Quote from: cypherdoc on August 24, 2011, 01:56:51 PM

Quote from: Ten98 on August 24, 2011, 07:42:19 AM

At this point the Fed is simply waiting to pull the trigger on Quantative Easing round 3, the only bullet left in their arsenal in the fight against recession. When that happens, gold will go crazy.

THIS is your investment thesis? Depending on what you think the Fed will do?

Quote from: cypherdoc on August 24, 2011, 04:53:46 PM

the waves of bad news for gold will keep coming over the coming months. it will start perhaps with the lack of any meaningful QE from Jackson Hole. then next months Comex opex will disappoint. then the USD will start ramping. then even (get this) an announcement from Ben that the Fed has decided to RAISE interest rates despite what they said.

"THIS is your investment thesis? Depending on what you think the Fed will do?"

Whatever you do, don't sell your physical gold.