There is not and will not ever be a free market in precious metals again. Parameters have changed. The fiat worshipers call the shots. If anyone disagrees, explain who is going to take that power from them. While it should be the opposite, the Fed has more power than ever before. The last person to stand up to them ( Ron Paul ) found it useless and finally quit. If it ever came to where gold was fairly , it would be $10,000 an ounce and the government would just confiscate ( steal ) it.
Yeah, I believe the Marxist Curious George would go along with that but believe me, He's not calling the shots. It's way over his head. This is an obamanation going into obamageddon. America started it's death march with that POS Clinton.
China is the most significant party that will burst the balloon, but they want to delay that for as many years as they can. The German repatriation, as weak as it is, is the first visible and credible awakening that the market and media will see. Germany is considered a world leader in responsible finance, and everybody is paying attention. There are probably many other countries ready to do the same thing, and now it will be much easier to make the move. Nobody wants to be the last to sit down in a game of musical chairs, and the music just got quite a bit faster.
They can call the shots, but when we hit pandemonium mode, there will be a parabolic rise no matter what they try. I think the key will be when to get out before they decide not to pay you. Then to put all the money to use before its just paper, well, I mean... it is just paper already, but people haven't quite realized that yet.
Yup.....China is already got the takeover in motion----China's gold import for 2012 increased to just over 800 tons.......a clear DOUBLE to the 392.6 tons imported in 2011.
And the NY Boyz on the NYMEX (read that FRB) "lower" the price nearly every day, after the Chinese market pushes it up during their buying.
Isn't that nice of us to give them lower prices.........