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Gypsy
Member since May 2012
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And Yet Another One Bites the Dust

- Adam Brochert - Gold Versus Paper

Your common-sense-explanation of our economic variables reads very logical to me; except the words "the weak hands" in gold. I don't think weak hands get into gold. I think there are some wildly speculative buyers of gold who expected their "I want it NOW" worth to appreciate by using the gold market. I think a lot of those ineptly vacillating hands and are in the drug markets now. No, not the pharmaceutical markets; that other one.

Commented 4589 days ago

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Beginning of the headline : To all those who say that deflationary collapses cannot happen in paper monetary systems, I ask you: don't the PIIGS-ies of Europe count? Because they're all falling, one right after the other, like dominoes.Today, the Spanish stock market ($SMSI) closed below its spring, 2009 lows.Here's a 5 year weekly chart through today's close: Spain joins Greece, Portugal and Italy in slow motion deflationary stock market crashes... Read More

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