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Whang'Lo
300 Leet DPS
11
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Posted - 2013.01.29 12:59:00 -
[31] - Quote
Maybe the golds not there?
There has been people saying theres no gold in fort knox for years.
This doesn't seem to me to be another crazy conspiracy theory, they do have some solid reasoning behind it. But basically this all goes way back when the US made it illegal to own gold and confiscated it all.
Which if you think about it, is kind of suspicious.
Personally I won't believe theres gold there until a totally independent audit confirms it's existence.
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baltec1
Bat Country
4977
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Posted - 2013.01.29 14:26:00 -
[32] - Quote
Grimpak wrote:soo.... this means that all the economic doom and gloom hypothesized here is just that?
It wasn't all that long ago that the -ú was the worlds currency. The only thing at stake here is pride. |
silens vesica
Corsair Cartel
468
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Posted - 2013.01.29 14:38:00 -
[33] - Quote
Akita T wrote:silens vesica wrote:the US has one of, if not the, largest gold stockpile in the world Largest if you consider a single country, if you consider the USA a single country as opposed to a collection of states, and if you don't consider the EU a country but a collection of countries (otherwise the USA stockpile would be the second largest, with the EU countries' combined stockpiles being number one). Which is why I hedged the statement. ;)
Either way, if China goes to a gold standard, the Western world will pwn their currency. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
silens vesica
Corsair Cartel
468
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Posted - 2013.01.29 14:42:00 -
[34] - Quote
Whang'Lo wrote:Maybe the golds not there?There has been people saying theres no gold in fort knox for years. This doesn't seem to me to be another crazy conspiracy theory, they do have some solid reasoning behind it. But basically this all goes way back when the US made it illegal to own gold and confiscated it all. Which if you think about it, is kind of suspicious. Personally I won't believe theres gold there until a totally independent audit confirms it's existence. Yes, it is a whacko conspiracy theory - Pretty much by definition: Extraordinary claim, zero evidence. Hell, the article specifically points out that it's a conspiracy theory.
Their argument is therefore Invalid. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
SinTeryx
Seamless Industries
18
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Posted - 2013.01.29 14:48:00 -
[35] - Quote
Who cares about gold. North Korea is ready to test its 3rd nuclear weapon.
Give this a listen.
Edit: "I feel like riddling the bodies of the American and South Korean puppets with machine gun fire and making Washington and Seoul a sea of flames," says soldier Kim Chol-ung. |
Akita T
Caldari Navy Volunteer Task Force
1631
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Posted - 2013.01.30 16:13:00 -
[36] - Quote
SinTeryx wrote:Who cares about gold. North Korea is ready to test its 3rd nuclear weapon. Well, considering how great their rockets fly, that and a metric truckload of luck just might make them able to score a handful of hits (or probably at best a single hit) before they're glassed flat by the retaliation strikes from all those other countries who have nukes since decades ago and don't like them very much. http://wiki.eveonline.com/en/wiki/User:Akita_T T2 BPO poll: https://forums.eveonline.com/default.aspx?g=posts&t=114789 Buying this: https://forums.eveonline.com/default.aspx?g=posts&t=147098 |
Fenrisian Wolf
Stahl Arms and Shipyards V0RTEX.
2
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Posted - 2013.01.31 15:46:00 -
[37] - Quote
North Korea's ballistic skill barely reaches a 2. |
Subdolus Venator
State War Academy Caldari State
61
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Posted - 2013.01.31 16:11:00 -
[38] - Quote
Akita T wrote:SinTeryx wrote:Who cares about gold. North Korea is ready to test its 3rd nuclear weapon. Well, considering how great their rockets fly, that and a metric truckload of luck just might make them able to score a handful of hits (or probably at best a single hit) before they're glassed flat by the retaliation strikes from all those other countries who have nukes since decades ago and don't like them very much. In this scenario, South Korea becomes an island. EVE is EVE - Feaces will eventuate. |
Zhula Guixgrixks
Increasing Success by Lowering Expectations
32
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Posted - 2013.01.31 16:35:00 -
[39] - Quote
Diversify. Spread your assets, then everything will be fine. Plex may be one of many options :-) After all, people will not stop playing internet games. There will be no major economic doom. Tinfoil-doomsday-sects like such scenarios because you can make good business with scared people. Maybe the leading currency will change, thats all. So yes, local changes are possible but life and Eve will go on :) 0ccupational Hazzard --> check out the true love story-á |
Cooyaw
Cajun Fast Mart
18
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Posted - 2013.02.01 21:34:00 -
[40] - Quote
king world news, i trust that source |
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Bane Necran
Appono Astos
1589
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Posted - 2013.02.03 02:06:00 -
[41] - Quote
Billionaires quietly dumping stocks.
