Comments for The Underground Investor

Comment on The Fastest Growing Export of the Western Banking Industry is Fraud by J.S.

J.S. — Wed, 10 Mar 2010 10:39:55 +0000

Thx Simon for the post. Will be sure to check it out.

Comment on The Fastest Growing Export of the Western Banking Industry is Fraud by simon abel

simon abel — Mon, 08 Mar 2010 16:57:31 +0000

Hi there.

I am from England, but have been active in markets for many years, and have read widely on this subject for quite some time now.. Unless you haven’t seen below, I thought I would mention them to you: http://economicedge.blogspot.com/ and the writings of Martin Armstrong, a man who is still in prison after 9 years fro coming up against the group that controls the world, as you so ably describe. Having studied fractal cycles, I am afraid to say that it never is different and therefore expect it not to be this time, so the likelihood of real change is not that good, but we can try.

Best regards, Simon

Comment on The Line that Separates “Real” Money from “Counterfeit” Money Has Become Nearly Indistinguishable by The Fastest Growing Export of the Western Banking Industry – Fraud | The Underground Investor

Mon, 08 Mar 2010 10:45:06 +0000

[...] than a year ago, I penned an article on my blog titled “The Line that Separates Real Money from Counterfeit Money Has Become Nearly Indistinguishable”. In this article, I discussed the enormous irony of a viral story back then about the “harm” [...]

Comment on Wealth Secrets Contest Ends March 8th by Mike G

Mike G — Tue, 02 Mar 2010 00:35:10 +0000

lost my link how i submit my info for this contest.

Comment on Bankers and Economists Say Gold is a Bubble. Here’s Why You Should Ignore Them. by matt

matt — Mon, 01 Mar 2010 21:01:50 +0000

While gold certainly has “greater” material value than any paper currency, it still does not have any intrinsic value beyond the physical, electrical, malleable, and conductive qualities granted by its molecular structure.

An argument which ignores the concepts of correlation and causation is insufficient evidence to say that gold has intrinsic value, simply because people like shiny things.

Gold s likely a good and even smart play, particularly considering eight hundred years of economic obsession with the metal – however not because it is an absolute. You cannot eat gold, nor can it till your fields. It is not a store of value any more than any other indivisible, intangible, or inapplicable quantity (such as a derelict building, collectibles, paper currency, good intentions, or “hopes and dreams”) in a unit- or community-based economy.

Only those items which have direct and explicit economic consequences can maintain value. The value of Gold, like any other commodity which is not put to work, is contingent on demand by the pool of greater fools.

Comment on Saudi Central Banker Confirms that US Dollar is on its Deathbed by J.S.

J.S. — Mon, 01 Mar 2010 01:05:53 +0000

Erik,

Thx for pointing out the error. It has been corrected.

Comment on The Key to Surviving the Global Monetary Crisis by D

Sat, 27 Feb 2010 18:32:26 +0000

Great post! I really enjoyed this one.

Comment on Why China’s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance by Frederik

Frederik — Sat, 27 Feb 2010 14:15:39 +0000

I’d say the strategy was sucessfull.
On April 2008, so two years ago, the IMF anouncced
to sell 403 tons. And now it takes two years to sort out
who will get it, and China is always hold on distance.

So what was succesfull. So if you want large amounts
of gold and the futures markets wouldn’t allow to buy it,
the IMF sale was or is the only solution. And to get the
gold you need to be moderate and nice to get the
US approval to purchase. So with this they could moderate
China as a buyer now for two years, and the sale is not
yet completed.

Any more questions why gold hasn’t jumped since April 2008?

Frederik

Comment on Why China’s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance by Myron

Myron — Sat, 27 Feb 2010 13:10:48 +0000

Your analysis makes a great deal of sense, the problem for most of us smaller investors is that the manipulation by the BAD BOYS with the shorts they can not cover is that it accomplished exactly what they want.

I.E “the market can remain irrational LONGER than we can remain solvent”in other words they can get away with cheating lying,, illegal manouvers to discourage honest investors who believe in reality and sound economics.

So far the flim flam artists are still firmly in control, but I hope they finally get what they so richly deserve, being on the LOSING end and hopefully serving jail time for their illegal behind the scenes activities to suppress a free market.

Comment on Why China’s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance by richard lefew

richard lefew — Sat, 27 Feb 2010 05:08:54 +0000

The elite banker class has never had the media, politicians, big business, and the entire population of the world so well controlled as they have now. There are few checks left to balance their actions.

Comment on Why China’s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance by richard lefew

richard lefew — Sat, 27 Feb 2010 05:05:27 +0000

Well reasoned, but highly speculative commentary. Here’s the problem with this entire idea… The crew over at the IMF are all cut from the very same cloth as the crew from the FED and Treasury, and the Bullion Bank crowd who run the games in the gold spot markets and Future’s exchanges.

These guys are meticulous, and they can think more than just a few steps ahead of every move. I don’t know what benefit there is for the IMF to sell this gold. The IMF is a bank, and banks, by virtue of their charters, have unlimited access to currency & credit…perhaps the costs of printing being the only limiting factor as to how much they can produce….why trade away an asset…their gold, for something they can produce for free…. i.e. bank credit, or fiat currency?

It makes no sense whatsoever, and is a ploy of some sort, and they are counting on China or India scooping it up, which furthers whatever plan they have.

They would not do something that would lead to the destruction of any currency, or the weakening of the dollar, or that would lead to an increase in the price of gold.

It’s not like they are reluctant sellers. This is part of the scheme. There’s going to be some boomerange affect that will undermine the position of the longs.

These guys are juggling puppetmasters who seem to have all the inputs into the markets covered in such a way that they can control the rise and fall of each market, currency, etc.

Until other countries get fed up with providing the U.S. with unlimited goods and services in exchange for the funny money we pay them with, nothing will change.

Its a deadly embrace that none of us have figured out yet. (and I’m on your side…believe me, I’m long my entire net worth in physical metals)

The keys may lie in the Tungsten story perhaps. As long as there is Zero ability for the public to see the condition of the bars we are told are held in trust by the Fed for the USA, they can keep this up.

All the nations seem to be mutually agreeable to this situation. I don’t believe China’s position is inimical to the manipulators scheme.

It’s all a show and we’ll never know the truth by watching the puppets…no matter what the puppets do…it’s all part of the show.

Comment on Saudi Central Banker Confirms that US Dollar is on its Deathbed by Rob

Rob — Fri, 26 Feb 2010 18:48:31 +0000

The dollar will implode eventually against gold, silver, commodities and precious metals. However, against most currencies in the world, the dollar should hold its own. From what I have read, there isn’t an economy in Europe, save perhaps Germany, that isn’t in worse shape than we are. Japan is also in very poor shape.

Comment on Saudi Central Banker Confirms that US Dollar is on its Deathbed by Erik

Erik — Fri, 26 Feb 2010 04:54:36 +0000

FYI, Professor Blinder was Vice Chairman, NOT Chairman, of the Federal Reserve:
http://en.wikipedia.org/wiki/Alan_Blinder