TSX:LSG.DB - Post by User
Comment by
rallardon Nov 04, 2013 10:36am
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Post# 21873846
RE:Gold going down...down......down
RE:Gold going down...down......downYou don't happen to work for JP Morgan or Goldman eh?
Lets see the US are going to be debasing their currency over $85 billion a month forever...no problem there eh.
The LBMA has been proven to have gold leveraged 92 paper ounces for every real ounce...no problem there I guess unless more than one of those 92 people come looking for delivery. The POG is a time bomb and no manipulated chart is going to predict the impending explosion.
Not to mention China has been importing an average of 380 tons a month, I'll follow their advice they seem to have done very well the last two decades.
LSG is a producer and that production is going to be very profitable when this bubble bursts.
good luck with that investment strategy of yours following cooked charts.