And imminent has been downgraded to soon. "The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive." ~Kenneth Williams |
Akita T
Caldari Navy Volunteer Task Force
1634
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Posted - 2013.02.03 14:21:00 -
[42] - Quote
Well, that seems at least mildly plausible, but that "-90% worst case scenario" is really that, a (very unlikely) worst case scenario. The yuan gold standard however didn't seem even remotely plausible, then again, you never know.
Now, a 10% to even maybe a 25% drop, that I'd say is not only possible but quite likely. Maybe not really imminent/soon, but it sort of has to happen eventually with how things are going. Could be more than just a couple of years until then, probably a decade or even longer.
P.S. Don't get me wrong, a 25% drop would be quite bad for the general public, and even 10% won't be that pretty any time soon. http://wiki.eveonline.com/en/wiki/User:Akita_T T2 BPO poll: https://forums.eveonline.com/default.aspx?g=posts&t=114789 Buying this: https://forums.eveonline.com/default.aspx?g=posts&t=147098 |
Caleidascope
Republic Military School Minmatar Republic
221
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Posted - 2013.02.03 18:43:00 -
[43] - Quote
I don't know how much the market will drop. However, overall view is correct. The middle class is shrinking, so the number of people with disposable income is shrinking. So there will be fewer buyers for products made by Johnson & Johnson, Procter & Gamble, Kraft Foods, Intel, etc. I can definitely see how Warren Buffett made his decision. The big banks are bankrupt, they are staying afloat thanks to various federal programs, but they are not really getting healthier, so getting rid of them is also no brainer. Life is short and dinner time is chancy Eat dessert first! |
silens vesica
Corsair Cartel
502
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Posted - 2013.02.03 22:26:00 -
[44] - Quote
And yet, the NYSE just recently closed over 14K for the first time in over five years....
Methinks me smells an attempt to maniupulate the market using the hands of the ignorant and gullible. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
Caleidascope
Republic Military School Minmatar Republic
221
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Posted - 2013.02.03 23:27:00 -
[45] - Quote
silens vesica wrote:And yet, the NYSE just recently closed over 14K for the first time in over five years....
Methinks me smells an attempt to maniupulate the market using the hands of the ignorant and gullible. Dow Jones Industrial Average did 14k. Life is short and dinner time is chancy Eat dessert first! |
Bane Necran
Appono Astos
1591
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Posted - 2013.02.03 23:34:00 -
[46] - Quote
Akita T wrote:Well, that seems at least mildly plausible, but that "-90% worst case scenario" is really that, a (very unlikely) worst case scenario. The yuan gold standard however didn't seem even remotely plausible, then again, you never know. Now, a 10% to even maybe a 25% drop, that I'd say is not only possible but quite likely. Maybe not really imminent/soon, but it sort of has to happen eventually with how things are going. Could be more than just a couple of years until then, probably a decade or even longer. P.S. Don't get me wrong, a 25% drop would be quite bad for the general public, and even 10% won't be that pretty any time soon.
There are automated failsafes in place ever since the last big US market crash that sense when things are heading down and stimulate the right areas to keep things afloat and stop people from panicking. The problem with that is while they've probably already avoided several 10-25% drops or 'market corrections' if you prefer, they're only worsening any crash that finally does happen.
China has for years now been warning about the inevitable result of all the fed's actions. Perhaps what China is doing is simply taking measures to ensure their economy isn't dragged down with the US, or politely waiting for it to collapse on its own before making the yuan the dominant global currency. Although the only reason i can think of why China would buy so many federal reserve bonds when they have doubts about the federal reserve and the US economy's stability, is so they can either control when the US economy collapses, and/or take over when it does.
Obligatory conspiracy theory: The Bilderberg group is alleged to be planning a collapse of the US economy "that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.GÇ¥ "The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive." ~Kenneth Williams |
silens vesica
Corsair Cartel
502
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Posted - 2013.02.04 03:26:00 -
[47] - Quote
Bane Necran wrote:silens vesica wrote:And yet, the NYSE just recently closed over 14K for the first time in over five years....
Methinks me smells an attempt to maniupulate the market using the hands of the ignorant and gullible. Or they stage things like that whenever confidence wanes to make the ignorant and gullible think there's nothing to worry about. OK, now you've crossed over into Quetiapine / Thorazine land. This level of tinfoil-hattery exceeds even that of the Gold Standard cranks. You've entirely forfieted any right to hold an opinion on the subject. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
Bane Necran
Appono Astos
1599
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Posted - 2013.02.04 03:44:00 -
[48] - Quote
silens vesica wrote:OK, now you've crossed over into Quetiapine / Thorazine land. This level of tinfoil-hattery exceeds even that of the Gold Standard cranks. You've entirely forfieted any right to hold an opinion on the subject.
