Archive for May 26th, 2012

Gold at 42 cents an ounce

I’m a gold bug. I’ve bought it as a means of trying to give my measly savings some security against the obviously totally bogus totally manipulated paper money crap.

Gold had been rising steadily in (manipulated)price in the medium terms for about 10 years. So many ‘alternative’ websites were going on about gold going to $2,000, $3,000, $4,000, enve $5,000, etc an ounce.

Well where are those voices now? Gold reached it’s peak at about #1,900 and ounce now it’s about $1,570. It’s lost about 18% of it’s value. Where are those voices? Those crystal ballers who magically “knew” what price gold would go to.

Where are those voices? Why are they not crying at the fact that gold has lost 18% from it’s high. If it were a sham bank, the ‘alternative’ webosphere would be mocking the said fraudulent institution with glee, preparing the champagne for when the collapse went past the point of criticality.

Come on you Mistic Meg’ers (mistake meg!) when gold went up to $17,00… $1,800 you were going “I told you so”, well you didn’t see this 18% loss did ya?

I’ve been getting a tad tired of the ‘alternative’ webosphere on occasions, and often wonder if it’s not part of a game of ‘bipolarisation’. And the ‘crystal balling’ about gold prices is especially tiresome.

Well I’m tired now, so I’ll call it a day.

P.s. I’m not the slightest bit worried about the gold price, cos I’m only interested in the LONG TERM and savings. If you speculate on gold, well, you just as bas as those crap heads wheeling and dealing in derivatives. Gold at 42 cents an ounce does NOT worry me at all. I have total confidence that gold offers THE greatest safety net for savings protection. If gold really did go to 42 cents  an ounce, I’m fairly certain the fictional money we use today would experiencing far grater problems, e.g. there may only be 5,000,000p in circulation!

P.p.s. I know the value of gold hasn’t really increased or decreased, rahter the fictional value of the dollar has been manipulated relative to  gold. The upward trend of $ against ounce of gold was fully legitimate due to money being debt and the cranking up of the money presses in ‘quantitative easing’ exercises. That “gold has lost value” seems to me to be re-calibrrating or just simple  manipulative suppression. The long term future of gold is absolutly assured. So do yourself a favour don’t give a crap about the “price of gold”. Either going up or down. When you want to protect you earnings, buy gold. Do also with the sincere intention of spending it.-

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