Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

[W4rl0ck]

Understand it.

What do YOU think they're going to do? Explain how it plays out.

Quote from Mecro:

http://en.wikipedia.org/wiki/Bretton_Woods_system

Read it and understand it.

USD is essentially forced via Bretton Woods as the world's reserve currency. Major nations don't want to follow this anymore. Too many dollars in the world already but this bailout nonsense is signalling an unprecedented printing of mass amount of dollars.

Connect the dots. If you were nation that actually produces something, would you really want US dollars anymore?

When Obama speaks of CHANGE, he really means it.

 

[Mecro]

Quote from W4rl0ck:

Understand it.

What do YOU think they're going to do? Explain how it plays out.

Devalue the dollar, which should be obvious. Maybe they will have dinner & drinks first, maybe after. Possibly smoke some cigars also.

 

[PAPA ROACH]

Quote from Mecro:

Devalue the dollar, which should be obvious. Maybe they will have dinner & drinks first, maybe after. Possibly smoke some cigars also.

Gee, why didn't my dumbass think of that? Groundbreaking stuff there. If only I could understand it all.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=144565

 

[gtizzle101]

jesus this guy is smarter than him, that guy doesn't have a diploma, he says we are going the way of the amero, that guy is saying we need to inflate all currencies at the same time, the other guy says thats not possible because of debt holding, the guy over there is stockpiling food and according to the other person building a cave, a few are preparing for a armagedon, something about gold and arabs buying it? oh and bretton woods system or something. lol pretty funny thread

 

[PAPA ROACH]

Quote from gtizzle101:

jesus this guy is smarter than him, that guy doesn't have a diploma, he says we are going the way of the amero, that guy is saying we need to inflate all currencies at the same time, the other guy says thats not possible because of debt holding, the guy over there is stockpiling food and according to the other person building a cave, a few are preparing for a armagedon, something about gold and arabs buying it? oh and bretton woods system or something. lol pretty funny thread

Nutritious non-genetic modified food! Get it right my Tizzle.

 

[gtizzle101]

Quote from PAPA ROACH:

Nutritious non-genetic modified food! Get it right my Tizzle.

haha I'll be more careful next time!

 

[marketsurfer]

they are going to get burned big time!

surf

 

[Mecro]

Quote from gtizzle101:

jesus this guy is smarter than him, that guy doesn't have a diploma, he says we are going the way of the amero, that guy is saying we need to inflate all currencies at the same time, the other guy says thats not possible because of debt holding, the guy over there is stockpiling food and according to the other person building a cave, a few are preparing for a armagedon, something about gold and arabs buying it? oh and bretton woods system or something. lol pretty funny thread

Actually, I failed out of kindergarden, even after 10 consecutive tries. Get your facts straight.

 

[thriftybob]

I would guess its our hedge funds that were doing the selling/deleveraging as the rest of the world bought on the cheap, trading us back our paper for metal.

Dubai also had dramatically increased gold purchases recently.

Looks like they managed to pick the bottom, too. I think within a year we'll wish we had the gold instead of the paper promises.

I'll bet COT commercials were net long again this week. That will be 3 weeks in a row if they were. We'll find out late tomorrow.

 

[TraderZones]

Quote from Mecro:

Enjoy your GMO food, have fun. Thanks for being a willful sucker and thanks for playing.

Basically, your posts net out to "DUHHHHHH"