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  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    Retirefund,
    As much as I respect Warren Buffett, he is totally wrong on Gold & Silver - but I understand why he is not a proponent of Gold & Silver - because it is not his expertise, and he was never taught the value of Gold & Silver by Benjamin Graham, his mentor. I totally agree with you that he would have multiplied his wealth many times, but then again, the price of Gold would have skyrocketed if he had bought all the Gold with the funds from the sales of his Berkshire stocks in a short period of time and would have caused a Hunts brother like event.
    Mar 8, 2012. 12:27 PM | Likes Like |Link to Comment
  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    Mark, the "insiders" wouldn't do anything that they wouldn't make money in. Wednesday's fall in gold & silver is without a doubt an engineered take-down, probably triggered by a massive shorting followed by stop loss orders. The "insiders" always have the advantage, but their strength can be used to the advantage of the "rest of us" by buying physical silver and gold at artificially low prices afforded by their shorting schemes.
    Mar 2, 2012. 01:26 PM | 1 Like Like |Link to Comment
  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    "What next? Today's sharp gold and silver price drops could be the start of a serious bear market. With the precious metals' fundamentals seriously depleted, buying support at previous lower levels could now be absent."

    The end is near! The end is near!
    I've heard this one since Gold was $600. Seriously, "fundamentals seriously depleted", and "buying support at previous lower levels could now be absent."?

    I think you speak too soon, my friend. Perhaps you may be right, say 5 years down the road. As long as Bernanke keeps the rates at 0.25%, and the ECB keeps printing money, and as long as China and India, and Russia, and all the emerging market central banks still want to buy gold with excess dollars, Gold & Silver and commodities will remain afloat in a sea of fiat currencies.

    And good luck with your shorts.
    Mar 1, 2012. 05:31 PM | 1 Like Like |Link to Comment
  • The Best Long-Term Investment: Gold vs. Silver vs. S&P 500 [View article]
    Interesting article. I would like to know how you compound your numbers and at what intervals you take the prices. It seems that you are already biased against gold & silver, so it warrants an explanation how you arrive at these numbers. Also, isn't it curious that no matter how you look at it, the price of gold and silver without compounding, have surpassed S&P 500?
    Mar 1, 2012. 03:06 PM | Likes Like |Link to Comment
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