The price of gold has risen for various reasons but up to this point it is mainly because of the efforts of professional hedgers and speculators. That is why the price of gold will go higher. Probably much higher. Today's price of gold doesn't reflect the sentiments of the wave of purchasing that will probably occur by the so called little guy.

The little guy hasn't entered into the gold market yet, but when he does, it will create quite a disturbance in metal prices. Similar to the days of tulips. They will scramble around like chickens with their heads cut off, attempting to purchase every bit of gold they can get their hands on. They, like always, will be purchasing at the top of the market. They in fact, will be creating the top!

The emotional purchase of anything is a dangerous thing. The mindset of mistrust, is one that must be carefully weighed, when one is emotionally involved in the markets. That is why the little guy stands no chance in protecting him or herself. Gold is a direct reflection of sentiments. The emotions of the screaming and hollering, have not entered into that sentiment buying. YET! But it will come, and I for one, will get out of their way, as it is to chaotic and emotionally disturbed. It again will point to the top. They will likely lose, most, if not all their purchase value, as quickly as their purchases were made. Holding gold and trading gold are two different types of markets. One can liquidate on the push of a button, while the other suffers the swings in price movements. In this case downward.

I hate to see it happen, but there is nothing I can do but to sit on the sidelines and watch the destructive nature of emotions, take it's toll once again on the uneducated and emotional buyer. My heart goes out to them.

Let me see, hmmmm......

On the other hand, perhaps there is something I can do to help them.
Listen grandma and grandpa! When you see your neighbor starting to buy gold, GET OUT!

"Or will those Elite lead us to war?" ...... Will idiots heed the call and follow them into battle, Avatar ..... although you can be sure that such leaders will be so far behind defensive lines as to be nowhere near any chance of deadly action? Just ask George W. about which bush it is best to hide behind in that regard.

Anyone, without exception, who calls for war and/or starts war is nothing other than an intellectually challenged and pathetic, psychopathic terrorist, and as such is then worthy of global attention and immediate termination with extreme prejudice? Or would you like to differ and offer some crazy justification for mass death and destruction?

"What if the government decided to invent a great lie to justify a disastrous war? What would happen to the people who know the truth? ....
Click to view link

Ideological War-fare

How does one rationally and consciously absorb all these potentially-orchestrated tragic events in Norway and beyond?

If the financial markets are now a "war zone" - which is how I perceive things, then the MSM versus the Internet Revolution is equally one. I would go further and say that, within the alternative internet "community" in of itself, a "war zone" of ideas, ideologies and propaganda is profusely propagating - creating intellectual and political havoc, across a plethora of spectrums, e.g. - Who's exactly doing what (murderous crimes) to whom ? - nobody knows for sure, or so it seems - NATO is a terrorist organisation, for example, but 99% of the Western population will tell you the contrary.

And the events in Norway could very possibly be the extreme frustrations of just one man - it would not surprise me.

To discern what and whom we're up against exactly, we need to keep our wits about us and our defiance well targeted, in order to navigate intellectually these minefields of rampant speculation. A case in point, is the grossly misconceived idea adopted by the sheeple/masses, that they, as plundered tax-payers, are bailing out the lazy, spendthrift Greek, Irish and Portuguese people - NOTHING COULD BE FURTHER FROM THE TRUTH !!

Ordinary Greeks and the others never see ANY of this "bail-out" money. The billions are sent to Greece and immediately this money is funnelled back to French, German, British banks, etc... The EU/ECB aren't bailing out these countries - which is what your treasonous politicians want their financially-feeble flock to believe - they are "bailing out" INSOLVENT, often foreign, banks - not local economies. Like-wise, the FED used QE2 to 'bail-out' European banks with subsidiaries in America. The 'American' FED is a means to an end for the Illuminati Cartel.

Therefore, one must remain mighty vigilant - even prepared to negate all our previously held doctrines, as the internet has the potential to enlighten us immeasurably, as well as to maliciously and shrewdly lead us astray.

