Guess The Gold Bottom... I'm saying 850

AU will never reach $1000 anytime soon.

The turtle type funds won't be into the AU for quite awhile.

See yaa!

 

The SWF's literally have TRILLIONS of dollars looking for something worth buying. All it takes to move gold over $1000 is for them to allocate ANY percentage of those TRILLIONS to buying physical gold.

I have no clue when they get tired of watching the dollars turn into so much green paper promises.

 

AU market is waaaaaaaaaaaaaay too small for SWF's.

What you do had you had Billions AUM?

 

858.90

 

+1

I came up with 778 which is %25 percent from the high.

Akuma

 

$500

 

Gold is gold. Paper is just empty promises.

 

I put a 100z gold bar in a paper bag and it fell right though the bottom, and now I'll holding a busted paper bag and gold is priced at 858.90

Fuking gold...

 

Yes Gold is Gold...but a fractional reserve global banking system and a fait currency is what gives us the Vol that we need.

 

Funny...I read the "The Road," recently.

It completely illustrates what a complete farce of an aurgument the Gold Bugs make.