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SPDR Gold Shares Message Board

  • cde_biscuit cde_biscuit Nov 17, 2009 6:04 PM Flag

    gold is as screwed up as housing

    in both cases, banksters ran unchecked for years (although in different directions). I don't think gold can be fixed, the banksters broke it for too long, gold production is now in terminal decline with lower grades and into ever- increasing energy costs, and no one wants to work in mining anymore.

    The Federal Reserve is admitting they screwed up on gold with the rising gold price. Don't expect a formal apology, you won't get it.

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