Quote Originally Posted by Carl View Post
The rush out of gold (mostly paper) will be precipitated by the collapse of credit as currency and the necessity to cover debt. The price of gold will plummet.
You keep talking about this collapse of credit, but I have not heard any reason for it to collapse. The cop in charge is the bankers and they don't seem to care much about standards in accounting. The Fed has an unlimited checkbook and buys the bankers instruments at the marked up value they put on them.

What will force the Fed to sell on the market?