the equal sharing of misery - thursday, page-4

quantitive easing: good for gold: no, gold goes down 30%

taper/less quantitive easing: gold goes up? No, gold drops further.

At the end of the day, as Jim Rogers says: nothing has ever gone up 12 years in a row, no market, no commodity, no nothing; so what we are seeing I suppose is a continuing Gold correction regardless of qe, no qe etc.

Would love to go in heavy on some gold stocks in the hope of double, triple or more return over the next 12 months; but it could also be a 50%drop. Anyone have a crystal ball?