Yes it's hard to believe that the goldbugs endlessly grizzle about the alleged 'manipulation' and that it's just not fair, but they still own gold and silver.
Off the top of my head here's a few reasons why none of my hard-earned cash will be going anywhere near shiny metal:
As we approach the end game of one of the worst financial headaches in history, gold keeps declining.
It's down 20% in the last 9 months and shows all the life of a dodo.
The 'experts' like Mike Baloney seem to be adopting a very low profile.
Gold - 10 years up and now on the way down, nothing goes up forever.
The USD is trending upwards.
Gold indices are cratering, gold will follow.
The other day when no QE was announced, T-Bonds and USD went up, gold went down.
Gold mutual funds are the worst performers of 2012, down 14%, it's only a matter of time until punters lose patience.
The rupee is tanking, Indians aren't buying it, they're selling it.
not a fair game, page-21
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)