GOLD SOARS TO A 24 YEAR HIGH. WHY? See my previous post HERE. HINT: H5N1. (Though the FT thinks it's Central Bank buying. BUT IF THEY ARE BUYING, WHY ARE THEY BUYING NOW?! HINT: H5N1.)
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
4 comments:
"There is concerted buying by a significant buyer, and it could be a central bank" - from your link!
This is not the result of small investors buying on avian flu fears.
In fact all metals are selling at high prices on the commodity exchanges.
Excellent site, enjoyed my visit! I will be back soon!
er um anony-baby: central banks can be buying on avian fears!
or ask yourself this:
will gold go up-or-down when H5N1 is announced to be H2H?
i think it will go up.
as will other precious metals.
i think we're seeing hefgeds on that bet now.
from asian central banks: china/thailand/indonesia -
whose currencies will be hartdest hit.
AND ARMY: Thnaks. God Bless Our Troops - and Our Allies! And Our Mission.
hey relia-baby!
the central bank (read China) is buying gold cause they already have tons of dollars and the chances are the dollar will go down another 20% - with or without H2H bird flu...
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