Wefwef

Ten Reasons Why Gold Isn't Above $1,000

The time to buy gold was at $300. The time to sell was above $1000. The rest of you are bagholders for the next 25 years.

Countdown of Manipulated Gold Price Running Out

So take delivery on your COMEX paper if you're so convinced it's manipulated. Hope you'll be happy with your inert metal then. The real surprise comes later when you try to get rid of it.

Are Safe Haven Investments Really Immune From Current Crisis?

I believe we're going to deflate for a significant amount of time. Can be anything from 9 months to 5 years (some authors forecast even 10 years).

Is Gold A Sucker's Bet?

Gold has two values: the actual use value in industry, and speculative value. As the former is less than 1/10th of the latter, it's a pretty poor investment, relying on the greater fool theory.

If things go really bad gold will have no use because gold coins are easily counterfeited, the trust issue will prohibit gold use. You can't eat it, it won't keep you warm on cold nights, it won't guard your safety, but every moron in the world will want to rob you of it without regard to your life.

Gold coins can be a reasonable investment if you derive value of your collection and have the means to display and examine them properly, bringing you pirate lord's joy. Just don't ever expect to make an actual profit from them because most probably you were the greatest fool.

Law of Supply & Demand Is Dead for Gold & Silver

Your coins were expensive because the dealer had bought them at super expensive price. The dealer duped you with a quick lie about 'supply' and you believed. Dealer 1 You 0.

If you want your gold at spot price buy from a spot price dealer on the net, or buy those depressed price futures and take physical delivery, or buy GLD shares and convert into physical (might be out of your buying power).

Don't get mad get smart.