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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (42619)4/15/2013 11:25:19 AM
From: Mike M22 Recommendations  Read Replies (1) | Respond to of 48092
 
Sinclair once said the ones telling you to sell gold will be the ones buying gold. They had to replenish depleted inventory . All the kings horses and all the kings men cannot suppress the price of gold indefinitely as the western central banks pursue QE to infinity.



To: benwood who wrote (42619)4/15/2013 11:28:09 AM
From: Wade  Respond to of 48092
 
Another important factor is the liquidity of cash flow that determines how people reacts to their assets, either buy or sell.



To: benwood who wrote (42619)4/15/2013 11:29:56 AM
From: les962 Recommendations  Read Replies (2) | Respond to of 48092
 
Let,s be honest ...Sinclair is right about Fundamentals of Gold, but right now it looks like they are only for the Economy books....you cannot win against the FED and the Fin. powers of this world..at least now
Just listened to one of former Guys from CME ...hi said this is the world of the Algos, when they take over (temporary event only) you cannot argue with them...absurd... Gold down $200 in 2 days