The most gold seems to be inside of the earth. In liquid form. So, there is enough for everybody. Just sell it and I will buy, because I am a philanthropist, lol.
No, seriously I do not think DC will forbid to invest in gold. At least not now. I guess they do it because they believe they have the right to be mothering everybody. They love cuddly citizen who pay tax, don’t think and do what they want.
Damn I knew I should have shorted Gold or Silver or both because of this
I think it would’ve been the right move for the wrong reason if you’d done that. The drop was more down to liquidity needs for large hedge funds and the like who were liquidating their established long positions when the stock markets were taking a beating and USD was rising. They were probably concerned about what might happen once QE2 ends and calling back cash to have on hand. While physical gold is nice to have paper is king for those sorts of institutions.