Comments on: US government Intervening in the Gold Market?

By: Australian Nugget Specimens

Australian Nugget Specimens — Mon, 05 Oct 2009 17:55:42 +0000

Federal dealings in the gold market have the potential to seriously disrupt the free market by either artificially inflating or deflating the price of gold. Given gold's importance to America's (and the world's) monetary system, any federal interference in the gold market will have ripple effects through the entire economy. For example, if the government were to intervene to artificially lower the price of gold, the result would be to hide the true effects of an inflationary policy until the damage was too severe to remain out of the public eye. Australian Nugget Specimens

By: Gram Scale

Gram Scale — Mon, 05 Oct 2009 17:53:49 +0000

To understand how gold really did during late 2008's devastating stock panic, you really need to consider all these currencies concurrently. The takeaway is gold's panic performance ranged from excellent to spectacular in 7/10ths of these currencies which include the very important euro and British pound. Only the US, Japan, and China saw local-currency gold charts that looked weaker than investors hoped during the panic episode." In much of the world, gold not only held all of its value, it hit all time highs at the end of 2008. Gram Scale

By: Crystalline gold nuggets

Crystalline gold nuggets — Mon, 05 Oct 2009 17:52:14 +0000

There was always something wrong with the dollar. I was smart and got gold and silver a long time ago! Crystalline gold nuggets