Global Currency Reset

Discussion in 'General Precious Metals Discussion' started by JOHNLGALT, Jul 31, 2017.

  1. JOHNLGALT

    JOHNLGALT Well-Known Member

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    .
    TROY OZS TONNES.jpg
     
  2. Topherclaus

    Topherclaus Active Member

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    Nope, she goes on to say that it is more than all gold that is meant to exist (180-190k tonnes as far as I can find). She definitely meant tonnes.

    Can you imagine how large the facility would have to be to store all that, in bar form? How would they get that much into the country and keep it quiet?
     
  3. alor

    alor Well-Known Member Silver Stacker

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    the must have some kind of portal to move through that super heavy gold
     
  4. systematic

    systematic Well-Known Member

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    Go to the video at 1min to 1min 10sec ... she did not say it is physically stored in the bank ... people hear what they want to hear ... listen to what she actually says ... sheesh ...
     
  5. Topherclaus

    Topherclaus Active Member

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    "The amount of gold that's in deposit at the bank of Hawaii is 170 000 tonnes."

    How else do you want to take that other than gold in the bank? She's suggesting there is a lot more gold in existence than is reported.
     
  6. systematic

    systematic Well-Known Member

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    She did not say stored ... she didn't say physical .... she could be referring to paper gold ...
     
  7. systematic

    systematic Well-Known Member

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  8. alor

    alor Well-Known Member Silver Stacker

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  9. JOHNLGALT

    JOHNLGALT Well-Known Member

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  10. alor

    alor Well-Known Member Silver Stacker

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    it used to be
    Saudi the largest oil producer
    Saudi can only sell oil in US dollar
    the term is Petrol for dollar => Petrodollar

    now the largest oil producer is Russia
    add that with Iran, both will be the largest suppliers for a long time
    add that China is still a big consumer,
    there is an alternative to the Petrodollar, they deal in "strictly no dollar"
     
  11. JOHNLGALT

    JOHNLGALT Well-Known Member

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    I think the best way to shut down a discussion in the General Precious Metals Discussion is to keep posting a JOTD,. to over-ride serious discussion on Metals.

    Is that true alor? Enquiring minds want to know? _JLG.
     
  12. alor

    alor Well-Known Member Silver Stacker

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    there is no need to shut down a discussion, the moment the word "manipulation" is mentioned, majority of people are automatically shut down
    there is no need to over-ride something serious, people just be more relax with their happiness
    looking at the price manipulation is always distressing, some people have been watching this thing happening for more than 50 years, that is 13,000 days !!!
    if smoking for that is 18,250 days, if each burn is after meal it would total 54,750 sticks of cigarettes
    that amount of smoke will certainly shut down the breathing tubes.

    there are just too many JOTD from posting by FB friends
     
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  13. alor

    alor Well-Known Member Silver Stacker

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  14. alor

    alor Well-Known Member Silver Stacker

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  15. JOHNLGALT

    JOHNLGALT Well-Known Member

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    From Zero Hedge:

    De-Dollarization Spikes – Venezuela Stops Accepting Dollars For Oil Payments

    (Zero Hedge) – Did the doomsday clock on the petrodollar (and implicitly US hegemony) just tick one more minute closer to midnight?

    Apparently confirming what President Maduro had warned following the recent US sanctions, The Wall Street Journal reports that Venezuela has officially stopped accepting US Dollars as payment for its crude oil exports.

    As we previously noted, Venezuelan President Nicolas Maduro said last Thursday that Venezuela will be looking to “free” itself from the U.S. dollar next week. According to Reuters, "Venezuela is going to implement a new system of international payments and will create a basket of currencies to free us from the dollar,” Maduro said in a multi-hour address to a new legislative “super body.” He reportedly did not provide details of this new proposal.

    Maduro hinted further that the South American country would look to using the yuan instead, among other currencies.

    “If they pursue us with the dollar, we’ll use the Russian rouble, the yuan, yen, the Indian rupee, the euro,” Maduro also said.

    The state oil company Petróleos de Venezuela SA, known as PdVSA, has told its private joint venture partners to open accounts in euros and to convert existing cash holdings into Europe’s main currency, said one project partner.

    This first step towards one or more gold-backed Eurasian currencies certainly looks like a viable and — for a lot of big players out there — welcome addition to the global money stock.

    Venezuela, meanwhile illustrates the growing perception of US weakness. It used to be that a small country refusing to take dollars could expect regime change in short order. Now, maybe not so much.
     
  16. systematic

    systematic Well-Known Member

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    Venezuela already sold off its gold reserves to buy US dollars and has blown through that too ... seems they are a bit slow getting their priorities straight ...
     
  17. alor

    alor Well-Known Member Silver Stacker

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  18. JOHNLGALT

    JOHNLGALT Well-Known Member

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    @Mark Anthony Taylor


    Can you please join this website & tell the Members here the results of the decision in your Court Case against the (alleged) crooks in the Gold & Silver cartels?


    While perusing an article by Paul Craig Roberts on Zero Hedge,

    http://www.zerohedge.com/news/2017-09-19/paul-craig-roberts-exhorts-whatever-happened-america


    I came across this GEM I reckon you might like, after all you like this kind of stuff.



    I’ve plonked it on the tail-end of AGXIIK comments on www.silverdoctors.com because he could probably do with a bit of edumacation in the ARTS. Ha ha. _JOHNLGALT.

    You’re on the other side of the world & he is in MERIKA, so I feel safe.

    TEARS OF JOY.JPG
     
  19. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Never had the opportunity to get a better edumacation after leaving school at 13 years & 10 months of age, but I think if you are keen enough to seek out the truth in every subject you are confronted with - the world is your oyster - especially with the Internet online 24/7. RANT OFF. _JOHNLGALT.
     
  20. JOHNLGALT

    JOHNLGALT Well-Known Member

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    About another 10 hours until we start another mad week of Cheap Gold & Silver & expensive Dollars.

    What will you choose ha, ha, ha.?

    That was not a trick question.


    Ignored Members are welcome to comment (I can't see your VITRIOL thanks to the Ignored Members function) _JLG.
     

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