SB2000 posted:
"Everyone believes siamseparrot that gold will trade at $1000 US oz - we will all be rich"
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Here is a reply before I put you back on ignore. Why did I take you off a few minutes ago?
How many investors made fortunes when gold went over $800 in 1980? Like normal most investors and traders will sell out too soon or jump in at the top.
You only have to read the posts on Hot Copper.
At market bottoms nearly everyone is bearish, calling prices lower and saying "don't buy." At market tops nearly everyone is bullish, calling prices higher and saying "don't miss out - buy!"
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SB2000 posted:"Everyone believes siamseparrot that gold will...
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