Hi all,

I am trying to get my head around this gold backwardization stuff.

If it means I get all my money back and then get to make some, I'm all for it! :)

Seriously though, this Feteke guy sounds credible, but I am confused about possible timelines here.

In the following article: http://www.minyanville.com/articles/...

the author seems to suggest that we could see a significant rise in gold (over 1200) fairly soon (within a month or two) in relation to gold backwardization.

Does any kind soul have a quick explanation of the significance of gold backwardization in layman's terms? Or is this another dream scenario like the default of the COMEX is seeming to be.

Thanks again for input from you all; I am trying to learn through all of this, and your information and opinions are much appreciated.

stone