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Old 06-22-2013, 12:49 PM   #537
Arkie
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Quote:
Originally Posted by DenverBrit View Post
Christ, you miss the obvious even when it's a chart. Gold followed it's normal trajectory after a crisis or event of that magnitude. There was no manipulation, it was an historical norm, you are one clueless idiot.
9/11 had very little to do with gold's trajectory. It slowly went up about $25/yr after 9/11. It was around 2006 when more and more savvy investors began to see the upcoming financial crisis that accelerated the rise in gold. It was becoming clear that quantitative easing was inevitable, that government would have to pick winners and losers, that the debt ceiling would have to rise higher and more frequently, etc. Our economic model is flawed. The markets will crash if they pull back on QE, but that can't go on forever. The debt will only decline through inflation or default, and both make gold more expensive.
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