TSX:LSG.DB - Post by User
Comment by
lornon Jun 22, 2009 10:20am
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Post# 16088475
RE: Gold Price
RE: Gold Price Governments and Central bankers are really smashing down the price of gold last few sessions...you would think that with all the world turmoil gold price would rise...Not so...very easy for the powers that be to sell paper gold to get price down. If dollar really fails bankers and governments would never come good for paper gold so they are free to do as they wish.... Not good for us Lakeshare Gold folks.
Maybe some day government will want to back their paper...fiat..money with gold...just dreaming.