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0.51% $1,391.7 gold futures

gold heads into orbit, qe3 incoming, page-116

  1. Dis
    3,746 Posts.
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    10/08/11
    18:21
    Post #: 8804633
    Better than the $US.

    Selling to the greater fool there involves buying at a high price in order to sell it to someone else at a LOWER price who wants to sell it to someone else at a LOWER price. At some point someone gets stuck with it.

    So at what point to central banks scratch their heads and say "um...hang on a minute..."

    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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