Greenspan: NO GOLD BUBBLE. "It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.” Really? GET THIS GUY ON CNBC NOW!
When the guy that engineered the fiat paper shit wipe system says this, he's:
A. Lying
B. Has a shit ton of Gold
C. So old hes mistaken for Kermit the frog
D. B&C
You can answer that question you academics!
Click here to see the rest...
D
ReplyDeleteCool now just merge this with his "Print more money video." Instant success.
ReplyDeleteWhat people fail to grasp is that Greenspan was an acolyte of Ayn Rand.
ReplyDeleteMy guess is that Greenspan "engineered" the collapse of the fiat Dollar and with it the rest of the funny money.
I think there has been a war going on to rid us of the Fed and other Central Banks and the private bankers.
Greenspan is now letting slip little bits of info which point to where he is coming from.
OK I'm mad.
I choose B, and E)dead man if he breaks the paper ponzi on cnbc
ReplyDeleteJust read the whole article and I think he is sending out a signal against QEIII. Perception IS reality so currency markets are breaking down. Duhh! Keep stacking the phyzz.
ReplyDeletehahahahaha...yeah it's like old Kermit the Greenspan served his masters well and has since been graduated to "partner". At this stage of his "career", he is free to pretty much do and say as he pleases. Even if he wants to speak against the party line. (He has a fuck-ton of gold that he greedily hoarded while suppressing its' price as chairman. - My guess)
ReplyDeleteI smell a book deal.
Interesting choice of words ... "Gold, unlike all other commodities, is a currency" and "an escape from what is perceived to be a fiat money system"
ReplyDeleteSo... it is Gold or "Currency" which is the problem and doesn't have anything to do with fiat (or as SGS called it "fiat paper shit wipe system") which is "money". LMAO!!!!
fking manipulative bastards!
You need a fifth possibility, "E":
ReplyDeleteE) Greenspan is senile and has forgotten that insiders who talk to much are highly prone to "heart attacks".
You forgot the option of E) Is too old to give a shit anymore.
ReplyDeleteLook at Ken Fromm and all these old elites spilling the beans everywhere, they can feel the reaper outside there door and just don't care anymore, also, this NWO is a done deal at this point.
Well, now I'm confused. I Could have sworn Beelzebub Bernanke said that gold was just "tradition" and should not be construed as money.
ReplyDeleteThen, just when I thought I had it all understood, Greenspan says gold is a currency.
WTF! Perhaps they should work together to get their story straight.
@Uncharted Thoughts: I'm with you on this one.
ReplyDeletewoody allens dad must be working on his bucket list...
ReplyDeleteRead the work of Bix Wier and the Road to Roota theory. It is enlightening and will clear up a few things about Greenspan and his career.
ReplyDeleteMike S: where are you at, bro? Wanna talk Soybeans with you.
ReplyDeleteAbout the only 2x I ever listened to Greenspan...
ReplyDelete1. Back in 99 before Y2K, Greenspan was on a Sunday afternoon show for an interview.I can't remember who.
Greenspan was asked where he was putting his money before the Y2K roll over and he said Gold...
Then he was asked what percentage and he replied "All of it"...The interviewer almost fell out of his chair...
2. Months ago Greenspan stated "Fiat has no where to go but Gold"
Oh and SilverUrinal Sucks...
ReplyDeleteGreenspan was a gold person before he learned that he liked being lauded & reappointed by Presidents, who like having fiat currency (not gold-linked ones) to push their agendas and get re-elected.
ReplyDeleteIn other words he could have stood on principle.. but didn't want to get tossed out on his ass like Volcker was for busting inflation/slowing fiat depreciation.
lol yea the CIA is gonna murder 85 year old greenspan because he is such a threat...
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteDAMN! PaidinGold!! Your not playing tonite. Anyway, I went to Wiki after Commodityworldnews posted that Defjam stuff and it did say defcon 1. But it fucking Wiki, lol.
