pascoe-meter update, page-27

Skol, why should I believe anything you post about gold? You failed miserably with your US$450 gold prediction downramp, post 7398, on the 3rd. May last year when gold was around US$1200.

"I'd say more like $450 myself.
The correct inflation adjusted value.
The rest is all hype and herd instinct."

It's not as if gold has even been moving in your direction. Gold has increased 25% and mocked yet again a typically baseless, unsubstantiated downramp showing imo minimal to no understanding of what moves the gold price.

Skol, maybe you have thought about placing any savings you might have in a US dollar bank account?

How about the "Growth Cash Maximizer" with Bank of America? The page title is "High Interest Savings Accounts." For $2.5 million of savings Bank of America will give you a "Growth Cash Maximizer" interest rate of 0.40%.

http://www.bankofamerica.com/deposits/checksave/index.cfm?template=growth_cashmax&context=tabpage_Rates_Fees

Isn't that what we call "safe" investing?

Surely you'd have to agree that it makes more sense for a millionaire to deposit $2.5 million dollars in the Bank of America's "Growth Cash Maximizer" account and earn 0.40% interest than investing in gold?