Now a thread with updates of apmex inventory would be nice thing; looking at spot price is one thing, but physical is totally different realm.
I was thinking about this today and decided to stay neutral - did not sell or buy more gold stock. It looks like the big players are trying to bring the price down but the market is resisting. The Feds are wording their statements very carefully according to which direction they want the gold moving. This year the first big drop started immediately after a comment from Bernanke. After that the gold started riding on the roller coaster.
The MSM loves to bash gold. When the collapse of Grace Holdings NZ, trading as Bullion Buyer, first hit the news, it remained a feature headline in the business section of stuff.co.nz for about two weeks. Usually the featured item changes every day, so it seemed a bit suspect.
Given the fact that Cetin Ciner is a professor of finance, he is either lying through his teeth or he's totally delusional.
Ok does anyone have a url/link to muppet (bernanke) live speech? Ok, found it http://www.cnbc.com/id/24596546
Alright!! Which one of you lot out there bulled the trigger and bought some gold at the beginning of the week and caused this drob to habben
Im sensing something is going to give soon, there's been way too much good news lately and its been relatively quite for a world on the verge of financial ruin
You mean the mass media have been keeping the world pacified and disconnected from the reality of what is happening. Europe is a powder keg, USA is benefitting but not changing its behaviour one iota, Japan is like a coma patient that keeps breathing after the switch is pulled, China is turning inward and the world is fragmenting into smaller spheres of economic influence. Wait until the elections are done, until USA has stopped its hocus pocus tricks to get Obama reelected, and until Europe has done with its elections and THEN with no further obligations to the realistic wellbeing of the population the politicians will continue their self-entitled ways and shortly thereafter the house of cards will collapse. Martial law will occur in some countries, revolution in others, anarchy in others. The lucky countries are heading for stagflation, the unlucky ones to depression (when does a long term recession become a depression? when you lose your job as well). Lucky people will have assets that aren't made of paper. They'll hold it together for at least another 6-24 months before they lose control. And when they really do, that won't be in the mass media either.
