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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: polarisnh who wrote (239699)1/10/2016 3:53:00 PM
From: Rocket Red1 Recommendation

Recommended By
LoneClone

  Read Replies (1) | Respond to of 313092
 
paper mache is the rigged game in New York



To: polarisnh who wrote (239699)1/10/2016 4:06:17 PM
From: kidl  Read Replies (1) | Respond to of 313092
 
I see, no paper. That's cool but why only gold?

Wait, I'll answer that for you ... Gold is not just a commodity. It's so much more. Right?



To: polarisnh who wrote (239699)1/10/2016 5:18:39 PM
From: teevee1 Recommendation

Recommended By
kidl

  Read Replies (1) | Respond to of 313092
 
central banks are sitting on the equivalent of about 50 years gold production. Central banks are also the largest buyers. Who do you think gold miners sell their gold to? If central banks got out of the gold buying business, and sold off their holdings, who knows how low the price would go. IT IS CENTRAL BANKS THAT SUPPORT THE PRICE AS HIGH AS IT IS.