Yes, because investor confidence is something wall street doesn't care about at all. I bet they always just lay bare how bad things really are, and don't even try to fabricate anything to restore confidence, because they are naturally honest people who truly care about hapless investors, even if it means everyone going into panic mode and causing another major market crash. They have ethics, those noble men of wall street.
That would be minor on the scale of shenanigans that go on there. "The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive." ~Kenneth Williams |
Jhagiti Tyran
Muppet Ninja's Ninja Unicorns with Huge Horns
262
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Posted - 2013.02.04 06:44:00 -
[49] - Quote
Kurfin wrote:Also what is so great about gold? It hasn't got many practical uses, at least not ones that require significant quantities of it..
Get one ton of scrap consumer electronics like smartphones & tablets and one ton of gold bearing ore and there will be more gold in the scrap phones.
150 million smartphones where sold last year each with an average of 0.034g of gold, about $1.50c worth. Same goes for just about any electronics, to a greater or lesser degree obviously. |
Bane Necran
Appono Astos
1601
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Posted - 2013.02.04 15:29:00 -
[50] - Quote
Jhagiti Tyran wrote:Kurfin wrote:Also what is so great about gold? It hasn't got many practical uses, at least not ones that require significant quantities of it.. Get one ton of scrap consumer electronics like smartphones & tablets and one ton of gold bearing ore and there will be more gold in the scrap phones. 150 million smartphones where sold last year each with an average of 0.034g of gold, about $1.50c worth. Same goes for just about any electronics, to a greater or lesser degree obviously.
It's actually based simply on it being a rare metal, and was considered valuable even before we had practical applications for it.
But what ruins the entire thing, is years ago we learned how to make gold in a lab pretty easily, and i'm wondering why that never upset gold markets. But since conspiracies never happen everyone must have just forgot we could. "The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive." ~Kenneth Williams |
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Akita T
Caldari Navy Volunteer Task Force
1636
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Posted - 2013.02.05 20:36:00 -
[51] - Quote
Bane Necran wrote:years ago we learned how to make gold in a lab pretty easily, and i'm wondering why that never upset gold markets Because it costs a lot more than gold already does. http://wiki.eveonline.com/en/wiki/User:Akita_T T2 BPO poll: https://forums.eveonline.com/default.aspx?g=posts&t=114789 Buying this: https://forums.eveonline.com/default.aspx?g=posts&t=147098 |
silens vesica
Corsair Cartel
515
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Posted - 2013.02.05 20:45:00 -
[52] - Quote
Akita T wrote:Bane Necran wrote:years ago we learned how to make gold in a lab pretty easily, and i'm wondering why that never upset gold markets Because it costs a lot more than gold already does. And it's NOT easy, either. It involves accelerators and particle capture, and produces a horribly radioactive isotope. In microscopic quantities. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
Caleidascope
Republic Military School Minmatar Republic
227
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Posted - 2013.02.12 16:08:00 -
[53] - Quote
Caleidascope wrote:I don't know how much the market will drop. However, overall view is correct. The middle class is shrinking, so the number of people with disposable income is shrinking. So there will be fewer buyers for products made by Johnson & Johnson, Procter & Gamble, Kraft Foods, Intel, etc. I can definitely see how Warren Buffett made his decision. The big banks are bankrupt, they are staying afloat thanks to various federal programs, but they are not really getting healthier, so getting rid of them is also no brainer. Ok, here is why they are selling bank stocks: http://finance.yahoo.com/news/losses-mounting-bank-bailouts-110004005.html Life is short and dinner time is chancy Eat dessert first! |
Kirjava
EVE Protection Agency Unclaimed.
509
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Posted - 2013.02.12 19:35:00 -
[54] - Quote
Obligatory.
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Caleidascope
Republic Military School Minmatar Republic
227
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Posted - 2013.02.16 00:03:00 -
[55] - Quote
From the article that Bane Necran linked: "Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of GÇ£disappointing performanceGÇ¥ in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods." ^ that was from February 6, 2013
This is from today, February 15, 2013: http://www.marketwatch.com/story/kraft-profit-falls-72-on-sharp-revenue-decline-2013-02-15 Life is short and dinner time is chancy Eat dessert first! |
Sarok Zateki
Marabu Red Cat Nomad Society
4
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Posted - 2013.02.19 13:38:00 -
[56] - Quote
The economy is just a simple way to represent resources and strategical advantages, so the real crisis is in resources. We spread like a plague and judgement day is coming.
Right now almost every country in the world is engaged in some form of conflictr, trade wars, cyber wars, low intensity insurrection, propaganda wars,criminal cartels turf wars, guerrilla ops, civil war and full blown military intervention. Those few that are not, are trapped between major powers.
