Posts by Anthony Evans78

Only physical gold counts as a Tier 1 asset.

A lot of people missed this one too
http://seekingalpha.com/article/1060...her-here-s-why

vividgull10 said:If you haven't realized summer doesn't last all year, you're kidding yourself.😬

Yeah, yeah, you don't get it... that's why you're reading zerohedge 😍

🤦
Just like always, not a single real argument or smart thought in sight.
Actually, let me rephrase: there isn't even a single thought here.

vividgull10 said:Honestly, you sound like some guy in October telling people to pack their swimsuits because "obviously" next summer is going to be a heatwave.😬

And if someone actually dies from pneumonia, who cares? I'm sure Anthony Evans78 will step in to explain that even though they're dead, their life still holds plenty of value. 🙂It's like watching a bad episode of Seinfeld, seriously.😍

ps.
Are you shorting silver today or what? 😍

Wrong metaphor, buddy.
Just to set the record straight: I’m one of those people who tells everyone to buy their winter gear in the middle of summer, simply because that's when you can actually find a deal. Why pay full price when you don't have to? 😉
Shortam? You think I should just shave a little off the Wiener or the Eagle? Cut the lever in half? I don't get it. 🙂

analogharbor44, still don't get that the market hasn't actually functioned for years? You basically just described manipulation yourself. 😁

Do you think placidlynx43 will actually take this seriously? 🙂

vividgull10 said:Regarding the bold part: yeah, like I said—we're just waiting to see what actually happens in reality (instead of clinging to religious mantras—whether they're Fedov or yours).

As for the rest: ☕

It seems like you're struggling to think past whatever narrative is being spoon-fed to you.
I bet you were one of those people back in 2005 who thought the housing bubble would never burst.
Or maybe in 2003, you thought mutual funds would just climb forever.
Perhaps you even think spring will never come again. Why? Is the winter and ice around us so intense that you think this is all there is?

vividgull10 said:Anthony Evans78, is that you? 🙂
God, it feels like everyone here thinks they're some kind of damn guru, truth-teller, or mind reader. 😍

So, what you're saying is that just because Operation Twist is wrapping up (which is basically neutral for the balance sheet) and they've announced what we might call QE4, that everything automatically starts trending up or down?
That's how I'm reading your take. Correct me if I'm wrong.

From where I'm sitting, all we have is talk—just an announcement. We saw after Quantitative Easing 3 that an announcement can mean absolutely nothing. I'm not saying nothing will happen, I'm just saying I'm waiting for actual moves to be made.

Your colleague put it pretty clearly, but your issue is just refusing to admit when you're wrong or acting like a troll.
Sometimes both sides 🙂
Besides, if you actually trust the Federal Reserve and their press releases, you're already lost. It doesn't matter what they say; it matters what they do.
I've been saying for years that the Federal Reserve has no choice but to print money. You can call it Quantitative Easing, TARP, Operation Twist... whatever... it's all just printing cash. Honestly, it hasn't even fully hit the economy yet—they're still busy propping up zombie banks—but once they turn off the tap, everyone holding paper assets is going to feel it. 🙂
Anyway, back to Operation Twist. It's over. And you know why? Because there aren't enough short-term US Treasuries left to swap for the long-term ones.
A year ago, it was "discovered" that during the first round of Quantitative Easing—which was officially $800 billion—they quietly dumped an extra $15 trillion on the side to bail out certain banks and firms, not just in the US, but globally.
And all this time, the "market" has been reacting to Federal Reserve statements like it's supply and demand or some other nonsense...
Believing official Federal Reserve and US government data is a joke. Who actually believes inflation is at 2%, unemployment is at 7.7%, and the US economy is recovering?
Bottom line: they'll print until they die.

Unless they managed to save a handful... at that point, we’re just talking about a full-blown numismatic mania 🙂

That’s exactly my point: unless you need the cash for some sudden emergency, don't trade your gold for paper.
Turn that paper back into gold 🙂

It really just boils down to one question: do you actually need that gold for anything right now?
If not, why not just let it sit? In a few years, you’ll likely have much more purchasing power than you do today—and even in a worst-case scenario, you aren't losing ground on what it can actually buy.
If my husband is betting on a massive crash, I’m worried he’s dead wrong and is headed for a nasty burn.

