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As everyone continues to bet with the central banks where does gold stand

September 18, 2014

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Discussion
19 Comments
    CFS
    Sep 18, 2014 18:35 AM

    The FOMC is still pumping housing….
    (still buying Mortgage-backed securities)

    Sep 18, 2014 18:47 AM

    Thanks for all you do at KEREPORT it still just proves out that we are mostly in controlled inviroment by Supposed”Rulers” to me.Thanks Doc. Rick.And everyone else.But,especially Al and all his giving to those of us are trying not to let them Rule over us!Again thanks!Grace to you all!Maybe I will make silver summit.Its been a few years.at least ten.Have Blessed Days!I Am!

      Sep 18, 2014 18:41 AM

      Nice post stevie, A

      Sep 18, 2014 18:47 AM

      Not really sure that we will be there, Stevie.

      How about you?

    CFS
    Sep 18, 2014 18:09 AM

    As an American, did you know you owed $55,683 in debt?
    That’s national debt divided by population.
    Of course I underestimate because it rises every day.

      Sep 18, 2014 18:21 AM

      Well, I think people are used to it. They made a lot of noise in the 70s and 80s. Then the noise disappeared after Dick Chiney declared deficits don’t matter. It is the #1 reason why I got several chances to go to US to work and decided not to go since they all involve me to stay for long time or maybe forever. My sister is in US and when I talked to her about it, she said if everyone else does not care why me. She believe government will not pay.

      GH
      Sep 18, 2014 18:38 PM

      If you count debt and unfunded liabilities, its in the range of $200,000-$700,000, depending on whose estimate you believe. But yeah, everyone seems to think it will never matter.

    $29 TRILLION IN THE MARKET….BY THE FED……………Looks like they own the market, THAT IS A FREAKING JOKE……………….

      This not a STOCK MARKET………..THIS IS A …PAPER FEST…………

        Sep 18, 2014 18:49 AM

        Let the WSJ know and maybe it will change the official term from “stock market” to “paper fest”!

        Sep 18, 2014 18:29 PM

        Paper Fest!!!! I love it, and cringe at the thought at the same time, because some time in the next 2 years this house of cards will collapse.

      In lieu of the Fed……….CENTRAL BANKS……..

    Sep 18, 2014 18:13 AM

    House passed bill to “Audit the Fed”. Goes to Senate now where it will probably die….Link…… www.http://jsmineset.com/

    NOTE AND REQUEST TO ………RICK………are you sure on the $29 TRILLION….please advise………..Thanks……….Respectfully………………Jerry…..ootb

    Sep 19, 2014 19:49 AM

    The banker fraudsters are now projecting up to $88 for the ipo opening price.