Gold, page-3436

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Skol

33,110 Posts.

1402

29/12/15

17:38

Post #: 16697126
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Originally posted by TrendTracker ↑

Are you following the skol theory of telling people that they have lost money when clearly they haven't? Either an investment has gone up or it hasn't - if you bought gold in 2002 you have made money on your investment.

"My dear fellow, have you heard of the time-money factor? There is a cost to money jammed into an investment that is losing valuation"

You clearly stated that the statement that gold is moving from west to east is incorrect. Unfortunately when pressed to provide any actual evidence of this, your comments have migrated towards something altogether different "So it does not matter who the buyers are but how keen are they?". Additionally you have thrown a second conspiracy talk theory at me about the "paper gold price" which I haven't mentioned.

The west is selling (via ETF and other channels) if the east isn't buying then who is? Have you looked at Chinese import statistics or the refinement of gold through Switzerland for the Asian market or alternatively have you just thought that the price is going down hence nobody is buying gold?

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West to east, east to west, who cares, the price is going down.

What's that mean to the trained mind?

In the 1980's the Japanese bought most of Hawaii and a significant chunk of the mainland, a few years later the Americans bought it back at a fraction of the price.

Last edited by Skol: 29/12/15
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