Sunday, June 30, 2013

James Rickards: Currency Wars & $7000 Gold

Citi: Are Gold And Silver Finding A Bottom?

"New Bull Legs are born when the last Bull is throwing into the towel. Chinese liquidity squeeze has ignited the latest round of selling in Paper Gold - Banks are selling what is the most liquid there now. COMEX has got another chance to survive and replenish its inventories on the cheap now. Never Fight The FED!? We should just wait for the revelations of Gold market Manipulation after LIBOR and FOREX manipulations has been exposed. MF Global case could be the first sign of things to come now."

Enhanced by Zemanta
Post a Comment