04 Dec 08
No ideas? I'm talking about the COMEX in New York.
Supposedly, COMEX has issued too many IOU's to foreign investors, more than the COMEX has warehoused. When the December contracts are due, supposedly there will be a massive rush and COMEX won't be able to cover its position.
No one on this one?
04 Dec 08
I think this is all related to the rumours that some of the European and Arab countries have been buying all the physical gold they can get their hands on in order to create a new World Currency that will be backed by Gold.
This new currency is supposedly to be used after the collapse of the US dollar in mid 2009.
04 Dec 08
1 edit
Originally posted by uzlessCome on...where are you conspiracy guru's??
I think this is all related to the rumours that some of the European and Arab countries have been buying all the physical gold they can get their hands on in order to create a new World Currency that will be backed by Gold.
This new currency is supposedly to be used after the collapse of the US dollar in mid 2009.
You can then take what i've posted above about the new world currency backed by gold and explain why that other building collapsed after the 2 trade centre towers collapsed. The rumour is that under that building is where a huge amount of GOLD was stored. The buildings were knocked down to cover the tracks of the largest gold heist in US history. It was stolen by the same people that will be setting up the new world currency. If they are going to set up a currency based on gold, they need as much gold as they can get their hands on.
So come on, this is straight out of a James Bond movie!!
Feast!
04 Dec 08
Originally posted by uzlessSorry, I don't know anything about NYMEX.
Come on...where are you conspiracy guru's??
You can then take what i've posted above about the new world currency backed by gold and explain why that other building collapsed after the 2 trade centre towers collapsed. The rumour is that under that building is where a huge amount of GOLD was stored. The buildings were knocked down to cover the tracks of t ...[text shortened]... get their hands on.
So come on, this is straight out of a James Bond movie!!
Feast!
04 Dec 08
Originally posted by uzlessSounds perfectly reasonable. And to think there's enough gold to back a global currency is also perfectly reasonable.
Come on...where are you conspiracy guru's??
You can then take what i've posted above about the new world currency backed by gold and explain why that other building collapsed after the 2 trade centre towers collapsed. The rumour is that under that building is where a huge amount of GOLD was stored. The buildings were knocked down to cover the tracks of t ...[text shortened]... get their hands on.
So come on, this is straight out of a James Bond movie!!
Feast!
04 Dec 08
1 edit
Originally posted by uzlessGoldfinger meets Oceans Impossible XIV. It would be one hell of a franchise!! Collapsing WTC-7 just because it contained the spy quarters of the very US agencies charged with the responsibility of responding to this very kind of threat seemed like a thin conspiracy if all it was was about getting rid of secret documents that exposed who blew up the twins.
You can then take what i've posted above about the new world currency backed by gold and explain why that other building collapsed after the 2 trade centre towers collapsed. The rumour is that under that building is where a huge amount of GOLD was stored. The buildings were knocked down to cover the tracks of the largest gold heist in US history. It was st ...[text shortened]... n get their hands on.
So come on, this is straight out of a James Bond movie!!
Feast!
Call me cynical, but when you add in a whiff of GOLD to why anyone would want to create such a diversion, and consider the engineered financial collapse of the financial system that mirrors the structural collapse of buildings seen on 9-11, then the notion of a NEW WORLD ORDER finally emerging like a phoenix out of the ashes of this crumbling mess not only seems like a plausible conspiracy theory, it may in fact become a much sought after reality as world leaders and captains of industry realize that unless they have some ground zero event that resets all the financial systems back into the black, this current state of affairs with all its attendant market volatility constitutes just the tip of a very large looming ice-Berg that has the power to yet sink us all.
Swap deckchairs anyone?
05 Dec 08
Originally posted by kmax87Glad to see someone can follow the threads....
Goldfinger meets Oceans Impossible XIV. It would be one hell of a franchise!! Collapsing WTC-7 just because it contained the spy quarters of the very US agencies charged with the responsibility of responding to this very kind of threat seemed like a thin conspiracy if all it was was about getting rid of secret documents that exposed who blew up the twins.
...[text shortened]... a very large looming ice-Berg that has the power to yet sink us all.
Swap deckchairs anyone?
05 Dec 08
My feeling is that we could go round and round with hypothetical scenarios and competing "reality checks," but since we are already in December wouldn't it be better just to wait and see? Then on January 1st, everyone will be convinced that the guy in that clip is just a loon looking for air time.
06 Dec 08
Originally posted by telerionDoes anyone remember what Joe Biden said? Something along the lines that early in Obama's presidency, some foreign entity would do something that would challenge Obama's leadership etc??
My feeling is that we could go round and round with hypothetical scenarios and competing "reality checks," but since we are already in December wouldn't it be better just to wait and see? Then on January 1st, everyone will be convinced that the guy in that clip is just a loon looking for air time.
I think the media took it to mean some kind of terrorist attack...what if instead Biden was talking about an attack on the US dollar?
07 Dec 08
Originally posted by telerionhttp://en.wikipedia.org/wiki/Nymex
Sorry, I don't know anything about NYMEX.
The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange, located in New York City. Its two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX) which were once separate but are now merged. The parent company of the New York Mercantile Exchange, Inc., NYMEX Holdings, Inc. became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. Less than two years later, on August 22, 2008, NYMEX Holdings was formally acquired by CME Group (symbol: CME) and the NMX symbol was de-listed.
The New York Mercantile Exchange handles billions of dollars worth of energy products, metals, and other commodities being bought and sold on the trading floor and the overnight electronic trading computer systems. The prices quoted for transactions on the exchange are the basis for prices that people pay for various commodities throughout the world.
The floor of the NYMEX is regulated by the Commodity Futures Trading Commission, an independent agency of the United States government. Each individual company that trades on the exchange must send their own independent brokers. Therefore, a few employees on the floor of the exchange represent a big corporation and the exchange employees only record the transactions and have nothing to do with the actual trade. The NYMEX is one of the few exchanges in the world to maintain the open outcry system, where traders employ shouting and complex hand gestures on the physical trading floor.
On February 26, 2003, the New York Board of Trade (NYBOT) signed a lease agreement with the NYMEX to move into its World Financial Center headquarters and trading facility after the NYBOT's original headquarters and trading floor was destroyed in the September 11, 2001 terrorist attacks on the World Trade Center.[1]
After the September 11 attacks, the NYMEX built a $12 million trading floor backup facility outside of New York City with 700 trader's boothes, 2,000 telephones, and a backup computer system. This backup is in case of another terrorist attack on Lower Manhattan or a natural disaster.[2]