Hold on and buy more 🙂

Basically, my husband is wrong, just like every other husband out there. 🙂
Ask him what his actual reasoning is, besides some brainless Goldman Sachs article reposted by some random blogger on Yahoo News.
Why would you sell? Are you broke? Dealing with a medical emergency? Some other crisis?
If none of those apply, let the gold collect dust because we aren't even close to seeing the peak price.
Wait until the lady at the local farmer's market starts talking about daily fluctuations in gold prices; that's when you use that gold to buy some land from her. 🙂

🤦

analogharbor44 said:I'm dying to see what you'll say tomorrow once Ben announces more money printing and gold prices just skyrocket vertically!! Free market finally works🤣

That’s just how the market reacts to printing money.
Sure, it doesn't seem "normal" to you, but isn't it perfectly normal for a year's worth of mined gold to be sold off in five minutes?

Look, man, for some people, it’ll never be seen as manipulation 🙂
Goldman Sachs is the ultimate contrarian indicator.
Maybe they were just ordered to hoard as much physical gold as possible and now they're flipping the script to cover their tracks 🙂

analogharbor44 said:NOPE. I was just waiting for you to take the bait. The fact is, there's gold in that vault belonging to more than just the UK, but people keep insisting it's all been sold off. Just wait until they get into the FED vault and find all that American gold sitting right there. Then you'll really look foolish.

And all that talk about not being allowed into the other rooms? Total conspiracy theory nonsense. Man, you are hilarious. 🙂

Do you honestly think we were expecting to see nothing but empty walls covered in cobwebs?
Are you suggesting that out of those supposed ten thousand tons of gold at the Bank of England, not a single bar remains?
Ever heard of a metaphor?
There isn't even a thousand tons in the room where this was filmed, so maybe ask yourself why they wouldn't let them into the other rooms when there's no real reason to stop them.
If those few thousand tons actually existed in New York (assuming you mean the NY branch under the Federal Reserve, since the rest should be in Fort Knox), then the last audit wouldn't have been back in 1959. They would have let someone in with a camera sometime in the last decade. Or they would have allowed high-ranking officials from the Federal Reserve in two months ago to verify their gold was there. Or they would have handed the gold to Chavez immediately instead of dragging it out for nearly two years.
If these are just "conspiracy theories," then why is every country lately asking for their gold back (Germany, Netherlands, etc.) and actually getting it without any issues?
Go ahead, try to find the conspiracy in that.

If you’d actually watched the full video, you would’ve heard a pretty charming professor explaining how England holds 300 tons of gold, yet the Federal Reserve basically acts as a "custodian" for dozens of other nations.
As usual, you ended up looking foolish, though I wouldn't let that stop you from making such rushed claims next time. 🙂
Then again, if you caught those remarks, maybe you were just hoping nobody else would notice.
Unfortunately for you, you look ridiculous once again. 🙂
therefore, let's recap: that gold isn't just English; it belongs to dozens of different countries.
It's interesting—they let him into that specific room, but not the others where the rest of the gold is supposedly kept. Makes you wonder why, doesn't it? 🙂

A final analysis for the paper traders 😉
You're spot on about the miners. They've been in the crosshairs for years now. I don't want to sound like some conspiracy theorist, but the most logical play here is that they're just trying to squeeze them into bankruptcy—especially the junior miners.
Why bother? No miners means no precious metals. In this twisted banking world, that would put fiat back on top. But those guys are so far gone they can't even see they're sawing off the branch they're sitting on.
Even though I walked away from the paper nonsense a long time ago, I still think there's plenty of potential in the juniors. A couple of years back, I pulled some profit out of Tinka (http://investing.businessweek.com/re...p?ticker=TK:CN), and if I ever decided to touch miners again, those are the ones I'd watch.

More trolling, I see. 🙂
If anyone’s actually fed up with this, it certainly isn't you, is it? 🙂
Besides, looking back at your history, I'm not seeing much substance in anything you've posted here.
Anyway, back to the point.
It used to be that these short squeezes would drag on for weeks.
Or at least a few days.
Now, they're over in an hour, like they never even happened.

vividgull10 said:I mean, come on. You're shorting silver... acting like a silver shorter... shorting the paper version... then you get pissed when someone shorts the actual silver. 😍

Either you’ve got me confused with someone else, you're lying, or you've lost it.