Message:

<p>[QUOTE=&quot;Collecting Nut, post: 2216901, member: 74863&quot;]I didn&#039;t say they were dumping gold, I said &quot;forcing the price of gold downward&quot;. There is a difference, a big difference.</p><p><br /></p><p>They devalued the &quot;Yuan&quot;. That alone forced the metals lower, made the dollar more attractive, caused crude to drop and made the Fed unable to raise interest rates as they had planned to do. Adding to this is the increase of oil production in the US and OPEC not cutting it&#039;s production, which force oil lower. Some oil producing countries are cash strapped and may be forced to sell their gold reserves to pay their bills.</p><p><br /></p><p>All your link to seekingalpha.com says is &quot;could&quot;. So prices go lower. That represents a buying opportunity of which I will be taking a part. My fair share mind you, is buy all I can and hold.[/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