No, I did not lose a lot of money on gold, and that's often been posted here by eccentric goldbugs - I was invited to stay here by goldbugs after entering a debate on gold about 2011 and surmising that it was due for a crash.....which actually occurred as you're no doubt aware.
I'm not anti-gold, I couldn't care less about it, I have units in a natural resources fund which owns gold miners. Goldbugs hate me debating the other side of the coin, that is that gold, a metal that has no utility except to store in a vault, is not worth thousands more than its current value.
And goldbugs lap up the absurd predictions of the gold 'expert's like Peter Schiff, Jim Rickards and Egon Von Greyerz, none of whose predictions have even remotely come true. But they sell gold bars, so they've got vested interest in spoon feeding end-of-times BS to those that are easily parted with their hard-earned cash.
- Forums
- Commodities
- GOLD
- gold
gold, page-85600
- There are more pages in this discussion • 40,926 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
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online