GOLD 0.51% $1,391.7 gold futures

open your eyes

  1. 830 Posts.
    wind your necks in until your top of your head is just showing. Then pull your nead out of your body, as your eye are re-adjusting give your self a huge slap!

    Your all looking at the wood rather than the trees.

    People buy GOLD, companies buy GOLD, banks buy GOLD, multinational organisations buy GOLD, governments buy GOLD.

    People sell GOLD, companies sell GOLD, banks sell GOLD, multinationa organisations sell GOLD, governments sell GOLD.

    At the moment there is no cash about in the world, hence the "credit crisis", if your government, company or bank had a credit crisis but had reserves of GOLD you would sell it to get cash.....ie America.

    If you have lost of cash, where would you be puting your money.......yes you have guessed it, GOLD, GOLD and more GOLD.

    If you needed to sell GOLD would you sell it in one massive lot....er no. You would be selling it in smaller amounts to raise cash, to pay off debits.

    For every seller there is a buyer, even if it's paper GOLD.

    Gold is only 15% down on it's high with this selling, and the gold sales must be running out.

    But did you really think gold was going up every day.

    Gold hasn't even started on it accent to the sun golds in the sky. Just hold on.

    carlisle
 
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