gold to go to 500, page-2

  1. 679 Posts.
    gregy,

    You will be proven right in the not too distant future.

    See http://www.bloomberg.com/news/economy/economies.html#

    Japan a net seller of $5.1 billion in US Treasuries in October(up from $1.9 billion in September).

    Japan still holds $715.2 billion in US Treasuries and will increasingly continue to be a net seller as the USD falls to levels commensurate with it's real value.

    China also has reduced it's buying of US Treasuries and gold should test US$500/oz within months
 
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