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Crom Valen

44,246 Posts.

2012

21/08/18

15:59

Post #: 35068661
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Originally posted by Skol ↑

No one can predict what's around the corner, but unlike listed companies, which have a P/E, annual reports and profit/losses, gold has a big fat zero, even a cow or a sheep has a return and a comparable price.

Trump's a loose cannon, the Fed won't take any notice of that motor mouth, there's more rate rises on the horizon.

The GFC affected a lot of speculators, but not those that had little debt. I thought the GFC would affect the aviation business which I was in at the time, but it didn't miss a beat.

If Trump mouths off about the USD, then stocks will continue their relentless climb upwards. Remember all those gold and silver vultures like Schiff and Rickards, predicting a massive economic and financial crisis, every few months. But it hasn't happened, nor will it. They ought to be thoroughly ashamed of themselves, but they're not.
There's a gold conference soon in Perth, waste your money and listen to Jeff Berwick. Note the date.

Jeff Berwick, The Dollar Vigilante: The End Of The Monetary System As We Know It

POSTED ON NOVEMBER 20, 2013 BY GLENN

Maybe tomorrow we'll see a new all time high in the S+P.

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No one can predict what's around the corner

predicting a massive economic and financial crisis, every few months. But it hasn't happened, nor will it.

You can't spot the inherent contradiction here?
4 Upvote

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