[arete]

"Something had to be done and, over the next two days, the dollar soared and gold dropped like a dead duck. The intervention was obvious."

The trend of a higher dollar and lower gold is continuing today. Central Banks are defending the dollar. Pure manipulation to prop up a couple of corrupt banks and keep people in the funny paper issued by the NYSE.

Richard W.

[arete]

I have to wonder how long they will continue to support the stock market by selling gold and buying dollars. This is a pretty big intervention and not just the FED. Maybe worries about a global crash.

Richard W.

[Grig]

Sound like a good time to buy gold to me.

[junta]

"Buy the dips" (Gold that is).