GOLDBUGS AMEX Goldbugs Index (GOLD)

[nagoya1]

I guess we could also ask:

why is the price of platinum dropping? Russia is the biggest producer and with the current embargo, prices are dropping even though demand is constant from the car industry

why is oil dropping with the current ISIS BS, Russian chess-match, and Ebola?

I'm still trying to understand how the US can keep on printing more and more US currency for this ridiculous bond "tapering" project with no slap on the hand from other countries. No one is held accountable for anything except for the counterfeiters that try to do the same.

Can you borrow money without any collateral..........it seems that the all of the clowns in the G8 can print paper money with nothing to back up their currency. I can't buy the city of bankrupt Detroit without collateral, but if I'm the gov't I can print paper and settle the bond market.

Bring back accountability by having gold as collateral, it w«s like that in the past!!!!!!!!!!

Your question, why does gold go down...yes the COMEX is manipulated.

GOLD at the COMEX is a pay later game, the SHANGHAI market is cash and carry.