Re: [RT] gold zirp

["Don Ewers" <dewers@xxxxxxxxxxx>]

Chas,

Perhaps the point is that the "Bollinger Bands" are narrowing once again which means a large move is coming?

 

Look at past narrowings of the bands and what occurred next?

Don Ewers

----- Original Message -----

From: chaze@xxxxxxxxx

To: =?utf-8?b??=

Sent: Wednesday, March 10, 2010 1:10 PM

Subject: Re: [RT] gold zirp

Guess I'm the only one who doesn't understand what you are saying Kevin?

Chas

=====

Quoting Kevin B Bantz :

With world rates coming off ZIRP, in theory any FIAT would have happened and gold as money won't see $1250 until the planet 

goes back on ZIRP again in 60-90 years... Its easy to buy gold with zero interest rates, move them up to Fed Funds 2.25-2.75% EOY and gold isn't as shinny. 

Kevin B Bantz

kevinbantz@xxxxxx

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