GOLD 0.51% $1,391.7 gold futures

2012 should be brilliant for gold ...., page-6

  1. cya
    3,836 Posts.
    Thats the very core of the nonsense "No matter what happens to the Euro, its collapse threatens a collapse of the worlds banking system therefore it will not be allowed to collapse"

    This belief that the central banks cannot fail to cause inflation, that they can extend the business cycle forever, that all they need to do is print dollars.

    Bernanke has said this for years. I have read everyone of his 9 monetary policy papers from his Princeton days and he claims the same thing in nearly every one of these papers.

    HE IS WRONG!!!!! Im sick and tired of (some)gold investors chanting Bernankes claims as if they are absolute truths. Its as if Bernanke has everyone in this ludicrous trance .

    When the debt bubble gets to this stage it is now it doesnt matter how much the central banks print it wont reverse the process. Right at the core of this nonsense is this idea that Bernanke has a printing press that can print infinite dollars, it was a concept he invented and it is a FALSE concept.

 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.