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Swiss Vote 11/30/2014 20% G B ?
11-29-2014, 02:51 PM #1
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
Most think the GB wont get passed

It would be better for the American fiat dollar and your spending power if it doesn't pass.
Gold $1,167.47-24.40 Silver $15.63-0.83 big oz. price drop today.

Follow the money not the Ferguson propaganda.
11-29-2014, 04:06 PM #2
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Quote:$1,200 is a critical level. The industry has geared itself around $1,200," said Joseph Foster, portfolio manager at institutional investor Van Eck Global. "If it falls below that level, then there are a lot of mines around the world that are really going to struggle."

Van Eck is a major investor in Barrick Gold Corp and Goldcorp Inc and a top shareholder in most other large gold producers.

Production cutbacks and mine closures would spell more financial pain for producers and investors, who have watched gold mining stocks slump 67 percent since September 2011.

And cuts and closures could be swifter and deeper than in the last gold bear market as most miners this time around have not offset the risk of potential losses by hedging - the practice of selling gold forward at a fixed price.

http://www.reuters.com/article/2014/09/2...CR20140925

At a time when when the gold shortage is the worst in 15 years.
11-29-2014, 08:29 PM #3
Accidental Stoner Member
Posts:9,036 Threads:74 Joined:Feb 2011
blink.gif

I swear humanity is collectively insane.

How is it even possible to build such a
complex system around having or not
having...umh...gold of all nearly useless
stuffs..?

Must be the potential having, the proxy-
having and the potential proxy-having
that makes it complicated 13.gif

Hm. How can you buy gold with gold?
There's something fishy there 13.gif

I need all this explained to me like to a
4 y o, I think...
11-29-2014, 08:34 PM #4
Accidental Stoner Member
Posts:9,036 Threads:74 Joined:Feb 2011
So...what do these gold- and paper- and virtual binary €-peddlers
contribute to humanity..? Damned difficult to see anything but
other people's work and eternal debt slavery in it - I'll give Mr
Moses Mordecai "Marx" Levi that much 13.gif
11-29-2014, 11:36 PM #5
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Check out this thread

http://kritterbox.com/Topic-Is-COMEX-Being-Cornered

Monday could be really interesting coffeetime.gif
11-30-2014, 01:17 AM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,587 Threads:1,443 Joined:Feb 2011
yup.gif Very much so. The fallout from a COMEX default could conceivably end the dollar as reserve currency in pretty short order.
The ripple effects would be disastrous, and just in time for the holidays. chuckle.gif

wonder.gif
11-30-2014, 10:59 AM #7
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
$1,200 is a critical level. The industry has geared itself around $1,200,"

The banking cartel has set prices below production cost for both gold & silver
and both are being bought up in reserved mint.
Who to say how much mining cost will be if inflation takes place.

The ponzy game at its finest. History is being set and this will be looked backed on as a piece of money history and most don't even have a clue about this thanks to the media fake police race war .
Al & Obama partners of puppet crime for the NWO

Ferguson is a ploy and the flag that blinded the main stream followers.
11-30-2014, 05:08 PM #8
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
I doubt it'll pass, even though I'm reading blogs here and there that the Swiss back it overwhelmingly. Bankers can't print gold and they own the ones that count the votes.
12-01-2014, 12:13 AM #9
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
Looks to have failed no surprise there . Hurray for the fiat dollar!!! We can still get more bang for the buck here in America for maybe a couple more years.

Kick the can down the road to the next generation
America UK YA!!!
12-01-2014, 12:50 AM #10
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Yeah and the Scots didn't want independence from England rofl.gif
12-01-2014, 12:52 AM #11
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,587 Threads:1,443 Joined:Feb 2011
The move would have killed fiat debt based shït, I didn't really think it would do much of anything, we're talking Switzerland here.
However, I do see it as a bit of a "warning shot" across the bow...
as in clean up the act soon.
It'll be in their grill with BRIC soon enough, unless I'm way off base. I have a hard time believing China is hoarding gold and melting it into 1 kg bars for no particular reason.
This has been going on for some time according to the PM rumor mill. The hammer will fall eventually. Historically, it's inevitable.

wonder.gif
12-01-2014, 04:25 AM #12
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
(12-01-2014, 12:50 AM)Shadow Wrote:  Yeah and the Scots didn't want independence from England rofl.gif

LOL good one

Well I am still going to invest in silver at a low price for a bit longer.
A yes vote would have sent gold & silver on the rise.
We can still buy real value with fake value at a bargain.



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