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12-09-2008, 01:14 AM | #1 |
Avalon Senior Member
Join Date: Sep 2008
Location: new jersey
Posts: 117
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imf plan for gold on wednesday?
http://www.stockhouse.com/Columnists...-for-real-Thom
worth reading, where do you stand? this might be a counter measure for calls on comex deliveries. let's hope massive calls for delivery ko's them. |
12-09-2008, 01:51 AM | #2 | |
Avalon Senior Member
Join Date: Sep 2008
Posts: 224
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Re: imf plan for gold on wednesday?
Quote:
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12-09-2008, 10:04 PM | #3 | |
Avalon Senior Member
Join Date: Sep 2008
Location: Switzerland
Posts: 78
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Re: imf plan for gold on wednesday?
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On the other side a clear proof, that the heavily manipulate markets and there are enough smart investors, having enough pocket money and looking forward buying up 3000 tons worth roughly USD 75 billion @ USD 777/oz.! It will take a while to buy this up....lets say a couple of weeks.... If they really dump that gold you can be sure that the next big move up in gold will be dramatically. I do not agree, that gold will fall below 600 forget this.... greetings, silverman |
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12-09-2008, 11:49 PM | #4 |
Avalon Senior Member
Join Date: Oct 2008
Posts: 211
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Re: imf plan for gold on wednesday?
Guess we'll find out if this is true very shortly.
Plenty of Gold bouliion for sale out there. People usually just by the contracts and sell them. Hardly any gold is ever delivered. Rumors on this board about hoarding, from what I can tell by looking around, are overblown. The price hit a high in Oct/Nov but its down almost $10/oz. since then. If you want to buy it and own it go for it. Contracts for purchase should get you delivery by sometime in Jan/Feb(?). Check it out. Last edited by hueyii; 12-09-2008 at 11:52 PM. |
12-10-2008, 07:07 AM | #5 |
Avalon Senior Member
Join Date: Oct 2008
Posts: 53
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Re: imf plan for gold on wednesday?
I was thinking of buying some today, but now I'll wait to see, maybe next week.
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12-10-2008, 07:23 AM | #6 |
Avalon Senior Member
Join Date: Sep 2008
Location: Spokane, Washington
Posts: 6
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Re: imf plan for gold on wednesday?
Yes! My hope is we all will demand physical gold ownership and not believe they are "holding" our gold, backed with paper and a promise.
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12-10-2008, 10:27 AM | #7 | |
Avalon Senior Member
Join Date: Sep 2008
Location: Switzerland
Posts: 78
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Re: imf plan for gold on wednesday?
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And now comes IMF and shall announce to drop 3000 tons into the market? If they really do so THEY HAVE TO! Since they need money too and this might be as well to rescue COMEX! These might be the only two reasons. If they really drop it by ones into the market WE ALL KNOW that they have the clear intention to kill the PM market. I believe one phone call to China and they are more than happy to buy it up immediately. 3000 tons of gold is still pocket money for China. Greetings, silverman |
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