http://www.bloomberg.com/news/2012-...as-yen-drops-on-boj-speculation-correct-.html "Global stocks slumped the most since July and commodities erased this year's gains as companies from DuPont Co. and 3M Co. to Alfa Laval AB reported earnings that spurred concern the economy is weakening". Can someone please explain the upside to Gold during an economic collapse, or even a continued weakening if it is influenced by 3M's earnings? I definitely believe the worst is yet to come does that mean its time to sell? but then, why are central banks buying tons of Gold? unless thats false?
when stock down.... usd strong.. gold down... if end of the world comes... then the best time to buy to profit is when usd up... which brings me to ask.. why are we stacking all of this time.. should we just wait with cash on the side.. and buy heavily when it is down...
