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CB's trying to throw a Bear on Gold?

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  • CB's trying to throw a Bear on Gold?

    Looks that way, they trying to convince people that the EURO is better
    Mike

  • #2
    Re: CB's trying to throw a Bear on Gold?

    It may be better than bonar, or than peso, but still is not better than PM's...
    sigpic
    Attention: Electronics Engineer Learning Economics.

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    • #3
      Re: CB's trying to throw a Bear on Gold?

      will there even be a Euro in 18 months?

      Comment


      • #4
        Re: CB's trying to throw a Bear on Gold?

        Originally posted by Mega View Post
        Looks that way, they trying to convince people that the EURO is better
        Mike

        Everyone needs to understand only 2 things.

        1. Use fiat to pay off debts

        2. Use fiat to buy tangible things from someone who is stupid enough to sell them to you (for fiat).

        Only two acceptable uses of fiat, period!

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        • #5
          Re: CB's trying to throw a Bear on Gold?

          Mega,
          Do you mind sharing where this information is coming from?

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          • #6
            Re: CB's trying to throw a Bear on Gold?

            Can't
            Look for a massive Paper Gold Sell move in New York today.
            Mike

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            • #7
              Re: CB's trying to throw a Bear on Gold?

              Originally posted by Mega View Post
              Can't
              Look for a massive Paper Gold Sell move in New York today.
              Mike
              According to Kitco Gold/Currency chart, in today's session Gold lost 1.00 % in USD... For me it is good that the loss was 1.35 % in MXN (another opportunity to get more cheap gold!)... Tomorrow we're not having US pressure, so rates may stand still...
              sigpic
              Attention: Electronics Engineer Learning Economics.

              Comment


              • #8
                Re: CB's trying to throw a Bear on Gold?

                this ain't 'news' it's rant and rave.

                cbs don't give a rat's ass about gold. i've been reading this gold manipulation crap for decades. it's just goldbugs with money in pms looking for an excuse for bad timing. buy pms when fiats are going to shit ala 1973, sell when the the fix is in ala 1980. end of story.

                rather than waste time and energy fretting about the cbs and gold, ask... how they're going to get their crap fiat back on track this time? then be ready to dump gold for the new fiat when it looks like the fix is in again.

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