gold, page-81439

Yeah - once moral hazard went out the door in 2008 we were all screwed.
Allowed large us banks to continue with swaps/leverage and now we have unlimited back stop to the same banks to do unlimited buying of everything - well everything except competing currencies/PMs.

Gold will go higher. Even with the big banks wanting it lower.
They must be sweating by now on covering all those ETFs. 1 week to go and we get to see the AUG delivery notices - I think from next week, Gold and silver will get a leg up on the data.