Originally Posted by MacLorry
Fox News: Are We About to See a Global Gold Selling Spree?

If the price goes down a few hundred bucks per ounce then I hope the Fed creates some more money out of thin air to buy gold. That will keep the price up, and if there's a finical crisis in the future they can sell the gold then. Interesting how the Fed can seemingly create gold out of thin air. Of course, central banks have been doing that for a long time.
Who wants it to go up? This was engineered because the central banks wanted to add more gold to their inventories at fire sale prices before the dollar collapses. The smart folks are taking advantage. It won't last long.