Replies to post #35471 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[optionslearner]

HOW VALUABLE IS GOLD?


It seems it is currently valued at $1200 per OUNCE...It seems if it did not have considerable Value; It would not been even close to this High Price!....WHY are many Governments accumulating/Holding any GOLD if it is not Supremely Valuable?....WHY did Greenspan recently comment on GOLD in a somewhat Bullish nature considering his knowledge of Money and markets?

The Golden ratio projects $3880 Gold in Current Move

[chicmagnet]

If the politicians and the Einstein economists think they have a bear backed into a corner, I surely hope they have taken into consideration variable change. Putin is not going to treated as a third world country much longer. My thoughts only. Oh and they won't worry about world opinion, they will act only in there best interest.