"the gold panic & what to expect in 2012" , page-58

tazmac,

At the moment I seem to paddling in the right direction and have been for some time.

It's looking particularly grim for silver, down a few % for the year, and I think gold will follow. You can bang on all you like about debt, currencies, the bond market or anything else but gold is still going down which tells me everyone's getting out.

I'd love to interview some of the central bankers that are currently having their fingers burned and ask them what the general population of their respective countries think as they lose billions.

Didn't I tell you guys that central bankers are just as fallible as everyone else during a mania?

I was harangued earlier on in this thread for comparing the DJIA/Gold for 3 months and 6 months and told I must compare YTD, which I've done, and we still have unhappy posters.

I see the XGD is down another 3% today.

Buy some boring old TLS, taz.