Consequently, we must be more than ready when the racketeering banking mafia comes-a-calling to greedily claim our lands, lakes, mines, industries, businesses etc... Greece and Spain are seemingly doing their best (demonstrating and rioting) - why aren't WE all demonstrating in front of our national parliaments or central banks in support of them? - as we ourselves are surely the NEXT UP for the Giant Squid's next liquidating meal.

If for the moment We, the People, think that we're gaining ground on the criminal "elite", think again. The Banksters will replique, up the anti, turn off the internet juice. Spreading FEAR is their strongest tool ; terrorism, wars and bloody murderous newspaper headlines etc...Let's sincerely hope that the elite's ponzi petrol-dollar system implodes sooner rather than later. The sole enemy of the People, mes amis, is the ever enlarging Rothchild-inspired European Cartel of Central Banks. One target, one response.

Western governments are just a mere, queer façade, stuffed full of devilishly mad puppet monsters, selling their souls to the highest bidders.

(I apologise if the above isn't quite coherent or orderly - more of a disjointed rant than anything - Cheers if you got this far ;-)

Click to view link

Dutch demolition expert who said that WTC7 was a clear demolition job has died in car crash. Dog survived.

They look to be getting desperate.

I have seen reports of witnesses in Norway who said that shots appeared to be coming from all directions. Definitely not a one man job. They have come up with a "Lone Nut" story again. Shades of Oklahoma.

Excellent chart to look at!
Thanks!

Many predict gold will go Much higher. Will China attempt to attach its currency to a gold standard and become a new default currency aka the dollar in the 1930's. Will the US government confiscate gold again as they did in the 1930's? Will the Western elite follow Brazil and issue new currencies when inflation starts to get out of hand and how will this affect the price of gold? Or will those Elite lead us to war?

"How many articles have been published with the word "could" in the head-line. It's always a good word to include as it hedges ones bets.

I "could" be the Pope.

I "could" be Napoleon"

---------

GeorgeSilver,

I don't KNOW, though I have some sort of hypothesis, why Mr. Wile and associated elves tend to use phrases like "could"," would", "might", et al.

What I DO know, however, is why I tend to use them and therefore, apart from things like the straightforward prose and the clever optimism, felt attracted to this website from the get-go.

My preference for such phrases is rooted, at least, in two different, but not really disconnected issues:

1. My love for Robert Anton Wilson - his writings, his personality, his fearlessness towards the unknown and the "unthinkable" and his concept of "Maybe Logic":

Click to view link

Click to view link

Click to view link

RAW - May he rest in peace.


2. What I know, or think to know, about consciousness, quantum physics an human reality tunnels.


PS: You ARE Pope. Like it or not, I just designated you, GeorgeSilver, Discordian Pope.

Click to view link

Blessings!

Anthony,
You are not alone in your assessment. Your readers might well be interested in who else strongly believes gold has much further to go and to what extent and what the implications that will have on the price of silver.
1. Update: These 90 Analysts Believe Gold Will Go to $5,000/ozt. - or More!
Click to view link
2. Update: Why $300+ Silver is a Realistic Future Peak Price
Click to view link

"statistical analysis on what factor the price of gold most closely correlates to. Surprisingly, it was NOT INFLATION! On a scale of -1 (high negative correlation) to +1 (high positive correlation) it came out to be just 0.09 (barely any positive correlation). The factor that correlates the best is the LACK OF CONFIDENCE IN THE US DOLLAR. In other words, as the worldwide confidence in the US Dollar falls (the world's reserve currency), the price of gold goes up."

Hi Frank!

You might want to take a look at this chart:

Click to view link

Bob Wenzel over at "EconomicPolicyJournal" unearthed and embedded it in an article - thereby debunking Paul Krugmans' latest "Gold Conspiracy Theory":

Click to view link

I read an article by a financial expert who did a statistical analysis on what factor the price of gold most closely correlates to. Surprisingly, it was NOT INFLATION! On a scale of -1 (high negative correlation) to +1 (high positive correlation) it came out to be just 0.09 (barely any positive correlation). The factor that correlates the best is the LACK OF CONFIDENCE IN THE US DOLLAR. In other words, as the worldwide confidence in the US Dollar falls (the world's reserve currency), the price of gold goes up. The price of gold has gone up way more than what would be permitted by inflation alone. So the question becomes: how much further can confidence in the US Dollar fall... thus leading to a further increase in the price of gold? I believe: A LOT!

