I love gold. I think its real money. But unfortunately the paper market is a massive overleveraged (100 - 1?) fraud. There is nowhere near enough real gold backing all that paper. And how that affects "real" prices in gold will ultimately be extremely volatile. I think your seeing some of that today. In the end the market will figure things out. In EW terms, I project a low to be sub $500 in the years to come. Then once the financial system "resets", I think you'll see a great inflation and Gold will follow accordingly.

But for now, a great "deflation" must occur first. The credit-based world must deflate first. This is what has always happened in a great credit bubble. Its never failed to deflate. This time will be no different. And this bubble is so big, we will surely say to ourselves in many years time from now: "what the hell were we thinking?"

TALO [2013-02-23 10:07]:
...
Griztam prie aukso . is tikruju daug svarbiau aukso judesiui yra ne auksas. Siuo metu aukso judesi itakoja - sidabras, O jo targetas 22-23 zona. Ten kur azijatai ismale amerikos bankus per opcijonus. Dabar tas laikas , kai amerikos bankeliai isnaudos proga nuvaryti kainas xag ten. as cia labai glaustai. bet . ne auksas yra draiveris . is silver puses eina pardavimai. indams valgyt reikia, sidabru pirkto pries metus du nepasisotinsi. Taip kad 1550 -60 laiko laikinai . bet panasu kad kita savaite rinka kels klausima ar 1500 laikys . as manau kad kita savaite 1500 neatlaikys, na gal artimiausiomis savaitemis.

TALO [2013-04-01 19:27]:
...
beje, bet kokiu atveju dabar reiketu jau pirkti auksa, su tikslu virs 2000 (kaip orentyra siuo metu reiketu naudoti DOW JONES price in gold ), laikantis nuomones kad sidabras 28 usd/oz jau viskas, ir xau/xag spredas 55 labia neisiples zemyn maks 53)

According to Dr. Paul Craig Roberts, Assistant Secretary of the Treasury under President Ronald Reagan, all of this panic selling is the result ofan orchestrated takedown of gold and silver…

This is an orchestration (the smash in gold). It’s been going on now from the beginning of April. Brokerage houses told their individual clients the word was out that hedge funds and institutional investors were going to be dumping gold and that they should get out in advance.

Then, a couple of days ago, Goldman Sachs announced there would be further departures from gold. So what they are trying to do is scare the individual investor out of bullion. Clearly there is something desperate going on…

So who is behind all of this orchestration? Well, according to Dr. Paul Craig Roberts, it is actually the Federal Reserve…

In fact, Dr. Roberts says that former Goldman Sachs trader Andrew Maguire is reporting that the Fed orchestrated the dumping of 500 tons of naked gold shorts into the market on Friday…

markus [2013-04-18 09:12]:
kaip gali laimeti pries tokius,jei jie ir nustatineja taisykles.