I am interested in the post that gold is at lowest demand in 4 years and the price may fall to $1450. I would love that to be a bottom. I still see gold miners with feasibilities based on gold prices of 1000, 1050, 1100. Those gold miners look really good when they are profitable at 1000, but the gold price is 'only' 1500.
trtkjd1, thanks for addressing the question. Maybe I am on the same road as you... if someone can 'make up' paper gold, then say, 'wow, look at how much gold there is' - forcing the price down, what is the real price.
Doubly sad is the fact the if the banks doing the manipulation get 'busted' they will just get bailed out anyway!
Finally, being devils advocate to myself. Why dont the banks simply go long, stop manipulating and make a motza. I think the answer must be the banks and governments are co-leeches. So the govts want the price low. So the banks comply to what the co-masters demand.
Maybe it is just make believe. I just would like to know that my gold shares will mine stuff that has a 'true' worth - not a manipulated worth.
My biggest hope will be to watch the manipulators all get what they have coming to them. Mind you, a world with no governments and no banks may be a strange world. Will my expensive gold keep me warm or fill my belly?
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