Centamin Egypt Forum

Sounds like the fed has bought back enough yellow metal on the cheap to satisfy its currency value for the short term. be interesting for the next few weeks to watch the price and when they decide to to dump it all again

Pity the lse guys an gals dont seem to use this site more along with iii would broaden views , and widen knowlege base !!!

Re, Court date. It has been quite clear the final is not before April 2015, this has been re-iterated by CEO Joseph on more than one occasion. This sounds realistic the way the courts work, not just there in my experience.

The idea is that they have a vested interest in keeping the price of gold as low as possible, thus taking away one of the barometers of financial mayhem. The theory goes that they have been secretly selling the reserve for at least 30 years and thus suppressing the price as much as possible. This may or may not include selling the reserves of other nations that the Fed holds in trust, like Germany, hence the long repatriation charade.

The US is already in technical bankruptcy as the total of their assets is outweighed by all present and future liabilities. Only the hope of further exponential growth can save the dollar. I would not bet on that.

RE China gold. This ts all old news and views. As for the yanks gold reserves ,they refuse an audit, Read Have the usa any gold, again old potatoes. Could be the fed does everything it can to keep prices low ,So they can buy back as much as poss , Manipulation of course .but it goes on in the ftse every day, The fed most certainly not change its stance, That would be the death of the dollar and QE. The States would be bankrupt .though it most likely is now. Then would come total world trading caos, End of sermon !!

Good night all have good week

44,8 typo cause cerveso 82 cents litre

Stop worrying .pc went down wallet stolen with cards, in mallorca, still here. survived an got my 20k at 47,8, result happy,Bound t go down now !!

No need as long as the mine remains open. Keep calm and carry on mining.