SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carranza2 who wrote (39907)9/15/2008 8:08:13 AM
From: Condor   of 217975
 
If, as we are led to believe, that gold represents a very small percentage of global wealth it occurs to me that it would be a relatively easily manageable commodity by global interests (particularly CB's).

Given the violent turmoil we are experiencing these days and the consequences of total dislocation of global financial situations one can reasonably conclude that gold must be managed at this time since capitulation to "gold as money" and massive flight to that currency will violently escalate undermining of fiat currency.

A gold rampage (should it occur now) would probably be a concrete signal that all is lost. Some exposure to gold now is IMO absolutely essential.

FWIW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News