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Message: Re: Gold retraces a $100 or $200 an oz
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Icon president Gold retraces a $100 or $200 an oz
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safeharbour
Aug 25, 2011 09:26AM

I can't understand why anyone would by gold on margin without proper cash to back up the position. They did this to silver a few months ago. It's like putting up a big sign on their foreheads. COME AND TAKE MY MONEY PLEASE.

At any rate as Jim Sinclair has been saying the PM's will be trading at cash only long before they reach the ultimate highs.

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