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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (39907)	9/15/2008 8:08:13 AM
From: Condor	Respond to of 217942

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