What's behind the recent falls in gold & silver, and will it continue?

China managed to add 600 tonnes for the last few years with the price falls of a few hundred dollars, for China to add much more, there is still be a need for a much lower prices, this would force the "weekhands" to drop their gold hoards and get flow in the current of falling prices stream and fill up the China coffer. how low, how many tonnes and for how much longer.

well YOU guest it, no body really knows !!! all we know is price is shooting through the roofs when the times come for us Joes to buy them.
 
Peter said:
I always thought that because gold offers an alternative to currency that it would be attacked
by currency manipulators.ie.politians, bankers, etc.I expect more of it.
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What if they invested into BitCoin heavily & other electronic forms of currency outside of the banking industry?

We think Bitcoin & similar startups are clean from manipulation.....but are they really? And for how long? :lol:
 
Comex is currently at ratio of 123.8 paper ounces per physical ounce.. highest ASE sales in recent months.. yup perfect storm for falling price..

The noticeable recent ramp up in anti gold media would have to mean it's a good time to buy..
I'm thinking of bringing my December PM purchases forward to get in before September when we are due for our 7 year crash
 
Golightly said:
Comex is currently at ratio of 123.8 paper ounces per physical ounce.. highest ASE sales in recent months.. yup perfect storm for falling price..

The noticeable recent ramp up in anti gold media would have to mean it's a good time to buy..
I'm thinking of bringing my December PM purchases forward to get in before September when we are due for our 7 year crash
Click to expand...

Kitco is chalked full of great deals....I think they are still headed down.

"Comex is currently at ratio of 123.8 paper ounces per physical ounce" is just plain absurd :lol:
 
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