Meantime the gold forum 'stackers' keep quoting the 'gold experts' like Jim Willie and Peter Schiff who've been skimming them for years promising instant riches from a useless metal. And who are the biggest losers at the moment?
The XGD 'stackers', down by 38%. And then there's the gold forum goldbugs who posted 2,660 messages telling us how the banks were going to collapse. But they didn't.
All the predictions from the 'experts' about how gold would outperform with all the money printing, war in Ukraine, oil price spiking, running out of gold, inflation going through the roof have all been 100% wrong.
Anyone overexposed to gold has more than likely done themselves a serious financial injury.
Which probably accounts for why there's not many of the gold forum goldbugs left from a few years back, we've got a new audience lining up to do their dough.
https://hotcopper.com.au/threads/bank-watch.2762988/#post-17672719
