Post
Topic
Board Economics
Re: Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel
by
BitHodler
on 04/09/2018, 23:18:37 UTC
Thats what bullion dealers are for, hand over the cash and walk out with the metal.
It's not as easy as you make it seem like. I have checked several bullion dealers within my country, and they all require me to have them store a copy of my ID and other personal information for who knows how long.

Also do they have various limits in place at which they by law are forced to report purchases and sales over a certain amount to the government. That, at least in my country, is not a motivating factor to buy myself into gold.

DOW Jones [stock markets] have gone up from 18000 to 26000. Looks like the cartel is selling gold and putting the multi-trillions in stock markets. See insider's information for gold on my website. Those algorithms.
They don't have to sell gold in order to significantly inflate stock prices. Nearly the entire stock market has been bought up with debt in the last couple of years, all because of how cheap it is to borrow money.

Gold always tends to lose value when there is no urgent need to hedge anything.