GOLD 0.51% $1,391.7 gold futures

finally ready to blast higher, page-92

  1. 804 Posts.
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    just a thought on money printing

    the Fed has to sell that money that it prints and no-one is buying US debt at the moment

    the only way out that I can see for the US to sell its debt is to frighten investors bigtime into US paper (thats the Fed's charter in case you missed it)

    so the gameplan could be to frighten investors out of stocks and to frighten investors out of gold into the "safehaven" of US bonds

    it has worked before and the chances are that it looks like it may work this time -with a strengthening USD as something of a storm signal

    get the US sorted so that it doesn't collapse has to be Obamas priority - then sort out the debt (as in con the population with 'flation games)

    leaves plenty of time for the gold bull

    I reckon us goldbug tragics should at least be thinking about the possibility of doing something like the Fed.

    That is make sure you don't collapse financially and then sort out how to make money when the dust settles
 
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