Message:

<p>[QUOTE=&quot;qsilver007, post: 1477898, member: 34667&quot;]Gold&#039;s risk weighting will go to zero.............ie those that have it will want price high, as it will balance off other, less attractive assets,...............some other zero risk assets are........CASH, US PAPER FROM 30 BILLS ALL THE WAY TO 30 DAY BONDS</p><p><br /></p><p>.................remember the term &quot;good as gold&quot; it was from old factual info...................it will be factual info again...........the legislation is done...............the US has put it out to the press</p><p><br /></p><p>Interesdting the day it was announced a week or two ago gold was the only thing down on the day</p><p><br /></p><p>many other countries, IE Europe have fairly decent statshes of GOLD if the US does it they will follow</p><p><br /></p><p>As for the implications....................Its kind of like going on a Gold standard without going on one</p><p><br /></p><p>I would not want to be shorting or betting against the PM&#039;s in times like these especially as this is a very rare and unusualy govt move by the US</p><p><br /></p><p>In terms of price I would think up substantially</p><p><br /></p><p><i> I do not believe u will be buying in the 1520&#039;s anymore nor silver in the 26&#039;s</i></p><p><i><br /></i></p><p><i>hopes this helps</i></p><p><i><br /></i></p><p><i>QS</i>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in