MEh the bankers can end a recession in as quick a manner as they created it. There is nothing you can do. You have no control or any REAL choices when playing their game, by their rules on their game board with them enforcing the rules. I feel it’s already too late to even buy gold.
Im gonna try a different approach to this. Once the recession is over and the market starts to climb, Gold will drop. When it hits lows, THEN will be the time to buy it. In other words, i want to go against the trends in investing and not with the trends.
Then when the markets starts to retract for another recession gold will raise in value and when it peaks it will be time to sell it and acquire alot of stocks for pennies on the dollar. Once the market rises sell and shares and go into the now again cheaper gold/precious metals.
The forces that held gold down are being crushed by the Chinese:
"The second big announcement is that the Hong Kong Monetary Authority has built its own high-tech vault to store its own gold, and they just requested delivery. Up to this point, the Chinese gold had been stored and vaulted in London, England. So now the Chinese are requesting their gold be shipped from London to their new vault in Hong Kong. This has major implications because this is a large amount of physical gold, and I think what it’s going to do is begin to expose the naked shorts who have been playing this game with the gold and silver markets, trying to keep a cap on the prices. So this is a major, major development.
TGR: Why would moving gold from one vault to another vault expose the naked shorts?
GM: Because they won’t have access to that gold. In other words, the shorts, in order to keep a lid on the gold prices, can’t control the gold price. This goes into the manipulation. I don’t talk about this too much just because, to me, it really doesn’t matter. In the end, manipulation never works and free markets eventually overcome any manipulative activity, and gold and silver will go to where they’re going to go. But in this case, the way they’ve been able to play this game over the yearsÃ¢??and it’s been going on for a long timeÃ¢??the manipulation crowd could short paper contracts of gold and silver with huge amount of paper contracts. They didn’t have the physical metal to deliver in case the longs decided they wanted delivery. They would get caught if they didn’t have enough physical metal to meet those demands."
OH this will be fun. I can’t wait to see what happens next. The golden rule is, the one with the gold makes the rules.
So now London will loose possession of physical gold. That makes me wonder how much if any gold is left in our vault, Fort Knox.