Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
Gold prices are a function of supply and demand. If people lose all their money in stock market and lose their jobs buying gold is the last thing on their mind.
Gold will rise only if the government floods the market with $$$. The Feds are stingy with cash – they did back out the initial program to buy troubled assets. Of course they reversed course with Citicorp.
It is not like the banks are freely lending money.