It doesnt matter how much 0's they add in a computer, it will be like typing " show me the money " while trying to rebuild your base in the middle of a zerg rush.
All it takes is for someone to block hormuz and/or the south china sea and evrything will come crashing down.
As for china being the new top dog, they are but only as long as evrybody else implodes before them, this is because the amount of population they have and the lack of resources to support theyre population. The resources they been buying are not enough in fact they too are dealing with two insurrections already.
The ones with the upper hand is the russians, same as above but backwards, and they have provven difficult to destabilizet. Im not defending them but they stop the construction of the missile shield in poland and georgia and now they probably are going to start funding the kurds insurrection to avoid the construction in turkey, effectively buying evrybody more time.
ps- Tin foil........ where?!. Is it on sale? |
Kirjava
EVE Protection Agency Unclaimed.
610
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Posted - 2013.02.19 13:40:00 -
[57] - Quote
Sarok Zateki wrote:
It doesnt matter how much 0's they add in a computer, it will be like typing " show me the money " while trying to rebuild your base in the middle of a zerg rush. ps- Tin foil........ where?!. Is it on sale?
Power Overwhelming....
And China will not be able to develop sufficiently before they start getting old and retiring, more of their economy going towards supporting their elderly ect. One child policy will come back to bit them in the arse long term unless they open their borders to large scale immigration from the rest of the world. "China" may well end up top dog, but I'm not sure it will be the Han.
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Sarok Zateki
Marabu Red Cat Nomad Society
4
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Posted - 2013.02.19 14:02:00 -
[58] - Quote
Kirjava wrote:Sarok Zateki wrote:
It doesnt matter how much 0's they add in a computer, it will be like typing " show me the money " while trying to rebuild your base in the middle of a zerg rush. ps- Tin foil........ where?!. Is it on sale?
Power Overwhelming.... And China will not be able to develop sufficiently before they start getting old and retiring, more of their economy going towards supporting their elderly ect. One child policy will come back to bit them in the arse long term unless they open their borders to large scale immigration from the rest of the world. "China" may well end up top dog, but I'm not sure it will be the Han.
Thats part of whats fueling the insurrection, support is given to those that could afford it, mostly in big cities while the countrie side is being ignored more and more ( i guess they forgot about mao).
Theyre borders are open but only for corps that want to build slave factories, thats what gave them this economic boom, but they flooded the markets with trash and now there is nobody else to buy it, leaving them with a bunch of abandon cities kind of like dubai.
They may still recover but they will have to deal with the russians, the indians , pakistanies, japanesse and evryone else theyve pissed off in asia.
power overwhelming.......is cheating.
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silens vesica
Corsair Cartel
751
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Posted - 2013.02.19 15:39:00 -
[59] - Quote
Caleidascope wrote:From the article that Bane Necran linked: "Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of GÇ£disappointing performanceGÇ¥ in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods." ^ that was from February 6, 2013 This is from today, February 15, 2013: http://www.marketwatch.com/story/kraft-profit-falls-72-on-sharp-revenue-decline-2013-02-15 Yawn. Buffett buys and sells on massive scales. And yet, for all the magic power invested in him by various doom-cryers and prophets, he's just another man amidst many men of accumen and infulence. He and his actions are no more important a prognosticator than an investment banker deciding to cut his three-martini luncheon down to two - Or raising it to four. Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.
Malcanis for CSM8 |
Kuseka Adama
Garoun Investment Bank Gallente Federation
10
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Posted - 2013.02.20 22:02:00 -
[60] - Quote
Allow me to give you guys another view of what's being talked about
America is on the verge of civil war. Eighteen months is the timeframe to the 2014 elections. And before then we could be in civil war. If we make it to November 2014 the world might just have a chance of avoiding the abyss being talked about in far too many places these days for it to be an impossibility.
'President' Obama has come dangerously close to multiple violations of the constitution of the united states in moves that could only be seen as dictatorial in power. If any of those moves had actually happened the US would probably explode and the 'insurrection' you discuss would be a full blown violent revolution with the military deciding who wins. (They dont exaclty like the people in charge)
In the state of Washington they attempted to pass a blatant violation of the 4th amendment and they're assaulting the fifth, and the 2nd. (oh for the record democrats) They don't want to attempt the actual process of constitutional amendments because people while dumb arent THAT dumb. Demagoguery has been the order of the day from the white house as 'President' Obama is barely voting present and is refusing to lead in any form. He has not passed a budget since taking office. A violation of US code. Cant exactly arrest the president right?
The spending situation in the united states is no small component of the OP and its closer than most people realize. We can still avert it but if the wall comes crashing down. China might not have much to grab because the US could quite frankly devolve into a situation that is nothing short of terrifying. Oh and they're still covering up and protecting the incident that Killed Vile Rat. |
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