SiliconInvestor
     Advanced Search   [ sign in ]

register
Sponsor		  register
Register

 Strategies & Market Trends : The Financial Collapse of 2001 and Beyond

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: teevee who wrote (92504)7/14/2012 11:17:15 AM
From: HawkmoonRead Replies (1) of 100762
 
Doug Casey brings to light the amount of Gold purchases going on by the CBs.. Traditionally, this is considered a contrary indicator when CBs buy something.. And could represent a top in the price of Gold..

The one thing I think Mr. Casey omits is that CBs have a desire to avoid any impression of deflationary forces taking hold of the global economy.. A collapse in the price of gold would create that impression..

So, the best way to preserve that illusion of "inflation" or price stability is for them buy gold and sustain it's price.

zerohedge.com 
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.