Gold, page-3401

Andy is giving the impression that if he didn't sell he hasn't lost money. This is coming from a guy who is allergic to risk thus missing one of the biggest boom stimulated by Chinese demand who is supposedly leveraged to the resource industry in his private business dealing.

If all experts are pointing to gold moving West to East but is not reflected in the POG for the last 4 years then don't you think something is wrong with this analysis? It is all about the price and nothing more from an investor's point of contention. Any manipulation can only go so far before the cappers run out of money or are we talking about some obscure entity with a bottomless pit. If so than the manipulation hs won outright and you should not fight a losing cause.

It is very well looking long term but unless one is prepared for that trapped bull patience then long term is just an excuse when one does not know what to do when valuation is continuously going against a +ve valuation. Too many investors abused this strategy and then discovered it is too late for any other action but being trapped for a very long time. If you had invested in the asx200 index for 10 years, your valuation barely moved. Just a simplistic comparison because I know the asx200 makeup has changed over the 10 year period.