Post
Topic
Board Economics
Re: Gold: I smell a trap
by
MatthewLM
on 02/10/2011, 16:56:15 UTC
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as a US citizen of course most of my wealth is in USD's.

I bet most Americans have their wealth outside of notes, only having a few in their wallets/purses.

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if UST's sell off, its possible this will drive the USD even higher and faster and gold/silver straight down into the dumps.  wouldn't that be something?

Investors have assets in mind for "safety" or "I have no idea where else to put the money". If USTs go, then gold and silver will see more buying.

Have you commented on the COMEX destruction along with PM manipulation which would occur if the debt collapses?