I'm not obsessed at all, it's very interesting. I've been here for 15 years reading about all the crashes and awful economic crises which are going to tank the world economy and make goldbugs rich.
Have they got rich? Has gold gone to US$50,000 as per Peter Schiff? Is Fort Knox empty? Where's all the gold the Russians and Chinese have got 'stacked' we've all heard about here? How have all the predictions of the 'experts' panned out? Why haven't we run out of gold - it's been predicted here hundreds of times?
And don't goldbugs just lap up those YouTube videos by gold 'experts' making all kinds of absurd predictions, none of which have ever happened of course.
My main theme has been that overall it's a poor investment, it has its moments, but if you're relying on gold for retirement, or to make you rich, you're going to be very disappointed. Gold tanked in 2012 and it took 8 years to reach the same USD level.
And it's got no 'rent'.
- Forums
- Commodities
- GOLD
- gold
GOLD
gold futures
Add to My Watchlist
0.51%
!
$1,391.7

gold, page-131730
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online