GOLD 0.51% $1,391.7 gold futures

Dillinja,"the whole financial market is down"I don't believe I'm...

  1. 33,110 Posts.
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    Dillinja,


    "the whole financial market is down"

    I don't believe I'm 'cheerleading', as you put it, merely making some casual comments on the foolishness of being overexposed, something that the suckers who bought $1920 gold and $49 silver are currently finding out.

    The whole financial market is not down, you're quite incorrect, the DJIA has almost doubled since April 2009, not bad, only goldbugs say the world's ending, but it's not.

    The idea that the USD is crashing, and bond buying will end the world as we know it, is utter balderdash and poppycock, and the gold price decline is reflecting just that.
 
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