Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

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iShares 1-10 Year Laddered Government Bond Idx ETF > The smart money is now buying gold.

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Post by nagyonokos on Jul 19, 2005 9:35pm

The smart money is now buying gold.

Aden sisters; very wise! by: glaciernine 07/19/05 09:40 am Msg: 564793 of 564963 Read their kitco message of 13 July. "The smart money is now buying gold as an alternative to paper currencies." Now HOW does "smart money" do that? They want the price to "come in" to them so they do some low volume price bashing while 'holding the basket.' Not illegal. Every good 'pool operator' knows this since the buttonwood days of "watered stock" etc. They also play the "Plunge Protection Team" for suckers by buying their (usually short) dumpings. As the sisters point out, Sir Alan Greenspan himself, when in his more realistic private sector days (@Townsend Greenspan) said it very succinctly (now very unusual in his eco-babble): "In the absence of a gold standard, there is no safe store of value." Very best,

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