GOLD 0.51% $1,391.7 gold futures

from ainsley bullion company today - re china, page-38

  1. 17,482 Posts.
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    TETLOM

    I agree with you about Aussie miners being way oversold, and very good value at the moment. There is a lot of capital moving into the Ausie gold juniors at the moment.

    Many times through history many Governments have intervened to manipulate the POG and for a while they are successful but in the end it bankrupts them all as the real market takes over and GOLD reasserts itself. The pure arrogance of some Governments is what starts their downfall, they typically believe they can force the POG down around the world and control it with price suppression, but the suppression costs them more and more and eventually the Physical gold reasserts itself.

    It will happen again but the difference now is the people have the internet and the flow of information is huge around the world we get reports now from Chinese grandmothers, CHINESE,U.S.,Aust,European etc etc and the people are now much better informed.

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