GOLD 0.51% $1,391.7 gold futures

voice of russia..switzerland to hold gold refe, page-6

  1. 83,975 Posts.
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    hi all,

    many times things do take a long time to happen - but, like a chemical reaction - a catalyst can speed things up --- 'dramatically'.

    One default, one scandal could set this bonfire going like a raging forest fire.

    There is not a lot of private investment in gold - and if a few bubbles burst or people get the frights about where they are hiding their money now ----------- gold could get a wall of money flowing at it - and if that does happen, all hell will break loose.

    Would that spur on large holders to repatriate their gold?

    Certainly possible - but moreso, not necessarily the reason by itself - probably what catalysed it in the first place and the coincident goings on at the time.

    Don't underestimate the times we are in -- basically we are all sitting on powerkegs - and if just one of them blows up, we might well all go sky high.

    And please don't think we will probably be high and dry in Oz - if a big enough earthquake happens in the US or Europe - and god help us if it is both ------ then Oz will be hit with a tidal wave that will get most of us very very wet.

    have a great day

    Pinto
 
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