I appreciate the tecnical and fundamental viewpoints here and many other forums.I like to read Jim Willie,James Turk,
Bob Chapman,Jim Sinclair etc....However the real truth of the precious metals price "adjustments" is governed by
the cowards who have the inside running of the exhcanges and
have unlimited,government sanctioning Via $US readily printed( & Unaccountable to anyone).So my point is where they have control it is a non contest(refer G.A.T.A.).I can see at least one avenue where they are subject to real opposition & minimal control.
The Treasury/Fed combo would have real difficulty in persuading a China/Russia (some others) abandoning the $US.
Question is how could those of us that believe that prices are "stabilized" (for the nations benefit),encourage their
wholesale rejection of the reserve currency.For me I'd love to see the sweat running down their faces if a run was on
and be wondering what's left in the bag of tricks.
Apparently the majority of US population have taken the
fairy tale but I'm hoping for the true gold believers to
make a move and take the lead in world currencies.
Maybe after 08/08/08?.
If last night effort by the PPT was their best then I have
real belief in the near future.
Just venting some steam.
Profits to all.BMD.
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