BBrown

How the Gold Game Could End

The reluctance of the Government of the US to provide proof of the actual gold reserves anywhere in our country and verifiable by anyone trustworthy for their word or even proof that ETF's actually have as much as they say they do, all remains to be seen. GATA is on the right track, and the Federal Reserve Corporation's paper will soon run out of value of any kind.


On Apr 19 07:51 AM DONE_SONZ wrote:

> And the reverse is true to the upside.Whats your point?

Unemployment's Surprisingly Large Drop

Of course the numbers dropped, it would coincide with people running out of unemployment benefits. How gullible will the public remain in receiving reports like this, saying things are getting better. Where are the 94,000 jobs at? Stores closing, construction jobs laying off, auto industry cut backs, where are the jobs........... Must be yard work jobs at the top CEO's houses huh? I'm sure those over paid @#*%@# have ripped off enough from investors and wage earners to pay many years wages to the laid off 94,000 they got it from to start with. And while we're at it, you better know all of the workings of your bank or you may not have a bank in the very near future. The number of mergers, cut backs and lay offs, and the number of bank closings, is rising. Time to pull your heads out of the sand folks.

The 'Death of Gold' Revisited

Good reminder on what to expect if history has taught us anything at all. When I look at all of the causes that caused the rise in Gold's price to $850 in 1980, and compare what is causing the price to rise now, I do see some similarities, but the price of gold rising to be inflation adjusted from 1980 to now and a price of $2,350 to $2,800 plus the cost of our current causes for Gold's rise in price, war-dollar weakness-real estate devaluation-sub prime loan problems-Derivative problems-unemployment problems-national security problems-immigration problems-foreign trade problems and Oil problems, we're destined to go far beyond just inflation adjusted gold at the levels mentioned above. People live to close to their computers these days. A slight drop in the price of gold and they sell off. In the 70's we didn't have computers to buy and sell at the touch of our fingers. Things are different in a big way and this bull market in gold has a long way to go.

Buy Signals are Popping Up in Gold and Silver

When a vault with a fork lift is shown to ETF investors, with a reputable group of people to verify that the ETF gold is "real" and is in a safe place, I would be more likely to invest in an ETF. With previous statements announcing that third parties are involved in the delivery of ETF gold, then we are again back to the situation that "Sub-Prime" and "Derivatives" have put us in. My lost faith in the US dollar has transcended over to ETF's, it's now a matter of prove it to me and show me the Gold. Anyone can say they have 19M ounces of gold. I seriously doubt that should all the ETF investors ask for their shares of the ETF gold, that the ETF fund could even begin to cover it.