GOLD 0.51% $1,391.7 gold futures

...and...meanwhile gold climbs to US$1,222 per oz.Here is an...

  1. 302 Posts.
    ...and...meanwhile gold climbs to US$1,222 per oz.

    Here is an interesting article, entitled "Gold Confiscation in Australia" - by, Bron Suchecki, from the Perth Mint.

    Look out if the Super Resources Tax extends its tentacles into gold confiscation, similar to that project in the US by Rooseveldt [1930s].

    Where to from here?

    Will we see another top at this level, before the "take-down team" arrive and crush the gold pundits....again?

    Will China keep us afloat?
    This article by Clif Droke describes some interesting signals, raising the spectre of economic problems there too;

    http://www.24hgold.com/english/news-gold-silver-will-china-s-bubble-implode-and-bring-the-u-s-down-with-it-.aspx?contributor=Clif+Droke&article=2873742118G10020

    We have seen what an an asset bubble-burst looks like in the West - but - what would it look like in China?

    What happens if 1 billion people stampede into physical gold and silver?

    good luck to all holders
 
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