GOLDBUGS AMEX Goldbugs Index (GOLD): Yes, why indeed don't they print a 100 b...

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Re: Sparks111111 post# 33849

Wednesday, 07/16/2014 10:31:32 AM

Wednesday, July 16, 2014 10:31:32 AM

Yes, why indeed don't they print a 100 bn dollars and take it right down $50 or $100 per oz ??

I suppose,and I'm no expert here, but that would prompt huge eastern buying over and above the stampede for metal that we saw last year after the April smash failed.

Also it would further debase the USD over and above what is being done to it it by the QE and the National Debt ............thus spurring more de-dollarisation as we re seeing this week with the BRICS $100 bn banking and currency swap deals.

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