Gold price, page-6018

It’s impossible to predict which way the POG will react these days with every ball that
hits the pitch having unreadable spin on it.
I try to figure what this Chinese SDR gold declaration will be tomorrow or Friday and
what effect it will have on our market place but we have never been here before
and nobody on the planet really knows what will happen.
Guess I just have to hold tight from here and assume I have positioned myself
in the best location to have the POG come charging out and the market run
straight into me.

I firmly believe this is Chinas big chance to wrest financial control from the FED
cause when will they have a better opportunity.....wait till its all in a big smoking
heap and then step in with a gold backed currency?

One thing I reckon for sure......if a group of us stick together posting stuff as we see
it happening, we have got to be a long way more informed than the average Joe
reading the Wall St Journal to make his decisions.

I wish it didn't have to be so political but the POG is their main weapon.
Good luck in the coming weeks guys.