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mkreisel » Comments » ABX

  • Are We More Like 1932 - or 1923? [View article]
    GLD could be the next great investment fraud. Nobody really knows how much gold there is. No independent audit has ever been performed.

    If you like gold, buy physical gold. Coins are imho better than bars.
    Apr 11 16:25 pm |Rating: 0 -1 |Link to Comment
  • Don't Miss the Coming Gold Bull [View article]
    Against conventional wisdom, I expect dollar and gold both to go up in a deflation. During this bear market, gold seems to perform the best when there is PANIC going around, not when CPI or PPI are going up.

    The gold chart itself is quite bullish, although I'd like to see it holding above the 860 level for several weeks. As for GLD, I don't think you can trust it too much since no independent audit has ever been performed on it. What happens if it turns out to be another scam?
    Jan 04 13:58 pm |Rating: +1 -1 |Link to Comment
  • Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
    Gold is strong buy at 800.
    Mar 31 14:26 pm |Rating: 0 0 |Link to Comment
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