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Why are gold and silver prices falling?

4 posters

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1Why are gold and silver prices falling? Empty Why are gold and silver prices falling? Tue Sep 27, 2011 12:48 am

CSE.SAS

CSE.SAS
Global Moderator

Silver and Gold price slashed in trading following stock fall The powers that be seem to be conspiring to drive down the price of gold and silver. It starts with margin raises, and continues with major banks selling short to flush out the weaker players. Vomit blood and guts are all thats left of this train wreck. the plunge in gold and silver prices has taken place because of massive unwinding of positions across all asset classes. It is unlikely that precious metals will witness another up move in the near future.



Everybody is hypnotized and is dreaming the same dream and that is " Paper is Money" , a dream that was imposed on people with the Media and the education system , this does not make it money , , only Gold and Silver are Money , paper is a Currency that was created the first time to represent a deposit of Gold , if I was a central bank I won't accept any payment in paper , someday the people will wake up from the dream and realize that paper is just that paper and that GOD created Gold and Silver for the purpose to be money and a mean of exchange , the fact that 9 billion people are all dreaming the same dream at the same time does not make it real ....and that's my take about this , I tell you what I do , I go to my coin shop and I load in gold and silver as much as I can afford and I thank uncle Ben Bernanke for the unusual discount ...that's all folks

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

cos EU is going for a massive 3 trillion euro bail out like america did in 2008. so there is renewed hope in stock market. Gold money is flooding in to stock market. Atleast in short term.

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics

Dollar becoming stronger also has a say with this Gold prices coming down. Well Warren Buffet said he will wait till it comes down to 1400 range, to buy again.

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Early signs of an impending global recession. ...stocks falling..

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

In a way gold prices fall is a good sign.

Gold prices go up when economy, financial system is unstable.

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