GOLD 0.51% $1,391.7 gold futures

surely the brakes have to be released - soon, page-4

  1. 33,126 Posts.
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    F/head,

    I like to think that the dudes I'm debating with here are educated individuals, not relying on 'hope' to make some money. Hope isn't a viable investment strategy.

    The idea that there's a worldwide conspiracy to defraud the goldbugs is so looney that those that believe in it need to take a long hard look at themselves.

    It's well known that in the goldbug community paranoia is rife, it's always someone elses fault.

    Anyway, I certainly wouldn't be 'backing the truck up' at the moment because gold's $70 away from a major fall.

    Yes, I'm an optimist myself, shares have been a lousy punt for 10 years, and gold's been a good punt for some reason I can't fathom. The world won't descend into chaos, believe me, despite what you may have read here for the last few years. It just hasn't happened.

    Shares (except gold) are a good punt ATM.

    Cheers
 
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