GOLD 0.51% $1,391.7 gold futures

“ Should be reported”. Why? The point made in the post is very...

  1. 2,397 Posts.
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    “ Should be reported”. Why? The point made in the post is very simple. This thread is full of posters who know the future..they know that Gold will be $1300 by Monday, that Silver will never see $17 again, that China,Russia and all Central Banks are buying Gold with their ears pinned back, that there is a shortage of Gold etc,etc.
    The truth is that this ‘knowledge ‘ is gained from folk who have a similar view of the world to themselves.
    There are a whole bunch of posters who confuse belief with knowledge. To see this phenomenon in action check out the Slater and Gordon thread, the Atlas Iron thread and many,many others.
    Posters can provide as many reasons as they wish...and some may well be valid, for Gold to rise however traders must use that which the Market throws up at them at this point in time. One poster here recently said that there are better sectors to be investing in at this time: I agree. Gold will have its day in the sun however no mortal knows when this will be. Until this day dawns why be involved ?
 
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