GREY:VITFF - Post by User
Comment by
justcurious1on Jan 10, 2012 9:25am
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Post# 19385467
RE: RE: RE: Juniors up when Gold comes down
RE: RE: RE: Juniors up when Gold comes down the bigger question seems to be "why are gold prices so low ?". with all the monetary issues in the world gold should be 3-4 k ! melzer's decoded was quite interesting last week. investigated fort knox and it's gold value holdings has not moved since the '70's when it was last publicly audited. concensus seems to be that fort knox is empty and also consensus is that the gold prices have been held back by the u.s. . reason, simply 1) u.s. dollar would drop like an anchor and no longer be the secure investment we are led to believe it is 2) if it were publicly acknowledged that fort knox is indeed empty american citizen's would revolt against it's gov't. the doubt continues to mount as bnn and cnbc squawk box guests continue to question the low gold prices with the monetary mess growing not only in europe but in the u.s. . state and local governments are more and more looking at bankruptcy as a way out let alone the feds.