some things do not make sense to me - or do they !!!!!
I keep on hearing that GOLD is going to be the currency used to determine the revaluation when it happens. From what I have read it seems to me that most countries have sold off most through the years or have very little in comparison to other countries. Because gold never rose and the Gurus stated "gold" we all thought they were lying, been mislead or we were looking MANY years into the future. How then can this be used now or ever with the current situations the way it appears - what could change the situation.
Yet gold plunged for the longest time without any reasoning that anyone could explain to me. Now all of a sudden it has risen alot in just in the last 10 days. Why were precious metals so cheap for so long in really bad times.
Obviously - everything is manipulated by governments but why then and now.
Is it possible that the low price was used as a means of replenishing the countries of the world with gold at a discount price and when finished (now) it is allowed to go up again.
I remember Kramer on CNBC stating that gold should be at $5000 a ounce awhile ago and now he seems confused on Gold. Explanations given do not seem logical to me. If gold is to go on a tear then everyone has to be loaded before it happens.
Does gold going up signify the end is in sight. The redistribution of the worlds supply of Gold has concluded.
anyone have any thoughts on this.
Mike