British Press:- Return to Gold standard......Gold $5000......Silver $1000

[Mega]

http://www.telegraph.co.uk/finance/c...-unravels.html

No time scale, but will they QE3?......Not sure they will.....BTW EJ was $3000 Gold man, then he upped it a bit to between $3,000 & $5,000.......is that stil the "Itulip target" ?
Cheers
Mike

[lektrode]

Re: British Press:- Return to Gold standard......Gold $5000......Silver $1000

http://www.telegraph.co.uk/finance/c...-unravels.html

No time scale, but will they QE3?......Not sure they will.....BTW EJ was $3000 Gold man, then he upped it a bit to between $3,000 & $5,000.......is that stil the "Itulip target" ?

as usual mr mike, GREAT QUESTION: what is the current 'forecast' for gold (since it looks like EJ's call of 1600 by yearend is righton track, but has the downtick prophesied earlier in the year just gone past us) and have any other hard money options started to look attractive?

and have we seen the last gasp on the equities front, pending more printing?

we got the bernank gettin all vague on us (or, vaguer than usual) which likely means he's giving up and bunting over to congress? (where we see all sorts of signs of something, not sure any of it even remotely resembling 'intelligent lifeforms')