Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

STOCKTALK

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.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike M2 who wrote (43090)	4/24/2013 9:45:38 AM
From: Follies	1 Recommendation Read Replies (1) of 48092

Look at what happened to the ENTIRE market yesterday when a fake tweet came out. Market down 150 PST in minutes or seconds and back up 150 when it was discovered it was a fake. That shows these markets are completely driven by algorithmic trading, all markets including gold. There is no conspiracy regarding the decline in gold, it's just computer programs doing what they do to maximize profit. It completely disconnected from the physical, it's just a numbers game. Well almost completely disconnected. It will return to the norm, the norm being the cost of mining plus some profit-risk factor. But that often takes months or years. Completely disconnection can happen after a few more MF globals, Cypruses, and martial law declaring gold illegal to hold. Then my Bitcoins will come in handy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next