Gold Buying Panic In China: 10,000 People Wait In Line For Their Chance to Own Precious Metals (Stunning Pictures):
"One day in the near future Americans will finally realize that their money is being devalued at a rapid pace. For the time being the price increases are somewhat muted by official announcements of inflation being under control at around 2% and purported economic recovery on the horizon. The Federal Reserve and the US government are doing everything in their power to maintain a perception of stability. But what happens when all the machinations are proven to be fruitless during the next stock market crash and currency crisis? That’s when people panic."
The Bible says:
"Go to, now ye rich men, weep and howl for the miseries that shall come upon you. Your riches are corrupted, your garments are motheaten. Your gold and silver is cankard; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold the hire of the laborers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Saboath. Ye have lived in pleasure on earth, and been wanton; ye have nourished your hearts as in a day of slaughter." - James 5:1-5
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Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts
Friday, June 14, 2013
Monday, April 15, 2013
Panic is Everywhere: "We’ve Never Ever Seen Anything Like It! I Mean it!"
Gartman on Gold: We’ve Never Ever Seen Anything Like It:
Excerpt:
"Gold prices continued to plummet Monday on concern that Cyprus will have to sell excess reserves of the precious metal to raise about $522 million to help finance that country's $13 billion international bailout, Dennis Gartman, editor of The Gartman Letter, told CNBC. 'There are a lot of people throwing up their hands. Throwing positions overboard. Panic is everywhere,' Gartman said in a 'Squawk Box' interview on Monday. 'I've never seen anything like this. I mean it.'"
The Bible says:
"Go to now, you rich men, weep and howl, for the miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Sabbaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you."
Recommended reading:
The Holy Bible!
Excerpt:
"Gold prices continued to plummet Monday on concern that Cyprus will have to sell excess reserves of the precious metal to raise about $522 million to help finance that country's $13 billion international bailout, Dennis Gartman, editor of The Gartman Letter, told CNBC. 'There are a lot of people throwing up their hands. Throwing positions overboard. Panic is everywhere,' Gartman said in a 'Squawk Box' interview on Monday. 'I've never seen anything like this. I mean it.'"
The Bible says:
"Go to now, you rich men, weep and howl, for the miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Sabbaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you."
Recommended reading:
The Holy Bible!
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