Gold always booms before a recession and then crashes. Its the nature of the beast. All graphs of previous recessions show this pattern.
This gold price spike has been generated by falling us dollar, large debt, high unemployment, falling housing prices, middle east unstability, and european uncertainty. It has all the ingredients of a recession or should I say depression.
To say its all changed over 4yrs is wishful thinking based on your financial objectives. The market is willfully blind when it has objectives.
The old chinese proverb: The best stretegem is knowing when to quite.
- Forums
- ASX - By Stock
- gold on the cusp of a break
Gold always booms before a recession and then crashes. Its the...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online