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To: fhayek

“Print more money, and the price of gold falls? WTF?”

That’s the phony price of paper gold, not the true value.


7 posted on 10/31/2014 6:05:50 PM PDT by ScottfromNJ
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To: ScottfromNJ

It looks like a buying opportunity to me. Time to back up the truck. Beep. Beep.


9 posted on 10/31/2014 6:08:18 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: ScottfromNJ
“Print more money, and the price of gold falls? WTF?”

That’s the phony price of paper gold, not the true value.

Incorrect!! When gold is in the dumps physical gold is very abundant and available at the same price as paper gold
Right now the central bank money issuers/manipulators have been able to make the USD strong and oil cheap. Both are not good for gold and silver. How long will this last? A few more years of "irrational exuberance"

Meanwhile party on dude!!


12 posted on 10/31/2014 6:16:10 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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