coastalpirate

Gold Economics Questionable; Facts Forecast Lower Prices

I would like to hear more about central banks and their inventories, with the world's currencies being devalued at a high rate it would make sense for central banks to sell gold to raise lots of devalued cash. A few thousand tons here and there could burst the bubble.

Energy and Metals Charts

You can get an idea from charts when a bubble is being created, like oil running up in the midst of a global slowdown and credit crisis, the chart looks like everyone is pouring money in because it is the only thing left going up. Also where is the commentary today? Oil goes down 7 bucks a barrel and there are no articles all day, would someone venture if this is a pop ??????