TSX:LSG.DB - Post by User
Comment by
baranjaon Dec 25, 2013 12:38pm
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Post# 22037745
RE:RE:Ouch.. today 10 year yield almost 3%- panic soon?
RE:RE:Ouch.. today 10 year yield almost 3%- panic soon? Sure.. up to you..Honestly, I would like this share bit cheeper so I can purchase a lot more,... but I am not sure if we gonna see it that low any more. I believe they can put Gold price to zero, very easy, just entry in their trading computer and there you go.. zero, or perhaps do some naked short selliing of gazzilion contracts of the gold they don't have,.. but there will be no gold left.
I would like to point out something very important here.
10 year bond yield is going up. Do you know what that means?
Also, China, India, Russia and now (guess who) Saudi Arabia started to buy massive amonts of gold.. not just Government but average people too. What does it tell you?
First time now, masmedia started questioning gold manipuation and start asking how to stop it,. read last bloomberg coment on gold.
Think carefully, if everybody knows they will crush "gold price", and they know it will go back up.. everybody will wait for that to happen,.. ask yourself,. will there be anything bo buy? Will there be any stock to be purchased.. or you gona get "that amount of shares not available for sale"..