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Gold/Mining/Energy : Canadian Warrants Only

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To: kidl who wrote (14611)	8/27/2010 11:51:15 AM
From: koan	of 23093

Gold had a ceiling of $1225 and blew right through it (world accumulating gold in flight to quality). I think silver is on its own trip though and definately leading this move. The gold, IMO,is just a matter of its new identity joining the dollar in the flight to quality. For the previous many years there was a 92% inverse correlation between gold and the dollar). Silver may be joining that flight, or it could be some serious accumulation as the actual physical imbalance i.e. naked calls and puts and paper versus physical is way out of whack. Someone might be taking advantage of the artificially low price of silver, which PRODUCERS (industrial silver consumers), it has been rumored, have been working with big hedge funds,to keep low. Goldman Sachs probably. Could be China: Good place to put some of their two trillion in dollars (they don't want and are getting out of and into other currencies)) that Bush borrowed from them to fight those dumb ass wars and fund his trillion dollar tax cuts to the very rich (top 2%). Bush put us in a vulnerable postion. But the American public was sound aslseep! We was robbed I tell you-lol. Maybe some of us can make a buck on this contrived situation though.

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