RE:RE:if POGPowermano7 wrote: Well lets not foreget that executives get paid big money if they make a profit or not, if the sp is up or down, if they do a good job or not, or even if you like them or not. DF
sure .... i include execs pay in the whole equasion, if miners cant turn a profit they are not going to sell at $2k-$2100
theyneed to get together and form an OPEC or better yet a BIRKS type of alliance and say enough is enough we are no longer going to let the Paper market controll our destiny's .....you goys go ahead and do your paper trades if you like but if you want the actual pysical stuff you will have to pay 20%..30%...50%... more or go fly a kite!!!!!
emagine what would happen iff all miners or even just 50-60% of them said we are not selling any physical gold for 1 week ........gold would be at $3000+ an oz pretty quickly and up from there....
its not even such an outlandish scenario you just need the big guys on board and stuff would happen pretty quickly
really dont know why they dont get together on this???