GOLD 0.51% $1,391.7 gold futures

While some may laugh at this question, it appears many on this...

  1. 1,730 Posts.
    While some may laugh at this question, it appears many on this gold thread still believe gold is in a long term bull run. My question to you is, in a non-flamming way, at what price will you concede that the gold run is over? I'm talking $US pricing, not offset $AUS.

    I believe it was over many months ago. I think the next major leg down has started and will go below $600. Now before you class me as another gold hater, I'm not. I think $US gold "should" be $2000 but it's not. I don't want to go broke from being "right". From observation and partly on logic it was clear to me that I had to abort my belief. That's where some gold bugs differ, they always "believe" and will always defend gold, at any cost. I prefer to defend my money.

    Anyone like to comment? Feel free.



 
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