tag:blogger.com,1999:blog-4490468598422095060.post6916374078502206345..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Say Goodbye to Wall StreetFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger58125tag:blogger.com,1999:blog-4490468598422095060.post-86912716459792091792009-10-04T22:44:35.509-07:002009-10-04T22:44:35.509-07:00Fauvi,
Thats exactly what Im talking about. With ...Fauvi,<br /><br />Thats exactly what Im talking about. With a health crisis and a currency collapse people will be out of their minds. The ones of us that have the gold will hide it, and the elites will just leave theirs in their big vaults.<br /><br /> Gold will finally be completely demonetized psychologicaly and physicaly. And the sheeple will except whatever new tyranical money system that Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87904852038914160112009-10-04T16:04:57.999-07:002009-10-04T16:04:57.999-07:00Some confusion on my last comment. Sorry. http://w...Some confusion on my last comment. Sorry. http://www.talkingpointsmemo.com/news/2009/09/full_text_of_newsmax_column_suggesting_military_co.phpAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86821131341250521422009-10-04T12:43:15.469-07:002009-10-04T12:43:15.469-07:00For the moment are speculations on future taxes ar...For the moment are speculations on future taxes are quite difficult. Europe is not in a very rosy position either and even Germany has high level of state debts, Deutsche Bank has 2200 B exposure and unemployment is 17% (unofficially).<br />I am somehow expecting savvy people to make some comments on monetary situation (gold) and WAR. Or flu, which is going to be quite a subject. One cannot only Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88518280325475991302009-10-04T09:50:15.961-07:002009-10-04T09:50:15.961-07:00The fact that gold is exempt from VAT taxes in the...The fact that gold is exempt from VAT taxes in the EU may be an intentional insurance policy created at the introduction of the Euro 10 years ago. Giving away the sovereign right to control the supply of money to a European institution required an exit option or at least an option for the common people to exit the Euro if something went terribly wrong. The choice was to promote gold as a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-81968960949582292462009-10-04T08:34:11.876-07:002009-10-04T08:34:11.876-07:00Oh, I didn't came across that exception. Regar...Oh, I didn't came across that exception. Regarding many EU regulations, the member states must apply them to their law, no exceptions. But of course it is always allowed to make something worse for the general public that can use tax heavens and the like.<br /><br />That the central EU power and overregulation, especially with the Lisbon treaty goes to far is in fact a serious problem.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-44943722424732786962009-10-04T06:01:42.498-07:002009-10-04T06:01:42.498-07:00Unfortunately there also exist exceptions in EU re...Unfortunately there also exist exceptions in EU regulations if the EU member state wants to put tax(VAT)on gold purchases it is up their decision not follow this regulation. The big point is EU becomes more overregulated super state where individual citizen looses control about taxes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47325449355848685082009-10-04T01:18:51.120-07:002009-10-04T01:18:51.120-07:00@Anon 2:49
Taxes on old don't need a high gol...@Anon 2:49<br /><br />Taxes on old don't need a high gold price. The government can change the rules anytime, impose taxation or whatever.<br /><br />What is interesting for Europe is that Gold is tax exempt by EU regulation! What does this mean? No EU member state can raise taxes on purchases of gold.<br /><br />Think about thatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10690442807536044612009-10-03T14:49:40.507-07:002009-10-03T14:49:40.507-07:00Re: Tax and Gold
1oz of Gold price over $10,000US ...Re: Tax and Gold<br />1oz of Gold price over $10,000US gives the govt the tax.<br /><br />Here in Australia when you buy your bullion from the Mint - as long as it is under $10,000 the tax dept does not have to be notified.<br /><br />Would a sudden repricing of Gold over $10,000 be a boon for the debt bloated Govt?<br /><br />Imagine the Govt getting a tax from every ounce sold?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45296101790662201332009-10-03T13:40:54.176-07:002009-10-03T13:40:54.176-07:00Re: Higher priced gold and silver.
This is a natur...Re: Higher priced gold and silver.<br />This is a natural evolution.<br />The signs are everywhere.<br />There isn't much time left to prepare.<br />Rememeber the history of Europe, Asia and the US of old world money and culture, our foundation to this day. <br />Don't ignore the prophecies that so beautifully correlate with each other despite originating in isolated, distant places such MichaelBnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58337473923679202182009-10-03T13:27:38.099-07:002009-10-03T13:27:38.099-07:00It has suited the USA to have Gold price in a few ...It has suited the USA to have Gold price in a few hundred US dollars.....<br /><br />when does it suit the USA to have Gold priced in the tens of thousands....?<br /><br />When it does suit them ....it will.<br /><br />Time will tell....i just hope it doesn't take 100 years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-7301066330801478412009-10-03T11:55:21.100-07:002009-10-03T11:55:21.100-07:00"who do you think will be MAKING the rules? T..."who do you think will be MAKING the rules? Those with more than 10 ounces of gold each, or those with less?"<br /><br />The obvious answer is: the rules will be made by those who control the justice system and have the power to put you into jail. These people do not care whether money is made out of paper or gold. They care only whether taxes are being paid. <br /><br />One reason why Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55309406710342273412009-10-03T04:00:18.526-07:002009-10-03T04:00:18.526-07:00Thanks Fofoa for reminding us of Trailguides words...Thanks Fofoa for reminding us of Trailguides words. He does make a good point.<br /><br /> But what Im concerned with is, the geopolitical envirornment as well as the worlds psychological view about gold now. <br /><br />For gold to go into perminent hiding, it probably would destroy what the elites hold so dear, but then they would be the ones to set up a new even more tyranical system then the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-69729768741404271322009-10-02T23:51:54.475-07:002009-10-02T23:51:54.475-07:00@Anon 6:56
Gold easily covers the real savings of...@Anon 6:56<br /><br />Gold easily covers the real savings of people (i.e. the real physical fiat money).<br /><br />You have to remember that only the actual currency (i.e. physical Euro, Dollar, Yen bill or coin) is legal tender. <br /><br />Everything else, like the digits at your bank account, is money that was created on some others debt. If the ability of the borrower to repay this debt goesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-38062876273060483812009-10-02T22:49:30.996-07:002009-10-02T22:49:30.996-07:00FOA continuing...
