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Dabble010

4,954 Posts.

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18/03/25

19:31

Post #: 78317078
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Originally posted by Skol: ↑

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'.

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And what about your absurd parroted highly biased pretend TA predictions of gold tanking which has spanned over the past decade now?

Given the current price it's proved you to be utterly wrong!

Last edited by Dabble010: 18/03/25
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