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From my understanding of the situation a lot of it was due to the latest comments from Janet Yellen of the Fed. Traders saw her comments as not being so hawkish to reduce QE quickly and the prospect of low interest rates and money printing for a long time to come yet.

I have heard this before and it makes sense with the current fiat and economic model we are running with. Not a lot of people realize that we have to have constant growth for our current economic model to work other wise it starts breaking down and hence the panic we saw from the FED the ramp...

Can't see any of the other major oil producers in the Middle East apart from Iran abandoning their USPetrodollar arrangement, as they all rely on US military protection and have so for a long time now. It is mutually beneficially for both sides to keep the status qua. War is just an extension...

Good plan, it's surprising how many people don't plan for the future and piss it all away.

Welcome Ouija, Just a word of warning I wouldn't be telling anyone that you socialize with about your stack, remember the old saying "Loose lips sink ships", or in this case "loose lips sink stacks". You could casually mentioned you collect a few silver coins, to test your close family and...

Good communication between individuals/ Partners/companies etc is absolute key to everything in life. How many deals have broken down because of poor communications on behalf of one or both parties.

Never ever give your personal details and home address to someone over the net.

Interesting figures, ok so it looks like they are not directly converting their US Bonds(if indeed these figures are even accurate) into hard assets but I can tell you for a fact that they are buying up Australian mining assets which include Gold mines, one which I held until recently was FML...

We all know China has a long term outlook and is not governed by short 3-4 year election cycle's like the West. So my theory is that they realise that the US never intends to pay back what they owe without significantly devaluing the USD. So they are converting their US bonds into hard assets...

Totally agree, the Govts of the world are some of the biggest crooks on the face of the earth. It's like income tax, you are obliged to pay under the threat of Govt sanctioned violence if you don't cough up what they tell you to cough up. All these safety deposit box's are safe until they no...

I for one would never wish for the World Economy to tank as it will bring much misery and hardship to millions if not Billions of people. In the end my stack is my insurance policy, even than it may not be that useful if every thing goes to custard in a bad way. Than only your wits and your...

You would think with the cost of every thing going up they would get rid of the small stuff, ah but no lets get rid of the $100 note as anyone requesting these is obviously a crook!!! They have a 500 Euro note in Europe, I remember when I had 8k worth of them at one stage, it was a awesome way...

^^^ There is no way the USA will be turned into an ash cloud, you do know about MAD don't you?

Maybe Jeremy Grantham has read the same report. 'Very painful': World heading for bust 'unlike any other', says Jeremy Grantham http://www.smh.com.au/business/markets/very-painful-world-heading-for-bust-unlike-any-other-says-jeremy-grantham-20140325-35f34.html Oh yeh and of course NASA has...

It's not just low level jobs which are going to be lost as well. http://www.smh.com.au/business/why-an-algorithm-wants-your-highly-skilled-job-20140120-31454.html "If you think your job is safe, think again. Advances in technology mean that even highly educated workers will begin to feel the...

Well good sign, we didn't get our usual Friday night smack down. Maybe the PTB were to busy counting all the Ukrainian Gold they flew out of the country.. :lol: We are currently at $1529 AUD per Gold ounce and $23.70 for silver with a stubbornly high AUD of .90 to the USD. Bring on $2000 AUD...

What I find disappointing is to see how Pathetic our(Oz) Gold Holdings are, for a country that has been producing Gold for a long time. :( Talk about a travesty to flog off 167 tonnes back in 1997 at a 11 yr low. "The decision to sell the reserves was approved by then RBA governor Ian...

Yes I have lived in Russia, I had a Russian girlfriend for a couple of years, she was a Banker of all things... I know not popular here :lol: The Russians also listen in on almost all communications as well. They also can go into anyone's home at any time, arrest them and take them away never...

In the first instance I'm talking about Russia being a Mafia state ruled essentially by a Don. The enemy which we are fighting though is not Russia it is fundamental Islam.

Gold and Silver going vertical now!!