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Gold quietly goes above $1900 again
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<p>[QUOTE="InfleXion, post: 1260819, member: 29012"]Good point about cash leaving stocks driving up the USD. I wonder how much of that is exiting GLD as well. </p><p><br /></p><p>I did read about that lawsuit and thought the timing was extremely poor form. Now what are they going to do, bail out the banks again after they cut them down, or nationalize them? If they are really concerned about fostering a recovery why in the world are they going after banks' capital when they are already in a position of weakness? This is just about as ludicrous as the Obama administration telling Gibson guitars that they'd be doing fine if they would just switch over to Madagascar labor. It's this sort of thing that makes me glad to be a precious metals owner, so I don't have to worry about failed logic and dualism dictating my financial security.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1260819, member: 29012"]Good point about cash leaving stocks driving up the USD. I wonder how much of that is exiting GLD as well. I did read about that lawsuit and thought the timing was extremely poor form. Now what are they going to do, bail out the banks again after they cut them down, or nationalize them? If they are really concerned about fostering a recovery why in the world are they going after banks' capital when they are already in a position of weakness? This is just about as ludicrous as the Obama administration telling Gibson guitars that they'd be doing fine if they would just switch over to Madagascar labor. It's this sort of thing that makes me glad to be a precious metals owner, so I don't have to worry about failed logic and dualism dictating my financial security.[/QUOTE]
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