But readers of DB know that the collapse of paper currencies (US Dollar included) is part of the plan by the Power Elite in their push for eventually a One World Order & One World Currency. To get to their objective, financial chaos will intervene. Another important question: How much longer will the Power Elite permit the average world citizen to own gold?

As the USA heads towards a catastrophic financial meltdown, more & more top financial advisors are issuing warnings: do not trust having money in FDIC insured banks, do not trust putting gold in bank safety deposit boxes, do not trust the Federal Government to let you keep all of what you have in your private retirement accounts, do not trust State & Federal pension plans to remain solvent, do not trust State & Federal prisons to keep prisoners locked up or hire enough police to keep law & order, etc, etc. These are no longer unthinkable possibilities.

One last thing: do not discount the possibility of a misguided UN (& USA) trying to enforce on Israel a "final solution" to the "Palestinian question" by recognizing a new "Palestinian State" along the lines of the pre-1967 Israeli borders, which would include forcefully taking control of Jerusalem away from Israel. If the Power Elite want that to happen with all the nations of the world arrayed against Israel & Jerusalem, all I can say is check out what the prophet Zechariah has to say in Chapter 12. I recently visited Israel & spoke to several Israeli tour guides & they all said the same thing: Israel would fight against it!

How many articles have been published with the word "could" in the head-line. It's always a good word to include as it hedges ones bets.

I "could" be the Pope.

I "could" be Napoleon

Anyway the nurse is coming so I must go.

Reply from The Daily Bell

Ha, you have insights into the market we don't. Perhaps you should start a newsletter?

They were blaming it on a "right wing extremist" all over the radio last night.

Re Article on Gold: We ever more frequently hear the expression "kicking the can further down the street" meaning essentially that politicians are reluctant to take even the most preliminary steps to deal with the mountains of debt accumulated over the decades. I suggest this "can" is made up of solid indestructible gold that gathers layers like a snow ball lurching downhill toward a black hole of debt! As this can emerges at the other side of the universe it will form its own galaxy of glittering gold planets.

Should someone miss the metaphor here I strongly suggest they simply spend whatever fiat money remains and enjoy it while you can (pun intended) before it's kicked again.

I am sorry, I forgot to mention the date of the murder. The link I was making is that more is going on than we the general public can know, like the DB says without the Internet we would never know. Maybe the events in Norway are another 'inside job'. Everything we are told by the mainstream media is doubtful, half truths, or re-framed nonsense.

DB: "This seeming boldness would represent a considerable escalation of in the fight to impose a "new world order." It is at once astonishing and informative. Those who seek to impose this sort of solution on billions of people are not going to be able to do so using violence."

Agreed. Another snippet:

"DHS Video Characterizes White Americans as Most Likely Terrorists" (July 21)

Click to view link


Here's a question: Does anyone remember a case where a "crazed gunman" shot a number of people and left (or was arrested at) the crime scene ALIVE?

Anna Lindh died on September 11, 2003.
Click to view link

I'm not sure that I understand the connection with the current events, at least not in a direct way...

Reply from The Daily Bell

The point has to do with "message sending," if indeed one is being sent ... though as you point out her death is not a current event.

"white al-Qaeda." (White al-Qaeda would include those who believe Western powers-that-be are attempting to push the West toward a new world order using various kinds of false-flag violence.)

A rapidly growing percentage of the population, I would guess, simply based upon people's ability to add 2 + 2 and get 4, instead of the officially announced "5" or some other number which may suit the bankers, their government, the media, or the CFR, at any particular moment.

DB: "OK, your point is, perhaps, that (in addition to al Qaeda,) the violence is to be blamed on those who believe that the elite is foisting a "new world order" on the West"

That would be ONE point, yes. However, what a possible message (the "real one"?) to the ruling norwegian "Workers Party" and their coalition partner, the "Socialist Left Party" might be, is another question.

