Almost every passenger on a flight found carrying 1kg pure GOLD

H

HarbingerQ

Doesn't matter how much FED naked short sells the gold, and fills warehouses with paperwork they hope they never have to unwind.

Gold will always be money. Will survive every fiat.

27742856.cms


Reports from Kerala said passengers from Dubai have brought more than 1,000kg of gold in the last three weeks. They pay a duty of Rs 2.7 lakh per kg

http://articles.timesofindia.indiat...52_1_gold-imports-gold-merchants-gold-dealers
 
Quote from HarbingerQ:

Doesn't matter how much FED naked short sells the gold, and fills warehouses with paperwork they hope they never have to unwind.

Gold will always be money. Will survive every fiat.

27742856.cms


Reports from Kerala said passengers from Dubai have brought more than 1,000kg of gold in the last three weeks. They pay a duty of Rs 2.7 lakh per kg

http://articles.timesofindia.indiat...52_1_gold-imports-gold-merchants-gold-dealers
More...
============
Good points, MR Harbinger[A book has your name, good name];
Silver is money , also.

Actually,, US did NOT start REALLY using paper money until the civil war/+...................................................................

Interesting, real interesting .google President Andrew Jackson[7th];
exec order on only silver + gold in buying land.....:cool:

Actually i dont blame the fed for selling silver many years ago;
it can be profitable BUT exspensive to store, +insure.Besides if the fed had not sold[its inventory ]silver,silver price could be sky HIGH, too long :D %%%%%%%%%%%%%%%%%%%%%%%%
 
Thinking out loud...

A currency provider (aka central bank) who is printing money does not like gold available for transactions, so they raise import prices. That way the population is forced to use their currency.

I think it is a nice statement of freedom at the individual level and a nice statement from smugglers going legit.

The central banks' power is waning. They can create some more laws, but that takes time. Plus you have legislatures to convince of why it is a good idea.
 
Quote from HarbingerQ:

Doesn't matter how much FED naked short sells the gold, and fills warehouses with paperwork they hope they never have to unwind.

Gold will always be money. Will survive every fiat.

27742856.cms


Reports from Kerala said passengers from Dubai have brought more than 1,000kg of gold in the last three weeks. They pay a duty of Rs 2.7 lakh per kg

http://articles.timesofindia.indiat...52_1_gold-imports-gold-merchants-gold-dealers
More...

Gold is also a blessed currency in the Holy Bible.

Now we understand why...
 
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