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<p>[QUOTE="Suarez, post: 4244114, member: 99239"]There's a three way tug of war affecting the price of gold right now. There's the panic buying and selling. There's the softening demand from industry which is bracing for a global recession and there's the effect of share dumping propping up both gold and government bonds. When big money sells shares that money doesn't go under the sofa cushions. It has to go somewhere and that's usually the precious metals market and T-bills.</p><p><br /></p><p>Rasiel[/QUOTE]</p><p><br /></p>
[QUOTE="Suarez, post: 4244114, member: 99239"]There's a three way tug of war affecting the price of gold right now. There's the panic buying and selling. There's the softening demand from industry which is bracing for a global recession and there's the effect of share dumping propping up both gold and government bonds. When big money sells shares that money doesn't go under the sofa cushions. It has to go somewhere and that's usually the precious metals market and T-bills. Rasiel[/QUOTE]
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