Results 1 to 2 of 2

Thread: 300 tons gold sold Friday

  1. #1
    Council Member davidbfpo's Avatar
    Join Date
    Mar 2006

    Default 300 tons gold sold Friday

    AM today on BBC radio was an item on the fall in the gold price. I was stunned when one expert added three hundred tonnes of gold had entered the market on Friday, the twelfth largest holding.

    The BBC earlier ran this article, which pre-dates the sale:

    Anyone have a clue what is going on?

    I am aware that Germany wants some of its gold returned from France and the USA; this seems to be unrelated.
    Last edited by davidbfpo; 04-20-2013 at 05:29 PM.

  2. #2
    Council Member Fuchs's Avatar
    Join Date
    May 2008


    The speculators realise their gains of the last years, exploiting that enough people were stupid enough to believe in post-apocalyptic BS and considered gold as a currency for after collapse instead of as a traded scarce commodity.
    Those fools were bound to be caught like this, I told it to some years ago.

    Besides; the real currency after an economic breakdown has never been gold. Cigarettes are a much more realistic post-breakdown currency.

Tags for this Thread


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts