Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
The reality is that China and Japan hold approx. 2 trillion dollars and are supporting it to hold its value 1) a weaker dollar against their currencies would result in less exports to the U.S. and 2) they want to acquire all the gold and gold stocks as otherwise they would have to use more dollars to buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions. Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.
Invest in Precious Metal Miners During the Coming Earnings Season [View article]
Your thoughts on this large miner, please.
Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions.
Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.