idiots who brought gold crash also brought you, page-4

Ophir,

You guys keep banging about the banksters, thugs only in your minds, a cartel that isn't there, something to keep goldbugs obsessed and to apportion blame for their losses instead of KWN, Mike Maloney, Peter Schiff ,Glenn Beck and all the other scamsters

There's a very interesting article in today's WSJ about gold and there's nothing about banksters in it.

History repeats itself all the time, and goldbugs harangue me about banging on about the 1980 crash, but the WSJ article does just that, says "it won't be different this time".

It says the 1980 gold decline heralded a new age of USD strength, employment, manufacturing, a harbinger of good times ahead.

It says:

"All this is to emphasize that the recent fall in gold prices, while surely bad news for investors who are long in hard assets, may be good news for the future".

The article also refers to recovering stockmarkets as gold deeclines.

"Happily for investors and the US economy more broadly, the dollar hit a low point in 1980 and reversed course over the next two decades. In the 1980's gold fell 52% - and the S&P zoomed upward by 222%. In the 1990's, gold declined by another 29% - and the S&P roared, up 314% for the decade."

When you finally decide to quit your gold, you'll know where to put your money, or what's left of it.