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JakiusFogg
See demand is already weakening.
How long before weak demand turns to majority selling.
Reuters - today
12:01AM BST 15 Apr 2004
The investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.
NM Rothschild will withdraw from all its commodity trading activities, which also include an oil trading business set up less than two years ago, as part of a strategic review. The move brings to an end nearly 200 years of tradition. NM Rothschild was founded in London in 1810 by Nathan Mayer Rothschild,...
Ron Paul? Is that you?
xavi1000
No default yet people , enjoy the modern empire US while you still can.Too much globalisation in this world for playing dangerous games like this . Big players around the World will squeeze Boehner and Obama to make a deal.US wanted a globalised World , they cant ruin now.edit on 8-10-2013 by xavi1000 because: (no reason given)
tracehd1
Here's a video from a trader that seems to understand this Ponzi scheme cannot nor will it survive.
edit on 8-10-2013 by tracehd1 because: Add
crimvelvet
reply to post by Bassago
Also it is NM Rothschild who actually set the value of gold every day and that bit of information gets even more interesting.
Rothschild to pull out of gold market after 200 years
12:01AM BST 15 Apr 2004
The investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.
NM Rothschild will withdraw from all its commodity trading activities, which also include an oil trading business set up less than two years ago, as part of a strategic review. The move brings to an end nearly 200 years of tradition. NM Rothschild was founded in London in 1810 by Nathan Mayer Rothschild,...
Remember Nathan Mayer Rothschild is the guy tasked by Cecil Rhodes to form a world government. SeeRhodes Round Table Groups
One thing is for certain what ever is going on it means less freedom and more poverty for us.
Happy1
Do they fear for their safety?
beezzer
reply to post by Snarl
You have to ask yourself, who is making all the doom predictions?
The politicians and the media.
Ironically, the same politicians making all the doom porn noise are the same ones that welcomed and wanted a shutdown and a cap on the debt ceiling in 2006.
So which is it?
Are we headed for doom or not?
Obama wanted no ceiling increase in 2006. Would not that have caused doom?
Now he wants a raise in the ceiling to avoid certain doom.
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I think nothing will happen if the debt ceiling is not raised.
I think this is all theatre created to urge the masses to go along with the increase.
If the government defaults and truely shuts down, maybe people will realise that government isn't that important after all, and that people can get along just fine without all their interference.
Just my 2 cents.
Plugin
Be not so sure about that.
If the US defaults, interest on the debt would go very high where they only have money left to pay off the debt, basicly nothing else.
Look at Germany what happened just before WWII, your money wouldn't pay for anything.
People where starving, no jobs, no money.
At least back then people still had some idea to grow their own stuff and to take care of themself without money.