exactly. It needs to be transitioned and we are in that transitory phase. It's no coincidence that the markets are smoke and mirrors right now. They know it's coming. All the inside sales for millions of dollars every day is witness to them knowing this.
dub dubs confirm but you should do it first before they get wind of it. Kind of why we have this place …no?
Funny watching most of these anons whistling past the graveyard with the semantics of what it all means. Just get it and worry about that later.
you can get gold weights down to gram level. Split up a one oz purchase in 1/2/5 gram purchases..that way when the price goes up you are not trying to use something that is too valuable and no one can 'cash' it.
true they do have higher premium but can't put it all in 1oz and higher. The valcambi bars are good as they are breakable
Nailed it..
Don't forget Silver as this has been suppressed in a larger way.
Many billions moar $$$ have been thrown at the silver paper markets via the COMEX trade than gold.
Not entirely but is does have some backing.
https://www.marketslant.com/article/golden-yuan-crude-backed-gold-here
Correct but if you want that amount it's easier to cash and carry at a local coin shop.
This is the way forward however it needs to be a basket of several things including gold/silver/other commodity's as this is the only way to make this concept work. Make it part of the blockchain technology so that it is not subject to fraud. You have one side of the key and the chain has the other. The private key concept.
It is unbreakable and not subject to counter-fitting. Greenspan had this idea year's ago and I am convinced he is the original person behind bitcoin.
whatever you say. I've seen it and traded it. Not fake
I think we are past the threat of EMP but if your wealth storage is in property I would find a way to let someone else hold that bag if you get my meaning..they are severely over-valued because of this chart.
Massive credit creation shoved into our system for the sake of growth at any cost.
It has an end result and it is poor..very poor
nailed it
concur especially with the chip on the shoulder thing. hardly blame them though.
>China has similar debt levels to the US
you obviously have no idea what you are talking about.
Debt is many times higher. Do some research before you post, FFS you are embarrassing yourself with each post.
There are rules right?
Then there is reality.
Ever heard of Macau….look it up
not attacks but i see how yu take it taht way.
Another example. MF Global how do you think the rules applied there?….very poorly
Also the COMEX rules state they cannot pay off contract holder's standing for delivery but they have done this for years.
Macua is the place you go to do things that don't require enforcement of a flimsy set of rules you speak of. It's not just Vegas..it's everything else too.
Thanks for playing
it's about premiums for smaller sizes. That is the reality of buying smaller weights.
It's not a difficult concept to grasp.
these people can't grasp that at all.
Especially the one arguing with both of us
fuckin' dumb asses in here tonight.
>I can do that with dollars here with bullion dealers. Is the dollar gold backed?
You know the answer to that.
Apples vs Oranges argument
Can convert whatever you want in china anon. What do you want to pay is the only question after that.
Rules vs Reality you might want to let that concept enter into your thought process.
You never addressed the COMEX/MF Global aspect of my reply to you.
Rules in both examples…how did those work out?
Done..waste someone else's time.