GOLD 0.51% $1,391.7 gold futures

why, page-7

  1. 4,242 Posts.
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    Well so far Gold has reacted to the conspirators, and has risen Bruce.

    Gold has risen from $250 U.S.D an Ounce in 2001, to todays prices. Gold is merely reacting to events on the world stage, it doesn't like what it sees - manipulating central banks and institutions, printing excess dollars at will. Now at a frantic pace as desperation to avoid a potential depression. The real estate, excessive consumer spending War on terror led recession is here and now in the U.S, as when bernake admits to slowdowns, (another word for recession), you may safely take it as the next level down of trouble is near at hand. With the Citibanks UBS of the worlds are blowing up, GOLD is merely reacting, punishing those smarties that caused all this, but they cannot accept the verdict - yes there is conspiracy.

    Australia is guilty as well,actually printed more money than the U.S, up until 1 year ago. Mr Costello sold all our gold in the first years of a lib Covernment, and it claimed fiscal responsibilty, over the years. Our resources boom, and strong Aussie dollar that results from that has masked our woes , we'd be an America as well, if it were not for our resources.

    Still on the resources boom, Aussie are on a spending credit binge and real estate grab, many people are handing the keys back to their institutions now, about 3000 defaults per month in Australia. We are in a resources boom and prosperous time in our nations history, work that one out

    The Goverments of the worlds central banks are desperately trying to stiffle GOLDS rise in keeping a lid on the lying and fraudlent dollars. Mining companies are making this future money,through sheer hard work. they may be lagging the Gold price now, but at some stage, people whom blindly follow fiat currencies will wake up and smell the coffee.
 
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