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  • Monetary Policy: Thinking Outside The Box  [View article]
    If the Fed starts buying gold in any real quantity the price will go absolutely vertical, panic will set in and suck every last nickel of reserves left out of the market except for mining stocks and the equity will stay there as the remainder of the economy collapses. Birdbrain.
    Just convert all of the current currency into gold which is what is really needed to show the working people of the world where all of their labor and savings went and especially to whom. Bankers are criminals and Politicians are accessories. What part of this don’t you understand?
    Oct 5, 2012. 02:51 AM | Likes Like |Link to Comment
  • Gold is marking time today after a big 3-month run, but the RBA's surprise overnight rate cut makes it the latest central bank entry in a race to devalue currencies, and one wonders if the PBOC won't be far behind. Gold remains a currency no central bank can print "with a keystroke," says Janney's Mark Luschini, remaining bullish on the metal.  [View news story]
    Did anyone listen to the debate tonight?
    These guys think they are water skiing in the Bahamas but that screeching they heard was an iceberg.
    Oct 4, 2012. 01:40 AM | Likes Like |Link to Comment