mf tempted at current price, page-44

Still everyone goes on about strong job growth killing gold prices.
Do people still not realise the rebound in gold prices is BECAUSE of reduction in QE NOT inspite of it.
The absolute hammering of gold continued relentlessly even as they cranked out QE infinity, it wasn't until people realised it would end that gold rebounded.
The thing about all this free money being fed to the big banks is that it makes it easy for them to short gold with absolute impunity, now the tap is being turned off slowly they have to learn how to make money in the REAL economy again.
Inflation doesn't become an issue until banks start lending LOTS, does inflation leading to interest rate rises kill gold prices?
History says inflation CAUSES higher gold prices.

SLR have some serious making up to do to get back on the buy list for people after the last few years, gonna have to be patient I think, should never have bought into a goldie after telling myself I never would :(

Good lesson in not buying I don't understand I suppose, gold has no real use after all.