Ron Paul Talks About The Drop In Gold & How He Is Still Buying Gold

[Prince.Skeletor]

One unusual thing, maybe: "There's only one thing I someday hope I can find out. There were 53,000 contracts of gold sold immediately, in one sweep, the day that gold really crashed. Fifty-three thousand is huge, because the gold market is very small. Let's say we're a Chinese bank. We want to dump our treasuries and our dollars; we have $2 billion. You don't dump 'em in one day, because you lose your investment. The person who was getting rid of 53,000 contracts, why would they do that? If they wanted to just wean themselves off, they would have done it slowly."

Gold price decline: Ron Paul isn't worried.

 

[TLR Is Mental Poison]

The value of the dollar is a subjective thing, it comes and goes, and there are a thousand different reasons why the values go up and down.

And the value of gold isn't????

Someone from another board made this graph

"the weak holders had to get out, and the strong holders are back and buying."

 

[Prince.Skeletor]

that image you posted is stupid as hell
Whoever did that pic does not understand inflation or even acknoledge it's existance

 

[Domingo Halliburton]

Ron Paul pissed he got a margin call