iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Flash: Gold Now Trading Off Post CME Margin Hike

Last quoted at 1,790, off by 0.25%

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6 comments

  1. Realist

    Bernanke ordered the CME to hike. He can’t have people storing their money in Gold, he needs them to blow it on big screen teevees and gas guzzlers.

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  2. drummerboy

    why,people just break windows in stores and loot merchandise.they use their money to buy gold and silver at the pawn shop. hey maybe they can get flash mobs to loot all the wmt stores,wmt goes out of bidness, and a whole new industry takes it place,this thing they call a mom and pop store,has anyone ever heard of anything so silly, my god what will they think of next

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  3. R_Trader

    The fact it’s going up after the hike makes it more bullish than ever. It’s like watching Japan & the Swiss try to intervene.

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  4. drummerboy

    shit keeps up at this pace gold will be 2k by halloween

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  5. Gold Bull Balls

    That is correct Drummerboy. Do what the smartest people in America are doing (e.g. Glenn Beck, Jim Cramer, Michele Bachmann, Sarah Palin, The Tea Party & etc.) buy buy buy GOLD! There ain’t nothing stopping it! Hyper inflation is here! Our fiat currency is worth nothing. Soon everything will be paid for in GOLD!

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  6. Taco

    UN Agenda 21.

    Get acquainted, before it rapes you in the culo.

    “We support the shift of our economic focus from translational corporate “fusionism” to regional subsistence. Subsistence economy focuses on a “natural” way of living. This is not “back to stone age”. It rather means a spiral, wavelike progress out of the life-destroying habits of today’s so-called civilization and accepting and welcoming the complexity of life.

    We support the development of sustainable, decentralized, that is local, high-tech production, combined with local use of local resources. and the redesign of our monetary system according to a fourfold model: 1) economy of gifting (a basic matriarchal feature), 2) counter-trade (barter) economy, 3) complementary local monetary systems for regional trade, and 4) unified currency (for example called “terra”) for interregional and global trade. In our eyes compound interest has to be abolished. Also the concept of “owning” land must be reconsidered.”

    http://www.worldshiftnetwork.org/action/subsistence.html

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