analyst says watch out for gold bear
 

http://videoplayer.thestreet.com/?cl...sh&bitrate=300

I think he means central bank action as in they will start unloading gold. Hes not saying that outright though.

Re: analyst says watch out for gold bear
 

Yawn. We've been hearing this routinely as gold has marched from $350 to $700.

All of the central banks of the world combined have a total of 800 million ounces of gold. If they were to sell it all, that comes to about 0.12 ounces per person on the planet.

And about a quarter of it (allegedly) is held by the U.S. whom I don't see as sellers.

Re: analyst says watch out for gold bear
 

it kept it down in the 300s for quite a while too. i remember back when I used to read the WSJ. the big central banks were dumping it regular-like.

dont think they don't have more to dump if TPTB want it that way

Re: analyst says watch out for gold bear
 

did the cpi number come out yet today?