T Nation

Gold at $1600


#1

The gold rush continues, today it reached 1604. Silver is up to 40.57.


#2

Freakin sweet.

You can't print more gold.


#3

But you can mine it. Or pawn your jewelry.


#4

But this is a much better explanation of why gold is high, but Treasury yields remain so low and stable.

http://www.marketwatch.com/story/the-perfect-hedge-for-this-crisis-2011-07-18


#5

And how long do you guess you would have to dig before you came close to what Bernanke can do in 10 minutes?


#6

Just dig a hole to China.