Re: Proposal: Separate Gold-Related Forum
in response to
by
posted on
Jun 23, 2014 08:50AM
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Barley: Amazingly enough over the weekend my advisor guy stuck hard to his opinion that silver at least is going to tank down about 30% before the end of July, and then a little more in August, beginning imminently, and despite what happened last week. I am assuming he is predicting downward for gold as well but didn't register for that at great cost, what's the point, they move in tandem. All I've seen since then is bigtime optimism, every pundit and his brother predicting that this is a reverse head and shoulders, that the bear market is over, it will be a few weeks before any correction, gold is going to the moon, everybody is thinking about buying condos in faraway places and the latest Volvo with all the gadgets. This tells me my guy is right, and the pm's are tanking. If so, and he is right, Tyhee is perfectly positioned to go eeny meeny miny moe, we pick you up, you big mine whose owners are going bust, and who is producing gold or silver at minimal cost, for a song. If gold and silver go up as everybody and his brother predicts, we go uh oh, better catch this before it really takes off, and take whatever we can get, if anything, and we lose bigtime. That's why I monitor the price of gold and silver. Ike