GOLD 0.51% $1,391.7 gold futures

Resident gold 'expert' All4One says 'trolls', whoever they are,...

  1. 32,842 Posts.
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    Resident gold 'expert' All4One says 'trolls', whoever they are, are incorrect to forecast a price below the cost of production.
    Maybe he hasn't been around that long, because all he has to do is check the price of uranium, which is currently below the cost of production and accordingly, mines are closing.

    Uranium's consumed as well, so when stockpiles fall we'll see the price rise, but gold isn't consumed, all the gold ever mined is still here and gold owners can recycle it.

    All4One is obviously very put out that the price of gold hasn' responded as he's endlessly predicted and nor will it, more than likely gold has entered a protracted bear market, the average peak to bottom for gold is 19 years.

    All4One says 'trolls' like myself are very strange people, but I'm right and he's wrong, so ask yourself who's strange.
 
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