GOLD 0.51% $1,391.7 gold futures

Gees Infose talking about the blind leading the blind. SP is...

  1. 6,012 Posts.
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    Gees Infose talking about the blind leading the blind.

    SP is right. Where is the gold mania? Why is it that most of Peter Schiff's hedge fund clients aren't exposed to gold? Why is it that Marc Faber gets very little or no hands showing after he asks the audience of fund managers, at a financial conference if their portfolios hold more than 5% gold?

    Answer. Because its not even close to being in a bubble. If it was they would be getting opposite feedback.

    Anyone that states gold is going up on sentiment aren't aware of the amount of money printing going on and the role gold is playing in that. Its going up for fundamental reasons.

    Leave it up to the guys who predicted gold's rise to tell you when it heads into a bubble, not the guys who said it would correct to $400 when it was at $1100.
 
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