Is gold being suppressed to help Obama's relection?

The reason I started this post is should I stockpile gold bearing Escrap until this correction is over? To me it's money in the bank.

The problem with average people is that people rarely admit they are average.

The problem with average people is 49% of them are below average.

The simple fact is the world isn't based off gold

I would say most monetary systems are based off gold or something portable and valuable IE: beads/gems.

There's the debt crisis in the Euro Zone. Trouble in the middle east.

IMHO Both of those factors should cause more wealth transfer into the security of gold driving up the price not down.

The whole point of that blog is no one can point to the cause of this correction so it has to be manipulation.
I wrote a long discussion on how gold has the same purchasing power today as 100yrs ago, it is the dollar that is becoming worthless but deleted it because it would be falling on deaf ears. I'm now glad to see some have a broader world view other than MSNBC.



I guess the mods didn't like the facepalm looks like a vacation is in my future.