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Moscow Gold Standard could expose fair gold price, end market manipulation

Goldbrix

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"Matthew Piepenburg, Commercial Director at Matterhorn Asset Management, returns to discuss the Moscow Gold Standard and how it could end the LBMA and COMEX's gold price manipulation. "
0:00 - Gold manipulation and Russia 10:48 - Monetary reset with BRICS, IMF 16:20 - Bitcoin 20:33 - Tipping point for reset 24:21 - Gold price
 

nickndfl

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Not until US gold reserves are pillaged. Nobody will buy Russian gold if it's more expensive than US.
 

TAEZZAR

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Chinajoebidet's spending cannot continue without weakening our already weak dollar.
The manipulation cannot go on forever! JMHO
 

Goldbrix

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Not until US gold reserves are pillaged. Nobody will buy Russian gold if it's more expensive than US.
But it is not. Especially if you are trading with Russia during this WEF / West Crisis.
How does any of us know the gold reserves of the US are still here ? Nobody has seen Fort Knox Gold for about 20 yrs and that was one vault door opened NO OTHERS.
 

Voodoo

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Not until US gold reserves are pillaged. Nobody will buy Russian gold if it's more expensive than US.

Look at it the opposite way... what moronic miner would continue to hedge at the COMEX prices? None. All the real stuff would go to Russia to be traded.
 

Cigarlover

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I don't see the manipulation that everyone else claims. In 1915 a house went for 3200 or 160 ounces of gold. Today that 160 ounces is worth 280,000-320,000. Seems pretty much in line to me. We are talking averages here, not big city slicker prices or Cali prices. If anything is being manipulated it's the housing market in the big cities.

Silver seems a bit undervalued right now. 3200 ounces silver would be 56,000. A far cry for what's needed to buy a home. Silver at 100 would be 320,000 for 3200 ounces. That would also give us a G/S ratio of about 17 to 1. Way closer to where it should be.

Also need to keep in mind that housing is way over priced and in a huge bubble, only made possible by cheap credit. Gold and silver aren't being bought and financed on 30 years mortgages.
 

Tbonz

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I don't see the manipulation that everyone else claims. In 1915 a house went for 3200 or 160 ounces of gold. Today that 160 ounces is worth 280,000-320,000. Seems pretty much in line to me. We are talking averages here, not big city slicker prices or Cali prices. If anything is being manipulated it's the housing market in the big cities.

Silver seems a bit undervalued right now. 3200 ounces silver would be 56,000. A far cry for what's needed to buy a home. Silver at 100 would be 320,000 for 3200 ounces. That would also give us a G/S ratio of about 17 to 1. Way closer to where it should be.

Also need to keep in mind that housing is way over priced and in a huge bubble, only made possible by cheap credit. Gold and silver aren't being bought and financed on 30 years mortgages.
so...........buy silver. got it.
 

Uglytruth

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Looking at long term charts the question is silver undervalued but only seems to "spike" up for very short times.
So if everyone is holding silver & it spikes do you swap to gold at that point or seeming ride the leak back down? Gold seems much more stable.
Put another way silver is "undervalued" but how do you get out of silver and into into something that is stable like gold?

Silver bouhgt when it was $5 your happy. Silver bought when it was $25-$30 your underwater and waiting.
Gold bought when it was <$1000 and your happy. Gold bought at $1500 + and your still content.
 

Cigarlover

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Just a thought here.. The Gov created trillions over the last couple years which has created massive inflation. Powells goal is to destroy trillions and get rid of inflation. Lets say he succeeds. Dow goes back to 20k and trillions are wiped out in valuations from the stock and housing market. Is gold and silver still undervalued? I know we all expected the metals to skyrocket because of inflation. Instead we got a strong dollar and weaker metals. If they get rid of all those excess trillions and inflation why would the metals soar then?
 

Uglytruth

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Just a thought here.. The Gov created trillions over the last couple years which has created massive inflation. Powells goal is to destroy trillions and get rid of inflation. Lets say he succeeds. Dow goes back to 20k and trillions are wiped out in valuations from the stock and housing market. Is gold and silver still undervalued? I know we all expected the metals to skyrocket because of inflation. Instead we got a strong dollar and weaker metals. If they get rid of all those excess trillions and inflation why would the metals soar then?
Don't you think powell works for them? We know they want us all dead or at the least broke? If we are all dead & the few remanders are broke a select few in charge will control everything. It's a whole different game than what we are playing. We are chasing about money / wealth & they are thinking about total control. Maybe we should be seaking control / freedom and the money / wealth would take care of itself.
 

Cigarlover

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Don't you think powell works for them? We know they want us all dead or at the least broke? If we are all dead & the few remanders are broke a select few in charge will control everything. It's a whole different game than what we are playing. We are chasing about money / wealth & they are thinking about total control. Maybe we should be seaking control / freedom and the money / wealth would take care of itself.
Good points. Perhaps we need a movement to demand all states to follow the constitution and make gold and silver money so it will always be accepted even if the feds do that digital shit.