GOLD 0.51% $1,391.7 gold futures

gold, page-50518

  1. 33,131 Posts.
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    I do post on forums, some I'm bearish, some bullish, have a look at IVC, I've been in that for years, nice.

    As far as SBM goes it's early days, and in case you haven't noticed the gold price plunged $12 overnight. I also posted a chart to back up my theory, so it's not like I'm a goldbug or Jim Rickards predicting $10,000 gold or something.

    Yeah I am a gold bear, not a serial downramper, perhaps you'd have the decency to say that I've been right, the gold price has declined mostly for 8 years, not too bad I would have thought. I've pointed out the folly of many of the goldbug theories, you've got to be dimwitted to believe most of them, they come from the gold salesmen like Schiff, Rickards, Maloney, Sinclair, Celente, Von Greyerz and dozens of others.

    They never admit they're wrong, they blame 'manipulation' for their erroneous forecasts.

    Your notion that gold will be confiscated really is quite eccentric, no one cares about gold, there's not enough gold in the world to make a difference to major currencies, that really is quite loony and I'm pretty sure most will agree with me on that one. In the event of the big crash the gold price will dive if the Great Depression is any indication, the silver price crashed 25%.

    I shouldn't have to tell you this, but you can't eat gold.

    Let me know if you'd like another SBM chart, because I won't be buying it, unless it's much lower than where it is now.
    Last edited by Skol: 09/05/19
 
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