GOLDBUGS AMEX Goldbugs Index (GOLD)

[one4theroad]

Good points made on the "war machine". What really gets my attention is how China and Russia are siding with Iran. And why wouldn't they? I firmly believe that China is prepared to take over the world reserve currency status and when you look at their exports vs. imports, the writing is on the wall! Russia knows this and has no beef with China. The Chinese have been net importers of gold and silver over the past few years when they are typically huge exporters. Then you have Chavez taking delivery of his countries gold, the new breaking story of the "counter-fit" $6 trillion in US Treasuries just seized, which has U.S. Government theft and deception written all over it, and here our Gubmit clowns are worried about a Nuke that doesn't exist, yet? Hmm, smells like a currency war to me and little to do with Iran and the "possibilities" of developing a nuke.....Makes a guy really think hard when watching the precious metals trade. I'm not a conspiracy theorist or a believer in the "end of the world" but I am starting to think the U.S. is trying their damnedest to hold the precious metals in a certain price range! Makes logical sense to me.....