GOLD 0.51% $1,391.7 gold futures

gold reaches new record high !, page-4

  1. 8,231 Posts.
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    guys you gotta understand that governments around the globe are debasing their currencys ( Quantitive easing), you got the aussie $ going up because we arnt printing yet, only going into debt, while jacking interest rates up, both the currency & interest rates are hurting any business that is still running here !!
    you have "hot" money flooding into the country as these guys overseas are borrowing money at near zero interest & using it to buy up real assets that are worth something with there worthless debased currencies.
    i smell a trade war/protectionism coming down the track as countries try to stop this rape of there real assets ?
    i mean i ask you unitising & selling off the acropoulis in greece !!!
    individuals are waking up ? as the governments pick peoples pockets with currency debasement(its theft/robery).
    if you want to keep hold of what you have got, you have to have somthing physical gold/silver/diamonds anything but cash !!!
    gold prospecting juniors may hold there own but it is the producers that you need to go for not promisses its goig to be a tough environment for all good luck

 
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