Gross Profits: Maybe just as good as your "useless" comment.
The gold bugs see the commodity go over $1,500 in one year and anyone who dares a contrarian position is the subject of their wrath. Jim Sinclair (JSMineset.com) will even bet $1 million dollars with you, just in case you haven't heard their bullish predictions loud enough.
I own gold stocks myself as a hedge, but I can understand the article's argument that 2/3 of gold commodity demand is down 55% and that "may" put downward pressure on the price (sorry gold freaks, just a different view. Wrong, perhaps, but just a view).
Where Are Precious Metals Heading? [View article]
The gold bugs see the commodity go over $1,500 in one year and anyone who dares a contrarian position is the subject of their wrath. Jim Sinclair (JSMineset.com) will even bet $1 million dollars with you, just in case you haven't heard their bullish predictions loud enough.
I own gold stocks myself as a hedge, but I can understand the article's argument that 2/3 of gold commodity demand is down 55% and that "may" put downward pressure on the price (sorry gold freaks, just a different view. Wrong, perhaps, but just a view).
Good article.