Ponce
27th June 2013, 02:59 PM
Nothing more than another legal "theft" to take away what belongs to the American people and make us eat dust.
You must educate yourself to read between the lines to see what is really going on an as to what will be the final solution for this country or ours.
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ETFs continue to be stripped of gold and the bullion banks continue selling the gold overseas when they can arbitrage the price.
So investors just need to sit tight and ride this out because available physical supplies of gold are dwindling rapidly….
We are at or very near the bottom because gold has now tumbled below the cash cost of production for the mining industry.
So almost nobody is making money mining gold at these prices.
As gold falls below the average “cash cost” it begins to get very dire and we start to see mines close.
I have just seen two operations close without any notice in the last couple of days.
http://1newsjunkie.blogspot.com/ .........many more stories.
You must educate yourself to read between the lines to see what is really going on an as to what will be the final solution for this country or ours.
================================================== ======
ETFs continue to be stripped of gold and the bullion banks continue selling the gold overseas when they can arbitrage the price.
So investors just need to sit tight and ride this out because available physical supplies of gold are dwindling rapidly….
We are at or very near the bottom because gold has now tumbled below the cash cost of production for the mining industry.
So almost nobody is making money mining gold at these prices.
As gold falls below the average “cash cost” it begins to get very dire and we start to see mines close.
I have just seen two operations close without any notice in the last couple of days.
http://1newsjunkie.blogspot.com/ .........many more stories.