Is Gold On The Verge Of Moving Into The Bubble Phase? - Page 2

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Author	Replies: 22 / Views: 3,077	Page: of 2

poboxw Pillar of the Community Canada 1502 Posts	Posted 12/27/2011 7:37 pm any by physical gold, really hold physical gold. The MF Global meltdown still have their account-holder's "physical" gold tied up http://www.ibtimes.com/articles/272...bankrupt.htm Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 12/27/2011 10:57 pm A customer from south africa told me it's almost impossible to buy gold there, becaused all the mine production has been committed to yurrupean buyers. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 12/28/2011 7:00 pm Quote: A customer from south africa told me it's almost impossible to buy gold there, becaused all the mine production has been committed to yurrupean buyers. Considering all the lousy financial news coming out of Europe recently, it would not surprise me a bit if this was true. It IS interesting, though, that the people who know the most about the euro are trying to trade it for dollars and gold and probably silver as well. What is it about the euro that they know and that the people taking them in trade do not? A little buying and selling is normal but a huge rush to the exits is not unless something really bad is coming. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 12/28/2011 8:29 pm Yurros have all the problems of the USD, without being a world reserve currency. Where the US only has to deal with the idiots in DC, the yurro is jerked hither and yon by sovereign nations. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 12/29/2011 7:12 pm Quote: Yurros have all the problems of the USD, without being a world reserve currency. Where the US only has to deal with the idiots in DC Indeed they do, Fredd. It's difficult for them to do much when any of the countries in the EU have to approve of every step they take. Imagine if Wyoming or Delaware could veto US Federal legislation on monetary policy. OTOH, maybe that would be a good thing! Report this Post to the Staff
mmerlinn Valued Member United States 302 Posts	Posted 12/29/2011 10:17 pm Quote: Imagine if Wyoming or Delaware could veto US Federal legislation on monetary policy. OTOH, maybe that would be a good thing! Too bad that the power hungry crooks squash every possible solution that prevents them from grabbing more power. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 12/30/2011 6:22 pm Quote: Too bad that the power hungry crooks squash every possible solution that prevents them from grabbing more power. The Colonial era British thought that way as well... and look at what happened to them. The phrase "all enemies, foreign and domestic" was added to the US Constitution and other official documents for a reason! At no other time during my life has that reason been so obvious as it is today. Report this Post to the Staff
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