GOLD 0.51% $1,391.7 gold futures

the collapse of etf gold - paper gold, page-58

  1. 3,971 Posts.
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    Hi Biggle’s and all,

    “You like to 'insure' yourself with gold? A 30% decline this year sounds like you've taken out the wrong policy.”

    My insurance policy isn’t to too bad as far as I can see including the current 30% set back sine 2002 until the end of 2013 it’s made an annual increase of around 13%.

    Tell me where I can get such a gain on another insurance policy and I may listen until then just keep bumping your gums if you wish.

    Have you calculated how much you might have made shorting Gold being so cock sure of the price movement or do you find constant gloating a better way of spending your time than making money. Or as my dear old Dad would have said what’s the point of having brains if you’re not going to put them to use!

    I don’t think like you if, I’m not busy making money I’m normally fishing or doing something I enjoy but I guess each to their own.. I just hope readers here value your input accordingly.

    I just know one of us sweats humping bags in the baggage hall on the time clock for the man and one of us is the man enjoying retirement and fishing around the world.

    Or to put it very bluntly if you are so much smarter than me how come you can’t afford to stop working and live the kind of life I do.

    Cheers and very best regards: Andy
 
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