gmiller

Four Major Developments Gold Investors Should Watch

That's an excellent case for gold buying, but somewhat understates the downside of the U.S. govt. and bullion banks' power to take down gold when it suits them. Long term, I believe they'll lose, but they can create real danger for leveraged long players in the meantime.

Why IMF Gold Sales Won't Affect the Gold Market

Why do they have to SELL the gold, when they could just borrow or print more money, the way they ALWAYS do? Answer: It;s a shot across the bow of the gold people. They want to DEPRESS the gold price and discourage more investors and the public from buying any.

They have ben attempting such maneuvers since 1980, but gold has almost quadrupled since 2001 anyway. The best response to this is to buy and even take delivery of gold, at the temporarily depressed prices that might occur from this and other abortive intimidation methods. This is merely Larry Summers playbook in action.