GOLD 0.51% $1,391.7 gold futures

why isnt gold 1000 plus, page-39

  1. 804 Posts.
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    I'm a goldbug with a substantial bullion and mining position but mostly I am hiding in cash.
    The way I see it is that it would be wise to hedge your bets when it comes to a "gold will rally as fiat fizzles position".
    Does anyone else here share my concern that collusion amongst central banks will see a new currency? And maybe co-ordinated nationalisation of banks worldwide? Sounds scary but China jumped into the game with the recent co-ordinated interest rate drop and to some extent banks are already nationalised as they buy up bank debt.
    I am not a banker/trader/financier or whatever but a reasonably informed retiree so hopefully the question is not as naive as it is scary!
 
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