Gold falls to its lowest level since August, now at $1,591 and off more than 11% since the heady...

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bbro Comments (7824)
 
GLD is -15.23% from the Friday before Labor Day 2011 (9/02/11)....
SPY is + 34.45% ( dividends reinvested)
20 Feb, 08:04 AM Reply Like

tr4head Comments (329)
 
S&P will fall significantly more than GOLD when we wake from the dream of economic growth, no inflation and preposterously low interest rates. Stagflation will keep GOLD up.
20 Feb, 11:28 AM Reply Like

tomamil Comments (8)
 
considering what happend with GBP today and why, it's hard to imagine that the FOMC meeting minutes would attempt to increase the value of USD. on the contrary.
20 Feb, 08:14 AM Reply Like

youngman442002 Comments (4971)
 
And we are in the middle of a currency war....I think I will buy more.....
20 Feb, 08:19 AM Reply Like

phil2k Comments (23)
 
Long time fan of gold here but I have to say this precipitous fall in value is really testing my resolve. Fundamentally everything points to higher gold prices, yet it just keeps on going down...
20 Feb, 08:33 AM Reply Like

pman6 Comments (198)
 
feels just like aapl
20 Feb, 10:04 AM Reply Like

Denny_Chasteen Comments (690)
 
Ditto both those sentiments. I guess it's because NFLX is suddenly such a great buy. I bought more GLD today. I am at my limit on AAPL and will just hold on and suffer through this sideshow with Einhorn.
20 Feb, 11:23 AM Reply Like

gauravhasija83 Comments (2)
 
This is pure manipulation by some big hedge funds, they want that every one should sell their GOLD to them at cheaper prices.
They can't fool us for ever.
20 Feb, 08:59 AM Reply Like

fleaanddee Comments (3)
 
If you got be glad... If not you better get some..... If you can afford to; than buy more.... The truth of what is to come is in the the obvious lack of any positive changes in ours and the worlds governments. They have all proven that moral corruption, greed, and complete lack of honesty is the way of the times. God has turned them over to the desires of their hearts. They have even lost the ability to blush.... More of the same is coming; and so many lies and blatant wrongs are simply not sustainable... They are NOT... What ever come will not be pleasant.. And it is coming!!! Better to be prepared and not need it then to not be and wish to late that you were.... A little Gold and Silver never hurt anyone.....
20 Feb, 12:26 PM Reply Like