The three amigos are getting you lubed up!

[Littleenki]

Is the Eurozone about to collapse financially? It seems the three billionaires who are relocating their funds think so...what can you say when three ofthe richest men in the world shift their wealth around like chess pieces?

Alex Jones site lays it out pretty clearly....

http://www.infowars.com/jacob-rothschild-john-paulson-and-george-soros-are-all-betting-that-financial-disaster-is-coming/

Billionaire hedge fund manager John Paulson made somewhere around 20 billion dollars betting against the U.S. housing market during the last financial crisis, and now he has made huge bets that the euro will go down and that the price of gold will go up.  And as I wrote about in my last article, George Soros put approximately 130 million more dollars into gold last quarter.  So will the euro plummet like a rock?  Will the price of gold absolutely soar?  Well, if a massive financial disaster does occur both of those two things are likely to happen.  The European economy is becoming more unstable with each passing day, and investors all over the globe are looking for safe places to put their money.  The mainstream media keeps telling us that everything is going to be okay, but the global elite are sending us a much, much different message by their actions.  Certainly Rothschild, Paulson and Soros know about things happening in the financial world that the rest of us don't.  The fact that they are all behaving in a consistent manner right now should be alarming for all of us.

Der Speigel thinks so, too....

http://www.spiegel.de/international/business/investors-preparing-for-collapse-of-the-euro-a-849747.html

According to the Der Spiegel article mentioned above, a lot of investors seem to be preparing for such a possibility right now....


Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar's structure isn't in doubt.

The financial world is starting to wake up to the fact that the globe is absolutely drowning in debt and it is not really good to be holding fiat currencies when a debt crisis erupts.

When men like John Paulson and George Soros start pouring huge amounts of money into gold, it is time to start becoming alarmed about the state of the global financial system.

And as far as Market watch can tell, China's in on it, too!

http://www.marketwatch.com/story/think-twice-before-jumping-on-golds-bandwagon-2012-08-17?pagenumber=2

Within the gold market, there is unconfirmed speculation that China plans to buy up to at least 5,000 to 6,000 metric tons of gold and that it will start to buy during this year, according to Kevin Kerr, president of Kerr Trading International.

If China buys this much gold, that would exceed annual, global production of gold, he said. "We do not have enough gold for China to buy that much, and it will take China time to purchase this amount of gold."

The rest of this article from Infowars shares a number of worrisome facts and possibilities.

I know some members are in the Eurozone, so i want to say...watch your back friends!

Cheers!
Littleenki

[petrus4]

Just remember; there's only one safe place to be.  In the eye of the storm.

[Littleenki]

Just remember; there's only one safe place to be.  In the eye of the storm.

Indeed, Petrus, it seems as a Floridian, Im always having a shot at being there!

Le

[COSMO]

 Oh no, not the Three Amigos!  I thought they were the good guys.  Guess you can't trust anybody now days!   



Sorry, couldn't help myself........

[Littleenki]

Dont worry, Cosmo!
I battled with that one myself!LOL!

You did it though, you rascal!:D
Le

[PLAYSWITHMACHINES]

Forget gold, china is buying up all the worlds steel, neodymium & barium deposits. Do they know something we dont?

[Littleenki]

Forget gold, china is buying up all the worlds steel, neodymium & barium deposits. Do they know something we dont?

Gee, what could they do with those things? Hmmmm..could they be building a magnetic enema machine?

le

[burntheships]

Do they know something we dont?

They know what they are planning in secret!

[ArMaP]

A funny thing about this is that the EU is where the biggest gold reserves are, with almost half of the worlds reserves.

What would be the consequences of gold having an even higher price than today? And why is gold as expensive as it is now (and has been from some time)?

This looks like one of those things, as they tell that they are going to buy or sell something because something else is going to happen, that thing happens because they bought or sold the other something.
(How's that for a confusing sentence? )

[Littleenki]

A funny thing about this is that the EU is where the biggest gold reserves are, with almost half of the worlds reserves.

What would be the consequences of gold having an even higher price than today? And why is gold as expensive as it is now (and has been from some time)?

This looks like one of those things, as they tell that they are going to buy or sell something because something else is going to happen, that thing happens because they bought or sold the other something.
(How's that for a confusing sentence? )

Clear as a wooden bell, ArMaP!;)

Sort of like the disease happens because we prepared for it?

Le

[zorgon]

What would be the consequences of gold having an even higher price than today? And why is gold as expensive as it is now (and has been from some time)?

Big rich guys buy GOLD

Scare everyone else into buying GOLD

Price of GOLD goes sky rocketing

Rich guys sell GOLD

Rich guys make a killing

price of GOLD plummets

Happened in the 80's

Hunts brothers cornered the SILVER market in the 70's

Price of SILVER went up to $45.00 Hunts Brothers

Then plummeted back to $4.00

Zorgon missed the boat Still have all my scrap silver and ore

In Dec 2011 GOLD was $1890.00 today its at $1637.09



In Dec 2011 SILVER was $45.00 today its at $29.25



Now back in December marketeers told us China was buying up SILVER and the price of SILVER was going to go to $500.00

But right now both SILVER and GOLD have been in steady decline...

So maybe the rich guys are trying to fix that

Zorgon missed the boat again Still have my SILVER and some GOLD scrap...

Zorgon hope the prices go through the roof

[Littleenki]

hehehe, Zorgon speak like robot

Keep that scrap, Z, and Ill shake out my shop carpet again...lots of silver in carpet of Littleenki!

Should John open up the mine again?

Le

[COSMO]

hehehe, Zorgon speak like robot

Keep that scrap, Z, and Ill shake out my shop carpet again...lots of silver in carpet of Littleenki!

Should John open up the mine again?

Le

You need  a claim here.  There is A LOT of gold up there, you just need good equipment and a lease, and they aren't cheap.  There are no roads to there either!  All by ship or air.  Le, you probably scuba yeah?  They only dive down 12-20 ft.

http://dsc.discovery.com/tv/bering-sea-gold/

[zorgon]

Keep that scrap, Z, and Ill shake out my shop carpet again...lots of silver in carpet of Littleenki

Back in Toronto in the 70's a guy bought an old warehouse. He tore up the floors and netted 4.7 million in gold and silver. The warehouse was an old jewelers manufacturing site

Another guy.. smart fellow... laid a claim on an old abandoned gold mine in Eureka Ontario. He reprocessed the old mine tailings and netted 43 million

Up near Sudbury there was a highway road cut... a popular mineral collection site. I stopped there myself. One day a prospector was washing a specimen off in the stream near by and slipped on a moss covered stone. That stone was a chunk of gold just lying around .  It was also a key to the biggest gold strike in Canada and led to a law suit for ownership (The prospector worked for the mine that claimed it but he had found the owner of the land and made his own deal )  all those years not one rock hound found it

There is a LOT of gold out there... a LOT

Should John open up the mine again?

John is too old for hard rock mining... even the trip to the mine was brutal on his spine. Beside The Tortoise Takeover made sure he couldn't go back

before.... the woofer table off the ball mill...



ball mill and assay lab in back



the machine shop...



After stage one of the Government Cleansing....



Its now a restricted preserve... can still go on the land with ATV to hunt, but no prospecting

Tortoise wins... 250,000 acres

[zorgon]

The Mine before the Coming of the Tortoise 



One of the new shafts going into the quartz vein



Lone survivor... the Pomegranate tree that has sunk a tap root into the now flooded tunnels beneath the property