Replies to post #13904 on iShares Silver Trust (SLV)

[True Blue]

----Ya know I wasn't thinking about the Fed buying bonds when i wrote that. I was just thinking about what the effect of the government buying gold would be.----

It would scare the crap out of people if the FED started buying Gold. It would make the dollar go down rapidly and Gold would spiral up to insane heights. It would be the end of the dollar as we know it. That is why we are talking about other currencies that we might accept in the future for our metal.

You are already seeing what central bank Gold buying is doing - its pushing the price up. If the FED buys it will be uncontrollable. Like TO THE MOON!