Abakan: An Overvalued Short Candidate [View article]
The only comment worthy of note here is the one that says "I am short ABKI". In other words, you only make money if you can drive the stock down. Attention Shoppers: Reverse Pump and Dumper working here!
The armchair analyst who is the author of this piece clearly takes his cues from the media. Now everything that rises in price is a bubble? Thats the mentality that creates bubbles.
Gold is in both a long-term structural and secular bull phase, due precisely because inflation is rampant. Important here to distinguish between price inflation and monetary inflation. To deny the existence of monetary inflation in view of the planned printing of $2 trillion this year is to have one's head anchored deeply into the dunes. Price inflation, however has not yet set in, because what armchair economists call "deflation" which is merely the adjustment of prices downward in an effort to induce buying, is a result of economic contraction brought on by monetary inflation.
Gold is not a bubble. Its the standard by which all other currencies are measured. Always has been. Always will be.
Its price rise is not so much a reflection of increased value as of the fact that the U.S. dollar is being devalued through monetary inflation. Investors who understand this will whether the storm just fine. The rest will be cannon fodder.
Abakan: An Overvalued Short Candidate [View article]
Gold Price Spike: Don't Call It a Bubble [View article]
On Nov 04 01:15 PM ker.nulov@gmail.com wrote:
> another pointless gold bug. it is going to collapse and you won't
> see another high above 1,000 in 5 years
Gold: The Only Remaining Bubble? [View article]
Gold is in both a long-term structural and secular bull phase, due precisely because inflation is rampant. Important here to distinguish between price inflation and monetary inflation. To deny the existence of monetary inflation in view of the planned printing of $2 trillion this year is to have one's head anchored deeply into the dunes. Price inflation, however has not yet set in, because what armchair economists call "deflation" which is merely the adjustment of prices downward in an effort to induce buying, is a result of economic contraction brought on by monetary inflation.
Gold is not a bubble. Its the standard by which all other currencies are measured. Always has been. Always will be.
Its price rise is not so much a reflection of increased value as of the fact that the U.S. dollar is being devalued through monetary inflation. Investors who understand this will whether the storm just fine. The rest will be cannon fodder.