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Re: $49
============== Who was speculative buying oil futures and options in the 2007-2008 mania? The big banks of course. And you can bet those same banks held huge amounts of puts/calls and derivative bets… (View Post)4 -
Re: $49
Bretton Woods still controls since that was when the US Dollar became the primary central bank currency. From 1944 to 1971 backed by gold....until Nixon closed the gold window in 1971. The dollar is … (View Post)1 -
Re: $1330 gold
I don't see this gold bear leg breaking under the key support of $1375-$1389. I think $1444-$1455 would be enough to hold this decline. With $1550 being the first target under $1600 if that's where g… (View Post)6 -
Re: I was a buyer at around $20 spot but not too interested at current levels.
Russia is in a good bargaining position monetarily and energy-wise. They will probably come out of this a lot better than Europe. The alternative with not bargaining with Russia is Europe being left … (View Post)3 -
Re: Thanks to all, I am taking my gold and silver I am out of here
That really was no match up. One knew what they were talking about....the other did not. Good thing you came here in Feb 2016 and didn't get contaminated from all the anti-PMs preaching from Cohodk &… (View Post)1