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 !!
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.
That is a huge amount of gold. say 40,000 US dollars a kg, do the maths.
Only if they lose the case and the contract goes back to negotiation. Its not really up to the courts to determine the terms or even if it is "fair", only the legality of the contract.
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