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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (27680)1/14/2008 11:56:29 AM
From: oldirtybastard  Read Replies (1) of 217580
 
Hopefully most of it never comes out of the ground, cheaper to keep it there than build a vault, and better for us.

I just learned that private gold ownership in India (jewelry included) exceeds that of the US and IMF gold reserves combined and they add the same amount yearly as China holds total in its reserves(not in-ground)...something seems not right? If this is so the force will be strong to balance the buckets. Might have to adjust price targets upward -g-
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