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Posted last night:

Why Gold's Decline Is Accelerating?

[cuban leaf]

Wow! Time to buy. It’s at $28 right now.

[combat_boots]

“The Point of No Return”
http://www.youtube.com/watch?v=qBYoarsGLXc&feature=related

[Electric Graffiti]

Time to buy.......Gold will be on par with the Dow when it crashes to 3000.

[BfloGuy]

Hyperinflation was never coming. It’s still not coming.

There was a good chance that it was coming. I agree that it's not coming now. With Bernanke and the EU ready to print several trillion more dollars and euros, it still might come down the road.

Money does matter. It is not, as some believe, neutral.

People who buy precious metals should understand that they may be a longer-term hedge than they thought. With a world-wide fiat money system cranking out liquidity at ever-faster rates, it is not foolish at all to plan for a collapse.

[Centurion2000]

Idiot Author. PM's crash is an example of delverageing and a credit crunch brought on by the massive need for liquidity and capitalization by banks. Banks were expecting a massive FOMC announcement of QE3 and priced it in.

Margin calls and liquidation explains all of the drops in PM's lately and it's a pretty pathetic attempt to scare money back into the USD and treasuries.

The REALLY smart money will hold their PM's and wait for the inevitable bounceback after the Pan Asian Gold Exchange opens in October.

If you invested in paper PM's (ETF's, SLV, GLD, margin accounts) you completely missed the point of having PM's.

If you don't HOLD it in your hand you don't OWN it completely.

[Sawdring]

I tried to buy American Eagle 1 oz. coins today and the dealer wouldn’t sell any. He said he bought a large quantity at $41 and wouldn’t sell at today’s prices.