Aye

The Fed is like a drug pusher feeding the addicts with the drugs.

If they remove the drug, the druggie will go into CONVULSIONS and DEath.

Cant stop or else

Even at the beginning of QE, many gold bugs believe that there was NO solution to Greenspook's financial crisis.
Its a case of kicking the can down the road by Bernanke. That's why they said QE to infinity.
Delaying of the inevitable.
I believe that they did not think fiat will end.
All will be re-setted.
It will just be in a different form.

CON-spiracy?




Home
Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2
Tyler Durden's pictureSubmitted by Tyler Durden on 08/30/2013 21:32 -0400

.
In early April, the status quo was exuberant when none other than Goldman Sachs issued a "sell" on the barbarous relic that has become so indicative of the exuberance of central planning. At the time, we were skeptical (to say the least) and, just for extra Muppetting, the bank also suggested its clients buy Treasuries. Well, now that the full details of holdings changes have been released for Q2, it is perhaps clearer than ever before that as the bank was telling its clients to "sell, sell, sell" it was itself "buy, buy, buy"-ing the Gold ETF (GLD) with both arms and feet. In Q2, Goldman Sachs added a stunning (and record) 3.7 million 'shares' of GLD. As Paulson dumped his GLD, Goldman lapped it up to become the ETF's 7th largest holder.






buying what its clients were selling in size...








http://www.zerohedge.com/news/2013-08-30/g...d-amount-gld-q2

I don't need to.

I have enough from $250...........

2002

No.
Just as when I bought, I had no target.

It was the numbers and situation of the financial outlook which prompted me to go in....and that was after I started studying
gold in 1999 and first bought in 2002.

The present numbers and world financial situation do not prompt me to sell, just yet.

TOO Much!

In todays value, its about 20% of my investment portfolio.

No

No GIA thos days...........just plain solid gold pieces

Yessum

You are too late. They already priced in tapering in the gold price. It has already retreated $100.

Next, IF you believe tapering you would have shorted gold.

BUT WHOS to believe? The FEDS?

The unemployment is still HIGH and the economic recovery is is.....chugging along for the last 5 years.

Like Sri at CNBC said: " The Feds have put themselves into a tight corner by pre announcing Tapering"

How now, brown cow Berny?

They will beat gold up.

The Kijang gold coin...........no problem selling bk to Maybank

And you can buy

Maples, Pamps, Nuggets from UOB as well...........no problem

Now was that a real surprise?


Economic growth indeed..........
Raise the rate and U.S will spiral into DEPRESSion.............simple as that

The Chinese buying sooooo much gold!

October Chinese gold imports from HK massive 131 tonnes

Net Chinese gold imports through Hong Kong in October exceeded 130 tonnes – the second highest figure on record and showing that Chinese demand is still rising.

Author: Lawrence Williams
Posted: Wednesday , 27 Nov 2013

LONDON -

Far from slowing down, net Chinese gold imports through Hong Kong accelerated in October to 131.2 tonnes according to figures sent to Reuters today - the seventh month this year that China has imported over 100 tonnes of gold and the sixth in a row. Imports appear once again to be being stimulated by the lower gold prices currently prevailing. A Bloomberg comment suggests the figure was slightly lower at 129.9 tonnes and that this demand strength is also due to jewellers and retailers purchasing gold to build up stocks ahead of what is usually the peak demand season for gold purchases on the Chinese mainland and in Hong Kong itself.

China net gold imports from Hong Kong 2013 to date


Month

(tonnes)


January

20


February

61


March

136


April

77


May

106


June

102


July

113


August

110


September

111


October

131


Total year to date

967


Again this increased volume of imports through the former British Crown Colony highlights how conservative the estimated figure for Chinese gold imports via this route of 1,000 tonnes, so frequently quoted by most media, was when it was made by the World Gold Council, using GFMS figures, much earlier in the year. The statistics now show that the 1,000 tonne figure has probably been reached comfortably already now we are almost at the end of November and the likely figure for imports through Hong Kong alone this year will be more like 1,200 tonnes. This ties in strongly with the recent report from China’s biggest jewellery company Chow Tai Fook of almost doubled sales through the first half of the current year as the Chinese continue to buy gold in volume.

But, as we have said before – and there is an increasing amount of evidence to support this – that China also imports gold through other routes, notably Shanghai – and that total import figures now look likely to be nearer 2,000 tonnes - some analysts put them even higher - rather than those shown by the Hong Kong figures alone. Together with China’s likely domestic gold production this year of 420-430 tonnes, Chinese annual consumption this year, on the more conservative estimates, now looks like being in the order of 2,400-2,500 tonnes, or well over 80% of the latest estimates of world new gold output this year of an increased 2,900 tonnes – the rise in global production over last year largely being because of high grading by the world’s major producers to compensate for lower gold prices.

Thus gold continues to move from West to East, seemingly at an accelerating rate with China being fed by the gold bleeding from the big gold ETFs as well as from global new mined production. When are investors in the West going to wake up to the fact that if China carries on buying at current rates – and there’s no sign of any slowdown – there soon won’t be any physical gold left to trade in the traditional markets – it will all be being swallowed up by China and the other eastern consumers. If anything points to a massive price squeeze ahead this has to be it!

http://www.mineweb.com/mineweb/content/en/...19660&sn=Detail

Already affected....where have you been?

The sun will rise everyday..............and set every day.

Yes

Taper may come. It may come because

a) US treasuries become junk and US blows up
b) US economy licks up, jobless claims goes down'

Just as the sun will rise and fall

So why?

This is your taper
'Taper' is the FED printing $75 Billion per month, instead of $85 Billion per month. They will create $900 Billion instead of $1,020 Billion 'thin air' US Dollars. So, at the end of 2014, the FED's balance sheet will be $4.9 Trillion instead of over $5 Trillion.

OR Yellen may increase QE? and QR for ever........why should she stop and cause Deflation and Depression?
WHO wants to be remembered for that?

Very soon PHYSICAL gold in Comes warehouses will be a FAT ZERO!

It may mean Physical gold and paper gold prices will start to diverge.