Central Banks dumping gold? Are you kidding me? They are "prevented" from "selling" (really lending..they NEVER sell their gold) more than 500 tonnes annually. This year TOGETHER the central banks have not "sold" that much gold. They have even gone so far as to state they will be refraining from any further gold activity! SO, what gives you any indication they are doing so, when China, Russia, France, Italy and others are buying as much as they can get their hands on? Even if they DO "lend", what does that do to the almighty dollar? Give it up, please! If you want to chide the Pinelli's of the world, go ahead, but make sense, huh?
Time to Revise Our Gold Expectations [View article]
You deflationists out there, please tell me what prices are going down? Okay, gasoline. Name something else. Food? Not! Any other "necessities"? Not! So, where is the DEflation?
Oh yes, UBS is right on target....and of course what they forgot to include in this piece is that there won't be ANY hurricanes or tornadoes in 2008, 2009, and 2010 either....those crazy sonofabitches. If that prognostication in itself isn't enough to make you RUN--not walk--to your nearest bullion dealer and clean him out of every piece of gold and silver, nothing EVER will!
Blackmont Capital Bullish on Gold and Silver [View article]
Don't Miss the Coming Gold Bull [View article]
Central Banks dumping gold? Are you kidding me? They are "prevented" from "selling" (really lending..they NEVER sell their gold) more than 500 tonnes annually. This year TOGETHER the central banks have not "sold" that much gold. They have even gone so far as to state they will be refraining from any further gold activity! SO, what gives you any indication they are doing so, when China, Russia, France, Italy and others are buying as much as they can get their hands on? Even if they DO "lend", what does that do to the almighty dollar? Give it up, please! If you want to chide the Pinelli's of the world, go ahead, but make sense, huh?
Time to Revise Our Gold Expectations [View article]
UBS Analyst Raises Gold Stocks' Price Targets on Higher Gold Price Forecasts [View article]