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Old 12-13-2011, 09:23 AM   #1
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Gata explains recent movements in gold

This is an interesting article in GATA, explaining a possible connection between sovereign governments and recent smash downs in gold. It supposes that to get dollars, they must lease gold at negative interest rates.

A very good read can be found here:

http://www.gata.org/node/10771
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Old 12-13-2011, 09:33 AM   #2
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Yeah, I thought that was pretty much understood (though perhaps not explicitly stated) from the other thread where we were discussing this.
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Old 12-13-2011, 09:36 AM   #3
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Yeah, it basically states the same thing, but I like the clear and concise delivery. It is easily understood by simple minds like mine.
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Old 12-13-2011, 10:04 AM   #4
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As the Euro goes down, I expect this dynamic will only get more pronounced (until the physical market takes control / the paper market implodes). The metals seem to be spiking up at the moment, but I am still expecting more downward action.
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