It will not lead to the collaps...FOA continuing...<br /><br /><i>It will not lead to the collapse of world banking so much as it will lead to a reallocation of value between assets vs reserves. Which are and which are not. Further, a loss of paper exchange trading will drive gold to its true physically traded price. <b>Gold in the tens of thousands per ounce will represent</b>:<br /><br />First<br />,,,, its real currency value FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61464323609360075642009-10-02T22:02:32.311-07:002009-10-02T22:02:32.311-07:00This almost happened last October, around the 10th...This almost happened last October, around the 10th. Wonder what this October will bring...<br /><br />FOA: <i>So what are we looking for when we watch the paper gold prices and Comex? What gets me excited when the market begins a little move? Well, it's not the fact that it's going up, rather we are looking to see if the impact of political change is working the gold derivative's FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-43512042013460334592009-10-02T21:16:29.656-07:002009-10-02T21:16:29.656-07:00So what are you saying? If gold is correctly value...So what are you saying? If gold is correctly valued relative to the size of the world we will be overrun by a new gold rush? Are you saying that too much effort will go into the unproductive mining industry, sucking people away from essential industries like Wall Street and Real Estate sales?<br /><br />More likely you will find that 'gold in the ground' will become a 'strategic FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13541896268652675772009-10-02T18:56:46.383-07:002009-10-02T18:56:46.383-07:00Paper money for circulation (paying your daily bil...Paper money for circulation (paying your daily bills) and gold as a medium for storing savings. A nice idea, unfortunately, it would imply that people would have almost no savings. Presently, one ounces of gold is around $1,000 meaning that most gold mines can produce gold at the cost of less than $1,000 per ounce. The total existing gold above ground comes down to less than 1 ounce of gold per Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-25431368028408126642009-10-02T15:16:42.063-07:002009-10-02T15:16:42.063-07:00That's what I said last night as I watched him...That's what I said last night as I watched him receive his "diploma". Hmmm... let's see, Chicago or Rio? LOL Did you see that diploma presentation? What an embarrassment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-78809725975204011392009-10-02T15:10:25.614-07:002009-10-02T15:10:25.614-07:00Isn't it wonderful that Os got rejected on the...Isn't it wonderful that Os got rejected on their Chicago put? I see it from the political point of view. Who the hell would want to be in Chicago 2016??? That was a real reason to get more optimistic!<br /><br />FauviAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88097091608363655972009-10-02T13:42:53.483-07:002009-10-02T13:42:53.483-07:00Indeed you can get gold bars as small as 1g but th...Indeed you can get gold bars as small as 1g but the smaller you go the more expensive they get. Those 1g bars cost about 40% per gram more than a Krugerrand.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-17587110851590129172009-10-02T13:20:04.487-07:002009-10-02T13:20:04.487-07:00Hello MichaelB,
Yes, that would be funny if the s...Hello MichaelB,<br /><br />Yes, that would be funny if the size of their greed spoiled the object of their desire into worthless obsolescence.<br /><br />Population-wise, the US represents only 5% of the world. The "dollar-zone" at best represents 25%. At most, we are talking about the top .1% of the dollar zone that would be pulling off this concentration of wealth SO HIGH that it FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-72714622552361098542009-10-02T12:55:01.339-07:002009-10-02T12:55:01.339-07:00@FOFOA
Re: "... Gold would not be valuable if...@FOFOA<br />Re: "... Gold would not be valuable if one person owned all of it. It is most valuable in its widest distribution possible, the wealth reserve, which requires a much higher valuation than it has right now. A higher valuation denominated in hard assets, not just fiat currencies!"<br /><br />Excellent. Now wouldn't it be hilarious if they were able to continue to fool the MichaelBnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50153282123921112792009-10-02T12:45:10.175-07:002009-10-02T12:45:10.175-07:00@Martijn, Anon
Some of those 1gm bars recently ca...@Martijn, Anon<br /><br />Some of those 1gm bars recently came to me in trades with a local dealer, so others can find them as well. <br />Also took 2.5gm, 5gm, 10gm and 20gm.<br />But a problem with the smallest is at times they resemble insects or lint! :)<br />P.S. I also have some 1/4ou and 1/2ou Englehard silver rounds and have seen 1/10ou Englehards but no wafers... yet.MichaelBnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30916802944930380782009-10-02T10:49:37.241-07:002009-10-02T10:49:37.241-07:00Yeah, thus far they have such machines only in Ger...Yeah, thus far they have such machines only in Germany.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63265207965775606002009-10-02T03:30:33.687-07:002009-10-02T03:30:33.687-07:00They are selling it by the GRAM now out of vending...<i>They are selling it by the GRAM now out of vending machines! And you can buy it from your teller at the bank!</i> <br /><br />This is not exactly happening world wide thought, and it remains to be seen whom 'they' are in this matter.Martijnhttps://www.blogger.com/profile/10691085642452851905noreply@blogger.com