GOLD 0.51% $1,391.7 gold futures

Gold, page-3413

  1. 3,762 Posts.
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    AJ

    In regards to your comments:

    If a person has a large mining company well established from before the mining boom then he is more leveraged than everyone on the gold forum x 1000. Additionally he would be in a situation where if he doesn't sell he hasn't lost money and if he does sell he makes a substantial profit.

    "Andy is giving the impression that if he didn't sell he hasn't lost money. This is coming from a guy who is allergic to risk thus missing one of the biggest boom stimulated by Chinese demand who is supposedly leveraged to the resource industry in his private business dealing."

    You didn't really answer this question before moving into conspiracy talk. There has been mass selling through ETF's by western investors - if this gold is not going east where is it going and have you checked Chinese import statistics to determine whether demand in this country is increasing?


    "If all experts are pointing to gold moving West to East but is not reflected in the POG for the last 4 years then don't you think something is wrong with this analysis?"
 
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