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02/07/15
20:11
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Originally posted by AndyIgo
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Hi Einstein and all,
It’s most gracious of you to allow me and others to think what they like in regards to Gold.
With your belief that Gold is headed down to $500.00 per ounce it sounds like you are about to make a small fortune in your Gold trading. I know if I was as cock sure as you are I would be shorting Gold with all the cash I could lay my hands on.
Please share with us how you are currently positioned in Gold and allow us to watch just how marvelous a trader you are. We brainwashed lemmings are always willing to learn from someone who is a legend in his own mind.
The Gold I bought back in 2002 for $300.00 can currently be sold for around AUD $1,520.00 and that just happens to be a fact that I thought any realist would be able to appreciate.
The value placed on Gold can be a difficult concept to understand and not everyone gets it, it’s a bit like my belief that wealth comes from surplus production when so many central bankers think it can be printed out of fresh air. I guess one day we will see who is correct.
Cheers and very best regards: Andy
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OK folks, that about wraps up the arguments against einstein's prediction of $500 gold, which is even more stupid than the "famous" skol $600 prediction. Einstein could offer no fundamentals which might result in $500 gold, but simply let his bias, based on ignorance, show.
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