve bank
or any member bank of the Federal Reserve system. The Federal Reserve
banks also required the commercial banks to hand over their gold to the
Fed. Now, suddenly, the gold went out of the commercial banks into the
Federal Reserve Bank. But under the Gold Reserve Act of 1934, the Fed
was ordered to surrender all its gold to the Treasury Department. All
the nation’s gold in effect came under direct government ownership.

Now, this is key: The Federal Reserve is actually a private system,
while the Treasury is an arm of the U.S. government. And the Fifth
Amendment of the Constitution prevents the government from taking
private property without just compensation. To get around that legality,
the “just compensation” was a gold certificate the Treasury issued to
the Fed in exchange for its physical gold.

To this day, the Fed carries that gold certificate on its balance sheet.
The Treasury officially values its gold at $42 an ounce. That was the
official gold price from 1973, two years after the U.S. abandoned the
Bretton Woods system. Of course, the market price of gold today is
almost $1,300 an ounce. But if you take the face value of the gold on
the Fed balance sheet, divide it by $42 an ounce and then come up with
a number of ounces and convert that into tons, it comes out to over
8,000 tons. That’s highly interesting, because that’s how much gold the
Treasury currently owns.

The Treasury needs at least 8,000 tons of gold to back up that paper
certificate it handed the Fed back in the 1930s to satisfy the Fifth
Amendment. If you take the 8,000 tons on the Fed balance sheet in the
form of this gold certificate, market to market at $1,300, that mounts
to well over $300 billion. So the secret to the Fed’s balance sheet is
its “hidden gold asset,” that gold certificate it received from the
Treasury in the 1930s. Nobody talks about this or admits it. But our
whole system is based on gold.

But what about the gold in Fort Knox? Is it actually there? There is a
lot of confusion on this subject. First off, Fort Knox was built in 1937
partly to house gold that the Treasury was scooping up after the Gold
Reserve Act took effect. The gold had been kept it in vaults in the
basement of the Treasury. But they ran out of space, so they built Fort
Knox to house the gold. Many gold bugs and conspiracy theorists say there
is no actual gold in Fort Knox. They say the reason the government will
not audit the gold, for example, is because the gold is not there. But
the truth is quite the opposite.

If you are the Fed or the Treasury and you want people to think that gold
is unimportant — which they do — why would you audit it? You audit things
that are important. You do not audit things that are unimportant. If the
Fed doesn’t want you to think that gold is important, it follows that
they would not audit it. Auditing it pays gold too much respect. I am in
favor of an audit, just to be clear. But the fact that the government does
not audit the gold does not tell you that the gold is not there. They just
do not want you to pay any attention to it. But is the gold actually in
Fort Knox?

Let me say it right now: Yes, the gold is there. I actually have some
evidence that the gold is there from military sources. Incidentally, most
people think all the Treasury gold is in Fort Knox. But that is not correct.
A little more than half the gold is at Fort Knox, but the rest is stored at
West Point on the Hudson River in New York. People will occasionally ask me
who controls the gold. Is it the Fed or the Treasury?

The real answer is neither. The U.S. Army actually controls the gold because
both Fort Knox and West Point are Army bases. The Army has it under lock and
key. But it technically belongs to the Treasury. The U.S. Army actually controls
the gold because both Fort Knox and West Point are Army bases. The Army has
it under lock and key. But it technically belongs to the Treasury. Now, some
people like billionaire precious metals trader (Jew) Eric Sprott argue that
the gold could very well be at Fort Knox, but it’s been leased out to commercial
banks. And yes, it could very well be leased. But leasing is a paper transaction.
It doesn’t mean the government surrenders possession of the gold.

If (Jew-controlled) JP Morgan, for example, leases gold from the U.S. Treasury,
it does not mean that they back up a truck in Fort Knox and drive the gold away.
There is no need for that. It is just a paper transaction. The gold could be
sitting there on a shelf in Fort Knox and still be leased out and unaudited.
Now, once JP Morgan has the gold they will sell it at times 100 to gold investors
who think they have bought actual gold. But what they really have is what is
called unallocated gold. Unallocated gold is a euphemism for no gold. If you call
up JP Morgan and tell them you want to buy a million dollars worth of gold, they’ll
agree to it. And they’ll send you a confirmation saying you own a million dollars
worth of gold subject to the contract. But if you read the fine print, it says
is your gold is unallocated. That means they do not claim to have any specific
bar with a serial number or your name on it. In reality they have taken the
same bar of gold and sold it to 100 different investors.

Now, that’s not a problem unless all 100 parties show up at once and ask for
their gold. The first person may get the gold, but the other 99 people are
going get their contracts terminated. They will receive a check for the value
of gold at the close of business the previous day. But they are not going to get
the gold they thought they were buying. That is when you discover that JP Morgan
does not have the gold.

The bottom line is that I have seen no proof that the gold is not in Fort Knox;
and I have seen proof that the gold is actually there. A lot of it could very well
be leased out, and that leads to confusion about whether or not the government
actually has the gold. But all the evidence tells me that the gold is in Fort
Knox and at West Point. And if you were the (Jew-owned) United States of America,
why would you let the gold out of your sight?

This German ship was ordered by Hitler to be scuttled in order to prevent her
precious gold cargo from falling into the hands of UK Jews. The Jew motto, "Never
Forget!" You can bet your manhood this will always hold true when it comes
to gold! The gold will always keep its value as long as the Jews maintain confidence
there are Goyim around to produce the things they can buy with it! When the
Bolshevik Jew Lenin took over Russia and created the Soviet Union, he vowed to make
public toilets out of the precious metal. Did he ever get around to doing that?

:lol:

http://content.time.com/time/magazine/a ... 75,00.html
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