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<p>[QUOTE=&quot;InfleXion, post: 2208595, member: 29012&quot;]I never said they were targeting a desired price point. I said that there was never needed this much downward pressure to reach the current price point, by which I simply mean the price it is at, whatever that may be. I don&#039;t appreciate having words put in my mouth, and then a false interpretation being used to say why I am wrong. You and another person here who will remain nameless do a lot of that, and while I will admit it&#039;s very effective at raising my frustration level, it&#039;s really not in your best interest if you want to be taken seriously.</p><p><br /></p><p>Considering also that all the physical gold on the Comex could be bought for about $400 million right now, I would personally be concerned if I were reliant upon them for my metal.</p><p><br /></p><p>Which stackers are you referring to exactly? Generalized statements aren&#039;t worth much. I haven&#039;t lost any money since I&#039;ve only sold for profits. I am not familiar with the trouble you speak of. Poor investment decisions are a reflection on the individual, not the market.</p><p><br /></p><p>You may want to look up Gibson&#039;s paradox as well. Rising interest rates do not always cause the gold price to drop, and in fact history says that rising interest rates in the current environment will cause the gold price to rise. The Fed can&#039;t raise rates anyway because the debt is already unserviceable, and rising rates puts us that much deeper underwater. The interest on the national debt alone is 2.5% of GDP, and the debt itself is over $18 trillion. Raising rates makes all of that more expensive to pay off. It would amount to suicide due to risk-off, mass exodus from USTs, or a US default, if not all of the above. The only reason 2008 didn&#039;t end the fiat experiment is because of lowering interest rates, and now leverage is even higher than it was then.</p><p><br /></p><p>And an improving economic environment? The population to employment ratio says otherwise. Have you not heard of all the layoffs going on right now?</p><p><br /></p><p>For every complex problem there is an answer that is clear, simple, and wrong.[/QUOTE]</p><p><br /></p>

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