tag:blogger.com,1999:blog-502356674750161309.post3050837894517003824..comments2009-02-13T10:51:32.983-08:00Eric deCarbonnelhttp://www.blogger.com/profile/08023745289801416061noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-502356674750161309.post-24794205347107020022009-02-13T10:51:00.000-08:002009-02-13T10:51:00.000-08:00<I> Physical gold is the only form of money you can trust. Demand for physical gold is growing with every bailout. Once backwardation shuts down the COMEX, physical gold for sale will disappear, and those holding paper dollars will panic, paying any price to get the smallest ounce of gold.</I><BR/><BR/>Since when physical gold is the only form of money you can trust. If that is the case, 21th century will go back to barter system. Price of gold is defined by wall street. When modern economy system collapse, local people will start printing their own money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-502356674750161309.post-45405289049456022762008-12-02T05:10:00.000-08:002008-12-02T05:10:00.000-08:00From all I have seen and read I concur with the notion that the gold price is being heavily manipulated. I have read about gold confiscation and/or a 90&amp; capital gains tax. The latter seems to be more of a possibility given so few people actually possess physical gold. Now someone write the Fed own about 8000 tons of gold ... would they not support COMEX if there is chance of it collapsing and therefore exposing all the paper lies ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-502356674750161309.post-30542048602874854152008-12-02T03:55:00.000-08:002008-12-02T03:55:00.000-08:00Yes, I would love to see the price of Gold/Silver go up in price to more realistic levels, BUT not in such a graphically described, apocalyptic scenario. If that were to happen, Mad Max would look like a tea party in comparison and doubtless the USA would have to wage physical war, in order to reclaim its supremacy.<BR/><BR/>As for JP Morgan and the like, they're probably doing all they can to lower the price, so their ultra rich clients can come into the party at an acceptable level to make big bucks. Look at what happened to Silver yesterday...a 10% drop in one day!<BR/><BR/>Anyone who believes there is no manipulation of the Gold/Silver price is a buffoon, as there is no logical reason whatsoever why Gold (and Silver) must rise on a falling Dollar or vice versa....in an open market. Apart from oil, I don't see (m)any other commodities that act so predictably, do you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-502356674750161309.post-65808490226748318562008-12-02T03:05:00.000-08:002008-12-02T03:05:00.000-08:00This is a FANTASTIC recap of, as you say, "the Gold Wars."<BR/><BR/>EXCELLENT JOB!!!!!! Thx for the effort!!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-502356674750161309.post-7466099273690971982008-12-01T00:16:00.000-08:002008-12-01T00:16:00.000-08:00Possibly, but that report could have been writen by an analyst that has nothing to do with PPT.<BR/><BR/>"Could that suggest the PPT have decided to release the gold price a little higher?"<BR/><BR/>I don't think they could keep gold's price under 1000 for long even if they tried. Also, once significant quantities of gold start leaving the COMEX, they will love all control over the price of gold.Eric deCarbonnelhttp://www.blogger.com/profile/08023745289801416061noreply@blogger.comtag:blogger.com,1999:blog-502356674750161309.post-16679163887368074292008-11-30T23:26:00.000-08:002008-11-30T23:26:00.000-08:00JP Morgan has released a positive report on gold. Some people suggest JPM is a core part of PPT's operation. Could that suggest the PPT have decided to release the gold price a little higher?Anonymousnoreply@blogger.com