At this moment, naturally, I'm only guessing ...

'I disagree with those who say that the Palestinian initiative of the UN is an obstacle to negotiations', said Foreign Minister Jonas Gahr Støre, after a meeting with Palestinian President Mahmoud Abbas.

The Foreign Minister and the Palestinian president were in talks yesterday aimed at strengthening ties between Norway and Palestine.

President Abbas is keen to see the Palestinian state formally established in accordance with the 1967 borders prior to the Six Day War, where Israel captured large areas of territory following attacks by Egypt, Jordan, and Syria.
'The fundamental Norwegian view is that a people have the right to use UN institutions to clarify questions about the legitimacy of their status in the world. We are opposed to denying this to the Palestinians', FM Støre told NRK. Yesterday's developments included him supporting the Palestinians' right to self-determination without formally endorsing any possible UN resolution.

The Palestinian President was feeling confident after the meeting, describing Norway and Palestine as 'standing shoulder-to-shoulder' with each other.

'Norway is going to say yes when they receive the text,' he said to reporters. 'I hoped that Norway, when the peace process began, would recognize the Palestinian state based on the 1967 borders and that Norway will support our efforts to be acknowledged.'

Some Norwegian politicians greeted the news with open arms.

'I believe that there is only one answer with the strong Palestinian commitment in the Labour Party and the Coalition Parties,. Norway must support recognition and back the proposal', said Eskil Pedersen of the Left-Wing Workers' Youth Federation.

Yet the Christian Democratic Party opposed moves to formally recognise Palestine, saying it would 'weaken' Norway's position as an impartial negotiator between Israel and Palestine.

'It's becoming increasingly clear that the Coalition government chooses side when it comes to Israel and the Palestinians. By doing so, Norway weakens its ability to play a constructive role in contributing to a negotiated solution between the parties', said Dagfinn Høybråten, the Christian Democratic Party's (KrF) foreign policy spokesperson.

Formal recognition of a Palestinian state is likely to face stiff opposition from other countries, however. Analysts believe that there is a slim chance of any UN resolution being passed without negotiations with Israel taking place first.

The newspaper European Voice also reports that a number of EU countries, including Germany, the Czech Republic, Italy, Romania and the Netherlands, are likely to oppose the resolution"

http://theforeigner.no/pages/news/stre-cautiously-endorses-palestinian-un-recognition-bid/

Reply from The Daily Bell

A feedbacker, below, was kind enough to forward the following: "Swedish Foreign Minister Anna Lindh has died in hospital one day after being stabbed several times by an unidentified man in the centre of Stockholm. Lindh was attacked in a department store as she was shopping in the centre of the city on Wednesday. " (He explains to us that Anna Lindh was very critical of Israel, "yet none of that is mentioned, unsurprisingly.")

This seeming boldness would represent a considerable escalation of in the fight to impose a "new world order." It is at once astonishing and informative. Those who seek to impose this sort of solution on billions of people are not going to be able to do so using violence.

Assuming it is what is being implied, it would seem to be an admission of weakness, even desperation. The difference between this century and the last is the Internet. There are plenty of people who will stand up to this sort of manipulation because they UNDERSTAND. This is why such tactics, once effective, will likely not work now. Once it understands, the hive mind reacts. That is the tragedy of operating with an outdated playbook.

Click to view link

"Swedish Foreign Minister Anna Lindh has died in hospital one day after being stabbed several times by an unidentified man in the centre of Stockholm.

Lindh was attacked in a department store as she was shopping in the centre of the city on Wednesday. " The above was very suspicious as Anna Lindh was very critical of Israel, yet none of that is mentioned, unsurprisingly.

We as the general public are totally reliant on the officials for the story behind these terror events, but having a suspicious or sceptical mind I can only conclude that anyone could be behind the events we have no way of really knowing.

The contention that the CIA, Mossad, MI6 might be behind the events, cannot be proven, we can only speculate and bring some supporting evidence. It is tricky to assume there are all these large numbers of people involved in these events and that they all conform to their code of secrecy though.