81 Comments
Sep 29, 2023Liked by Quoth the Raven

Costco special: An ounce of gold, a hot dog, and a drink for $2000.

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Might have to join costco, I think the Swami might be a good running mate for Trump but his China ties make me worry.

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Sep 29, 2023Liked by Quoth the Raven

Chris, you keep hammering that Fed and calling it for what it is. It is an institution that has enslaved the world to a dollar denomination of debt and enriched a handful of people into a grotesque group that no longer has any connection to reality.........and will take us all with them down the road of destruction if they can.

When this shit finally does blow sky high, and it will,.......sooner rather than later at this point,.......we want to be sure that it is clear what side of this insanity we were on.

Remember how "The Bride" woke up from her comma and realized what had gone on while she was under? I got a feeling that kind of wake up and reaction to the current shenanigans is coming.

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Enjoy your articles. Thanks for the refresher on the joys of reading, again. JL, the Republic of Texas.

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Sep 29, 2023Liked by Quoth the Raven

Just checked Costco Website and there is a limit of 2 per membership. Bummer. So they are not really serious about this, it is just a very smart marketing gimmick. Got me to go to their website though. haha.

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That means that 4.9 out of 5 Democrat senators were successfully bribable.

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Sep 29, 2023Liked by Quoth the Raven

Angelheaded hipsters burning for the ancient heavenly connection to the starry dynamo in the machinery of night

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First reaction when we saw the Costco gold bar story was to chuckle at the Fed for creating the precondition that caused it.

Second reaction was worry.

Good post.

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Yeah this is old news to metal stackers.

The reason Costco sells out of gold because it is cheap. Costco pretty much sells it at futures spot price with no markup or premium as it’s called in the bullion industry. That’s approximately a $125.00 discount buying from Costco than a bullion dealer. Also it’s online only, can’t walk in a club and pick up an ounce of gold.

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Not a bad premium

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Gods money 🏆

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Sure appreciate your disclaimer.Most of these people trying to get me to buy their newsletter,write a long bragging story,about how they made their subscribers huge money and called every market turn.

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I believe there are something like 42MM oz of gold avail...... and there are 400MM americans..... so.... yeah... once the hypothecated price of leveraged paper becomes clear and people actually understand the term “Unallocated”....... well say 500 oz exist on paper for ever actual oz..... when people realize paper gold has no value..... then we could be looking at 200 -400 times the current price..... lets say it only bumps 100-1....... that 2,000,000 per oz..... this is going to be a spectacular shit show.......

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Oct 5, 2023·edited Oct 5, 2023

Something about 'bag-holders' come to mind, when this went down gold was close to $2k USD, now its at $1850

Even Jim Rogers say's it will re-trace $1600 before going north of $2k again, that's when he advises people buy, if they didn't buy back at $400 USD a few years ago

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The Bank of Korea explains that since the price of gold has been coupled to a significant degree with the investment performance of U.S. government bonds since 2018, there is no clear basis for purchasing gold. I used to be your subscriber, but I don't subscribe anymore because you don't admit your wrong claims.

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Mr. QTR,

Since you have been focused on the Fed for 15 years, I assume you also have a serious desire for an honest money system. If so, I strongly recommend that you read the writings of E.C. Riegel.

Not the easiest author to find on the web but well worth the effort.

Gold is not money.

Gold is a physical commodity,

Money, like mathmatics, is a concept.

Money is the mathmatics of exchange.

Without understanding the Money Concept, humanity will continue to be distracted by primitive ideas and deceived by charlatans.

http://www.newapproachtofreedom.info/documents/pem.pdf

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