James Wilson

Will Big Money Interest Propel Gold over Its Final Hurdle?

Gold-- is dug out of the ground melted down and put in a bank with guards around it.
Sledom used for anything other than jewlery which is the favorite target of criminals.

If there is a gloable depression how would you turn gold ingots into coins if you were not robbed.

Who would have change ?

Will Big Money Interest Propel Gold over Its Final Hurdle?

Exactly how do you cook gold ? How many Carbs does gold have?


On Feb 13 07:06 AM Roger Knights wrote:

> Good article. I've noted the trend in financing of gold companies
> too. It’s a powerful “fundamental” in gold’s favor that big money
> is silently putting down its bets. I think awareness of this activity
> is what is stiffening the spines of the mainstream analysts from
> big-name companies who have been predicting much higher gold prices,
> something they’d previously avoided doing.
>
> "it wins in deflation as central banks debase their currency"
> Or if the Euro collapses. That’s something that could happen sooner
> than people think--maybe within three months. If such a prospect
> caused a trivial 5% of European stock and bond investments to move
> into gold, its price could jump by 50% in a week, the Indian scrap
> supply notwithstanding. Critics of gold tend to completely ignore
> the European angle, focusing entirely on whether there will be inflation
> or deflation in the US. That's too blinkered a view.
>
> (The ironic thing is that many gold bugs, made cynical by gold's
> many false starts, will jump off the train just as it finally achieves
> lift-off (to mangle a metaphor).)
>
> BTW, there's an apparent typo: "junior" should be inserted as the
> second word in this phrase:
> "Even gold companies, which were pretty much left for dead "
>