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Message: Gold Rush

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Re: Gold Rush

in response to Gold Rush by luker
posted on Nov 17, 08 02:20AM

The one thing the G20 did in all likelihood agree upon, and of course made no mention of to the media is that a rush to gold will be catastrophic.

Of course ... those in first will have a leg up financially on the others, but will be considered the enemy of the others ... duties and sanctions to follow such a hostile act.

A stealthy increase in reserves would be the best move ... who will be first .... Iran already heading that way ... but they are "hostile" ... Brazil probably puuting a little pressure on Venezuela to avoid the push ...

If the evntual solution is the same as FDR's new deal ... have all gold turned in, revalue it etc ... the last thing the cb's want is a big shift in its price!.

Orgy

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