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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (54457)	1/25/2014 12:41:57 PM
From: Real Man	1 Recommendation Recommended By ggersh Read Replies (1) \| Respond to of 71479

I agree to disagree? Certainly, there have been a lot of blogs on physical buying from the East, etc. One thing I don't think will happen is exchange default, we shall see an upward crash instead. Something similar happened in the 90-s to silver - leverage seems to have been like 80:1, then Buffet bought 100Moz, silver price just doubled, then dropped back. Everybody has their favorite tool to monitor physical shortage. Mine is lease rates and GOFO rates. In particular, when Goto gets negative and one has to pay to swap gold for USD, the banking crowd swaps into gold. This is our old backwardation, of course. -g- One thing is clear, looking at monetary base chart in the thread head, there was an INCREASE of 60% since the latest round of QE began. Gold entered a bear and dropped 60%. Some see it differently, but I just see it as disconnect. Reconnect will propel gold to 3000.