ReplyDeleteThere comes a time in a mans life, even if he did evil for the longest time can repent & ask for forgiveness. Is Greenspan doing this (in his own way)? Maybe. I don't know what is in the mans heart. But, for him to go on a semi successful show & make these comments about gold can't exactly be dismissed so easily. He could be slipped an almost untraceable poison. OR, these sick globalist like to tell us before hand what they are going to do. For the most part, I think the people that come here want to stack PHYZZ, because that is the ultimate money, yes?
ReplyDelete@malcolm: I might be remembering wrong, but did you ask me something in the last day or 2? If not, it is my bad memory. if you did, I wasn't ignoring you, the fall is setting here in PA & I am trying to enjoy as much as I can.
ReplyDeleteYes, it is money and Greenspan knows that.
ReplyDeleteHey Ledbedder,
In a previous thread earlier today, I think the all sorta blend together, you had some TA, I wasnt sure if it was for the Dow or Ag.
Same here in the Pacific Northwest.
in case no one has made it over to Harvey:
ReplyDeletehttp://harveyorgan.blogspot.com/
"The CONFIRMED volume yesterday at the gold comex was a super monstrous 483,444 with NO SWITCHES. My goodness, the bankers decided to throw the kitchen sink, the bathtub, their mother-in-law, everything was thrown in trying to quell gold's demand and reduce its price. And the OI reduced by only 8500 contracts????"
Bawhahahahahahaha! Fuckem! They are so screwed!
Wouldn't it be great to think he took the system down from the inside. Print so much paper that it utterly destroyed all confidence in it. Perhaps Bix Weir's Road to Roota theory is correct. That is one damn strange cartoon to have on a Federal Reserve website.
ReplyDelete"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." - Greenspam.
@malcolm: it was either for silver or S&P emini. Oh, TA doesn't stand for t!ts & a$$. LOL. Yes, SIU11 got close to the traj. line as well as the near term 50%. If I remember correctly, I said in this volatile market, it was close enough & thought there was a good chance a bottom was in, but was cautious. I'm going to wait until everything settles for the weekend. With me not sitting near a monitor all day, I cannot give point by point. Maybe I'll take a day, drink a ton of java & do just that!
ReplyDeleteIf you read the resources within Road to Roota website that are free, you will find that Alan Greenspan has always been a gold bug and that a war has been ragging for quite awhile against the cabal. Bix suggests that the time to exit fiat and electronic money of all types is upon us and things will start to happen much faster including the inability to get physical at any price. He is bullish on gold and even more so on silver.
ReplyDelete@malcolm: my earlier post
ReplyDeleteLedbedder said...
Intraday low didn't quite hit the traj. line, but in this volitile market, I'm ok with that. The Fib. 50% wasn't quite hit either, about 26 cents away. Strong trending markets will do this, they'll hit the 38.2%, but not quite get to the 50. Although I say this with some caution, today's low seems to be solid, and I think a renewed upswing is very possible. Still have to get through Friday, as Wed. is still fresh in our minds and anything can happen.
August 25, 2011 12:11 PM
Many become Gold Bugs after reading this Quote...
ReplyDeleteNone other than John Maynard Keynes once said:
"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens... There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
Suddenly Mr Keynesian himself, loves Gold!
ReplyDeleteIsnt that kewl!?
Bob Chapman Exposed, What you didn't Know?
ReplyDeletehttp://www.youtube.com/watch?v=dUiPwqmZX4o
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I choose D. I had to stop watching that youtube clip from eariler today with Schiff and that clown who I wanted to bitch slap so hard I thought my head was gonna explode.
ReplyDeleteThis is a chance in a life time to show Joe 6-Pack (Maloney cliche) what the problem is:
ReplyDeleteAt the stadium, you need 30,000 Warren Buffets in the crowd waving $5B dollar Bills. And here's the kicker - only the loosing team gets the money.
Game in game game out only the losers cha-ching, and the coaches and owners all get bonuses. Surely after a few years 6-pack will see something wrong, if not he deserves to watch chic flix!