Has everyone noticed that there's been a lot of spruking of lower gold prices!
For example; I was in the car park the other day and ran into a fella who I have spoken to a couple of months ago warning me "BEWARE of a massive drop in the price of gold." When I saw him again he said "See I told you so!!" I didn't go into much more on the subject but I was thinking to myself so he must be calling the bottom of that move now then? I never thought it dropped that much in the first place or that it was a massive drop. One thing for sure, the US will need trillions upon trillions to get out of this predicament now. I don't think people are moving away from hard assets anyway.I think it's just a shake out to get the last of the suckers out of position. I am staying put ATM and will add WMX as I can afford them. I think they are cheap at these current prices. I have kept some powder dry for these times! Just my opinion.
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