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Gold Is a Good Bet, Soros Implies

When any of the Gold Bugs commenting here makes 1 million dollars, actually cashed out, from holding physical Gold it will be easy to notice because he/she won't be writing in this blog anymore, this site became a fountain of hope for extremist Gold bugs instead of a source of knowledge as it was initially intended.

No Gold Bubble

I would agree with mr. freddo regarding the dramatic swings in price. I like history and it took Gold 10 years to break out of the USD 250 - 500 range even with a double top formed from 1982 through 1988 to then reverse in the year 2000 and break consistenly to the upside in 2005, does USD 500 - USD 1030 - USD 680 - USD 1000 - ?????, which has been the swing since 2005, seems familiar to you? Well what I try to say is that whoever invest in Gold sets it's own time frame, whether the buy is fundamental, speculative or else. Long term ownership of Gold is the answer but again buying in one those massive dips (50%) as it happened if the year 2000. Oh sorry I just missed it at USD 680 in 2008!!!!

Mining Indaba Conference - Even the Bears Are Bullish on Gold

How can they not (bears) be bullish in Gold if every time that anyone mentions a short sell oportunity (even myself) gets pounded in a matter of hours!! That's the beauty of the Gold market, you need your nerves tuned up every once in a while!!