GOLD 0.51% $1,391.7 gold futures

re: tonights numbers, page-6

  1. 3,107 Posts.
    lightbulb Created with Sketch. 1
    re: tonights numbers ouzo12....you posted that

    "*US-Bernanke and Geithner speak tonight.",

    have you factored this into your numbers (i.e we know what usually happens in this circumstance...will we see another kamikaze fly into the PM market)....

    my research is clearly suggesting that with the US clearly reneging of the protection contract they had with Egypt (i.e. supply us with cheap oil in $US and we will make sure you are OK), the rest of the dictators in the region are going to start looking for more 'reliable' protectors and in doing so may start selling their oil in other currencies.....this does not bode well for $US (or it's tenuous grip on the Middle East), expect 20% drop in next 3-6 months with commensurate rise in POG and POS....

    It's only with 'end of empire' arrogant figures like Bernanke and Geithner that such catastophic events unfold...

    whatever you do don't sell any of your physical just yet.....I note that even on EBay there is a 50% premium already for the real thing.



 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.