I've been following the gold market since 2003 and read all kinds of historical stats. One of my friends used to be a huge gold bull and taught me a lot as well.
You sound like those blokes that reads gold-eagle.com and takes it as facts/gospel.
Wasn't gold supposed to surge on the news that two small banks failed in the US? You told H/C this right?
Are you this woteva bloke? Gold going to $5000+, gold stocks like Monarch Gold will surge? He told all his mates gold and gold stocks are the way to go.
To the previous poster...risk to reward. Stocks have, throughout history, always outperformed. Holders have been carnaged but the market will rally before the economy turns around, this is a fact.
The more stocks fall the better of a buy they become, we all know this.
You either buy a real business at bargain prices or gold, as you would.
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