gold breaks out, page-39

  1. 2,182 Posts.
    how many times have we heard that the unemployment figures are this that or the other to then be reported a month later the figures were incorrect and not as strong as they thought.
    and really skol. you are still flogging that dead horse of a collpase in gold... how low this time?? still thinking $800...$1200....
    in my opinion and in the opinion of many others,including central banks mate, we are not.
    you were wrong before, you are still wrong and you owe me a drink. :-)
    seriously though, how can you still call gold to fall, just becaseu its droped back a tad?? your silence in the last 2 weeks was you being uncertain about your predictions...... and nothing has changed mate, there is too much debt and underemployment in the major economies of the world. there is no provision to pay it off, all they can do is deflate their currency(s) and thereby inflate the cost of everything we need.
    the engine that helped us out last ime in this big brown land was china, now they are slipping and aliding their way to an economic growth level not able to keep up with their population growth. anything below 7% and it will all fall over, so with europe gone to them as a market, the us going as soon as the election/distraction is over, then who do they sell to? and what need will they for coal, iron ore, aluminium, etc etc. the following civil unrest will make tianaman square look like a teantrum, next step. Who knows?? but aith all the cards falling, there is only one safe place to park your wealth. so for teh olve of Go(l)d.... get protection.
 
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