Replies to Msg. #966099
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 Msg. #  Subject Posted by    Board    Date   
07639 Re: Bankers Forced Out of Metals?
   [color=green][b][i]faul:[/i][/b][/color] re: [b]"5 billion oz's min...
Decomposed   POPE IV   15 Jun 2016
6:24 AM
07638 Re: Bankers Forced Out of Metals?
   Apr. 9, 2015, http://www.mining.com/annual-gold-trade-reaches-22-...
Zimbler0   POPE IV   15 Jun 2016
5:52 AM
07632 Re: Bankers Forced Out of Metals?
   About 50 years ago there was a gold mine in New Mexico that was a...
DGpeddler   POPE IV   15 Jun 2016
12:01 AM

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Re: Bankers Forced Out of Metals?

By: faul in POPE IV
Tue, 14 Jun 16 11:26 PM
Msg. 07629 of 47202
(This msg. is a reply to 07620 by Decomposed)
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Martin Armstrong's manipulation............

"The total gold bullion trade has averaged 4,000 tons annually"

Official figures say that 160,000 tons of Gold have been
mined since the dawn of time & exist above ground today....

Yet 1.3 MILLION tons of Gold are traded in London every
year,5000 tons traded every day...There are only about
5-10 tons of Physical Gold traded every day at the LMBA,the
rest is Paper Gold created to infinity at the whim of the bullion banks.....

"So without promoting gold for investment, its price would fall sharply since there is far more gold than there is demand"

There is far more demand than there is Gold,why else do
you think they created infinite paper Gold in the first place.

5 billion oz's mined since the dawn of time & 7 billion
people on this planet.....what would happen when everyone
demands physical instead of buying the bankers paper??