RE: Not so SHOCKING!!!!!!!!!!!!!!!! jojo57,
Well, obviously someone has to pay the bankrupted governments…..
If the fed did not follow that strategy you will see gold would be over $5000 and inflation is up to the roof. Think about the impact of such situations the streets of north america will be nothing but guns and gangs. However, if they continue that strategy they will face an assured bankruptcy of those individuals and them selfs.
We are now at the bottom and one more stupid move from the Fed and it will turn against their heads as an automatic gun with endless shuts.
One thing for sure, is the metal stock is down to the lowest levels that even does not match 40% of the physical metal prices level. and private investors should protect them self by not giving up their wealth that easy; very soon those monsters after drowning us deep down they will surface back with the normal stock prices and they are the ones making the money after all.
GLTA,
Dan