
Originally Posted by
Melonie
^^^ not likely. Gold is clearly in an upward trend, with the rise in price requiring central bank sales of gold to be temporarily halted. On the other hand the S&P is clearly in a downward trend, with the decline requiring hundreds of billions of dollars worth of central bank 'cash injections' to be temporarily halted. The fundamental difference of course is that central banks can print up an infinite amount of new 'cash' to inject, but they cannot print up additional gold to sell !!!
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