[penelopesire]

There is no logic coming from my end...LOL...I don’t know squat about this stuff. The link below was the thread that started it all last night(and it sounded pretty scary). You might want to read it and if you can make sense of it and explain it to me..please do!! I am a complete moron when it comes to financial markets....LOL!

http://www.freerepublic.com/focus/f-news/2490710/posts

[mlocher]

I read the thread last night too, but I was leary of the source and did not take it too seriously. Now that it is in the NYP, it takes on some form of legitimacy. The only part that bothers, or worries, me is that gold has been bought and sold that does not exist. The other items, as I understand them, seem to be part of what goes on in a market, and not fraudulent.

I could see people selling their gold positions thinking they have nothing -- causing prices to drop. I could also see a lot of folks that want gold realize they have none, which could cause gold to go up. This is have an impact. But I do not see it spilling over and causing any stock meltdowns.