gold getting smashed - below $395 _+_+_+

  1. 394 Posts.
    Down she goes. Below $395. Any bets for below $390 tonight? I can't fathom out why this irrational bullishness for gold. Just accept it. Noone needs gold anymore. Gold is NOT MONEY. Money has to be plentiful, not just an amount in circulation equivalent in value to just one Dow stock, General Electric. That's why gold is not and will never be money. The gold market is also too small. It's miniscule. A little mouse. All the big players know that so they stay away from taking substantial positions.

    Nice to look at
    Nice to hold
    But if you're
    Waiting for gold to soar
    You'll grow old.
 
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