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

To: TobagoJack who wrote (91474)	6/13/2012 9:30:18 PM
From: Hawkmoon	2 Recommendations Read Replies (2) \| Respond to of 217571

I still believe something is missing in the "big picture" of why Central Bankers would be purchasing gold. Why would they do this, other than to perpetuate the illusion of commodity inflation? Buying gold, which is priced in USD, is the primary tool they have to prevent the USD from appreciating. Buying other commodities, such as iron, copper, oil.. etc, all also priced in USD, is left to the market speculators who follow the perception that Gold is indicating inflation, not deflation. Given the natural, and almost instinctive, distrust of Central Bankers on this thread, why would anyone choose to emulate their trading activities? When commodity prices sink to levels where natural supply and demand rule, THEN I would look to buy Gold. But in the midst of what appears to be an on rushing tsunami of global deflation (at least in terms of USD), I think it's too early to buy gold in quantity. And, of course, some will say "it's better than leaving their money in a bank since banks will likely fail".. And that's a valid argument, I guess. But holding gold, knowing that it can be confiscated by those governments as a threat to the financial system, seems just as valid a question. In sum, the Central Banks, in seeking to fend off deflation, want to see Gold and Silver stay at current levels. Hawk

To: TobagoJack who wrote (91474)	6/14/2012 1:50:02 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217571

dvd had an interesting post on Sweden re: #5 in your list Message 28206194

To: TobagoJack who wrote (91474)	7/12/2012 8:26:07 PM
From: 2MAR$	Read Replies (1) \| Respond to of 217571

Bad jobs data last friday , no QE from the Fed tues ( some traders played this badly= buying GLD in front of ) , this was the "week that wasn't" for stocks getting heavily pushed down into China GDP #'s tomorrow , but already priced much of it in , we'll see ...lots of volitility many good bounces today off oversold levels as shorts made killing fading everything in sight , including AAPL this week Just How Bad Are Things in the Middle Kingdom? blogs.wsj.com Forex boys will be getting lots of action tomorrow watch the Aussie dollar !