goldbugs, smart money people, tell me what stopping gold sales means

[Buster]

Buster most are physical holds but some are "investments backed by gold" like money used to be

Do you know if any of the major "players" have shorted gold in a big way
I used to try to keep up with "things" but there is too much happening too quickly for me to keep up any more

[Matt In Oklahoma]

As far as I know there is no shortage, just a strong supply and demand. They put in gold coin machines in several places where the lifestyles of the rich and shameless live http://www.itechdiary.com/gold-coin-...abu-dhabi.html is one such place.

[eeyore]

You don't need to be a gambler, Bounty Hunter

if i was a gambler,i would bet and give odds that the US gold reserves that are SUPPOSED to be in Ft Knox are not there..i saw in fox news the other day there is a senator (dont remember which one) that is demanding an audit of Ft Knox gold. It hasnt been audited since back in 50s in Ike's days.

It does not look good,

[Boyd]

It means that the people running things are no longer confident that there are enough ******s to buy into their fiat money scheme. If the general public stops taking their toilet paper, they want to be the ones holding the gold. There was an economist on Coast to Coast tonight, and he said that right now, you need to be out of debt. It was interesting in that he said the first thing you should do is pay off your car. They can repossess your house or any other tangible asset that's not paid off. They can NOT repossess the food in your refrigerator or pantry or under your bed. He said if you can't afford to buy gold, buy food. The dollar you spend right now will be worth a lot more in a year if the economy goes away. I tried to stay away from gold, mainly because I think it's going to be a problem to trade later. You want to trade an ounce of gold for a chicken? Silver makes more sense to me, preferably in one ounce chunks. That ten ounce bar may be easier to keep track of, but again, I don't want to try to trade with it.

I agree with this, but you can't eat gold ... ;)

[monkeybird]

Today, at 0855, Gold is up to $1331.60. The fact that its rising so fast even gold dealers have a hard time keeping up with it should be sounding alarm bells! People buy gold when they are anxious or worried. It's the investment of last resort.