CCU 0.00% 5.8¢ cobar consolidated resources limited

abc news says do not buy gold and silver, page-3

  1. 984 Posts.
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    I saw that too, Alan Kohler said gold and silver had started correcting! Huh? The gold dip has been bought and silver hit US$33 earlier yesterday, a 30 year high - just where does Kohler get his market data from?

    Silver could get smashed back to US$30 I suppose bit blink and you'd miss it because the dip will be bought and we'd be back to 30 year highs in no time.

    A while back Kohler wrote a piece where he seemed to "get" gold but clearly he has no handle on the phenomenal demand and scarcity of supply. Until someone like him does there is absolutely no reason to sell.
 
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