We just closed out the worst quarter in history in the DOW, yet gold is up about 4%. EB Tucker stated that in a bear market you are not trying to get rich with gold, you are trying to lose less. So gold really did it’s job. Exactly what investors want it to do is to preserve wealth. He thinks we are going into a time of the haves and the have nots. The haves are the people with physical gold and the have nots are gonna be the people with paper gold(etfs) They also discussed the price differences in NY vs London with a spread as high as 70$. What this proves is that the people that have been talking about precious metals manipulation are not as crazy as many once thought. There is up to 100 ounces of paper gold trading for every one ounce of real gold in NY vaults. Does any of this sound familiar? Like the bank loaning policies?