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Gold Sinks To Near 3-Year Low As Investors Rush For Exit - VIDEO

Gold Sinks To Near 3-Year Low As Investors Rush For Exit - VIDEO

By Emiko Terazono, Jack Farchy and Dan McCrum

Gold has tumbled to its lowest level in nearly three years, putting it on track for its biggest quarterly fall since the collapse in 1971 of the Bretton Woods system of exchange rates, which pegged the value of the dollar to the precious metal.

Bankers said there had been a rush among wealthy individuals and asset managers to dump their gold holdings since Ben Bernanke, Federal Reserve chairman, last week set out for the first time a framework for the US central bank to exit its stimulus programme known as quantitative easing.

“The word at the moment is capitulation,” said Tom Kendall, precious metals analyst at Credit Suisse, adding the past week’s selling had been driven by long-term investors.

Video:
http://www.ft.com/intl/cms/s/0/9aac9378-de3f-11e2-9b47-00144...

Read more: http://www.ft.com/intl/cms/s/0/9aac9378-de3f-11e2-9b47-00144...




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Worthless shit! Sell Sell Sell!!!!

http://www.dailypaul.com/290636/fresh-jim-willie-interview

And if you have any carrots that have sprung up around your house. Pull them up! And put them in the govt trash container.

This shit has gotten out of hand. Some people are trading Carrots for Silver!

How can a Government protect us when that happens?

liars.

liars.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul