an interesting turn of events tonight, page-9

  1. 601 Posts.
    Not long to go until it bombs below 1500.

    I must say the world is a strange place. With record money printing, huge recessions in Europe, massive unemployment and welfare in the United States and out of control government debt in nearly every country in the world gold is getting smashed and government bonds are doing great.

    Manipulation? Possible as we all know about Libor etc etc.

    Of course markets can behave irrationally and have done so many times in the past. I am sticking with gold but I must say this price action is confusing and baffling to me.

    No matter what KS, Skol and others say they have never demonstrated any tangible and logical sense that economies and finances of countries are improving.

    I guess this is the period that will test the gold community.

    Twinsen

 
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