Replies to post #34967 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[the cork]

That's just window dressing to fool the suckers. The status quo continues until they can no longer execute deal at the contracted price. We are in the end game.

Throwing in the towel now would be like digging for buried bullion and giving up ... a shovel short of the treasure chest.

I think when you weigh the relative consequences of being wrong it makes sense to bulk up on physical.

If a guy misses this boat, it's lost and gone. Forever.

[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.