Msg. 40904 of 45651 (This msg. is a reply to
40902 by
killthecat)
Jump:
Agreed KTC. They did some fine investing in Gold,,,,,,Creating markets in advance is a nice edge for that stellar thinking and investing. LOL And like you say printing goes on... The QE series has never stopped..............
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
After selling hundreds of tons of gold for years at $800/ounce, central banks reversed course in 2010 and 2011, and bought it back for $1800/ounce. Insiders of course made a killing knowing what the banks were going to do. Now in 2012, gold pimps are still pumping the pump for more central bank buying.
Not sure that's gonna happen. Look out below if they stop buying. Of course, the banks are still printing up money by the boatload, which augers well for gold prices. It is a conundrum. I so wish they'd tell me what they're going to do.
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