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29-03-2013, 09:50 AM
#4481
 Originally Posted by Skol
Yes and there's no rioting, gold and silver are falling, all going according to plan.
That must be disappointing for the goldbugs.
''All going according to plan''--Im sure those in high places would find that a bad joke Its one desperate move after another to avert the next crises
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03-04-2013, 12:51 PM
#4482
GDX -4.2%
GDXJ -4.4%
HUI -4.2%
XGD -3.45%
The end game is approaching.
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03-04-2013, 02:38 PM
#4483
"The time to buy gold stocks is when nobody wants to buy them... when even you don't want to buy them."
think this is where we are at currently or at least very close to the bottom in many well run Goldies
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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03-04-2013, 02:55 PM
#4484
Originally Posted by JBmurc
"The time to buy gold stocks is when nobody wants to buy them... when even you don't want to buy them."
think this is where we are at currently or at least very close to the bottom in many well run Goldies
Goldbugs have said that for coming up 2 years, but it keeps going lower, and it's gonna go MUCH lower.
Gold $1565
Silver $27.05
Last edited by Skol; 03-04-2013 at 02:56 PM.
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04-04-2013, 08:43 AM
#4485
All the easy money is going into the share market for now--something had to give
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04-04-2013, 08:52 AM
#4486
Originally Posted by skid
All the easy money is going into the share market for now--something had to give
Gold, silver and all the PM indexes taking a thrashing, we're a long way from the bottom.
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06-04-2013, 08:22 AM
#4487
Originally Posted by Skol
Gold, silver and all the PM indexes taking a thrashing, we're a long way from the bottom.
Look at gold now, Skol, back to US$1580 in just a few hours, perhaps on news that Japan is going to devalue its currency too, to make its exports more appealing.http://www.ino.com/blog/2013/04/toda...e-u-s-economy/
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06-04-2013, 08:25 AM
#4488
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06-04-2013, 09:12 AM
#4489
EZ,
Yes, seems to be great excitement by goldbugs worldwide that the 'bottom's in'.
They've been saying that all the way down. Jim Sinclair, the most hatemailed man in the world is telling goldbugs to throw everything they've got at it, because gold's going to the moon - soon.
Reminds me of the 1987 crash. A guy I know had a lot of money in the sharemarket, when Black Monday arrived, his sharebroker rang him up and told him to throw everything at it, which he did, because the bottom was in, problem was the market was only about 20% of the way down.
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07-04-2013, 08:08 AM
#4490
Interesting you have used the analogy of the share market crash- US Jobs report not looking good -is this a one off, or the start of a trend?
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