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Gold Barron » Comments » GDX

  • Precious Metals: Breakout, Fakeout or Shakeout? [View article]
    If you are thinking that the numbers we are being given justare not adding up then you should buy gold and silver and hold for long term. They will both outperform any other investment over the next 20 years.

    If you trust your government(s), then by all means sell your gold and buy real estate or invest your hard earned dollars in the stock market.

    Good luck!
    Sep 06 21:19 pm |Rating: +2 0 |Link to Comment
  • Hong Kong Recalls Gold Reserves: Why No News Coverage? [View article]
    Keer eh Khar,

    Would you store any of your gold in a safety deposit vault of a bank that was on the brink of failure? Probably not!

    You would probably decide to store the gold in your house instead.
    Sep 05 04:34 am |Rating: +3 -1 |Link to Comment
  • Hong Kong Recalls Gold Reserves: Why No News Coverage? [View article]
    one eye,

    You obviously did not read the article. I am not sure how to respond to your comment as the article I linked to does not discuss anything about fuel hedging or airlines. Try reading the article again and make an effort to comprehend what the author is trying to tell you.

    Thanks
    Sep 05 04:26 am |Rating: +1 -5 |Link to Comment
  • Hong Kong Recalls Gold Reserves: Why No News Coverage? [View article]
    I believe the answer to the recent increase in the price of silver and gold can be attributed to what is written in the following article by Ted Butler. Any serious gold or silver trader should read the following article.

    news.silverseek.com/Te...
    Sep 05 00:00 am |Rating: +4 -1 |Link to Comment
  • Gold Stocks Look Cheap - BMO [View article]
    Freya,

    Your missed my point completely. I too am bullish on Gold. Read my comment...I am referring to the price of gold miner stocks..not the price of gold. Buying physical gold bullion is a better investment in my opinion. The gold miners carry far more downside risk because many of them are heavily in debt and are poorly managed.

    I think Gold will touch $1200 range sometime in 2010. But I am fair minded enough to not be investing all of my hard earned money in precious metals, stockpiling ammunition, and forecasting total collapse of the dollar like you and your fanatical gold buddies.

    And yes, I consider it to be market manipulation when the US government is investing US citizens tax dollars in the stock market.



    May 26 08:49 am |Rating: +12 -1 |Link to Comment
  • Gold Stocks Look Cheap - BMO [View article]
    I would not buy any gold stock you listed in your article. Gold stocks dont necessarily go up just because the price of gold does. There are many other factors to consider when investing in gold miners that the average investor can't understand.

    There is so much stock market manipulation going on by the elite class and the corruption of politicians is absolutely sickening. The average investor can not and should not trust the American stock market regardless of what the talking heads say on CNBC or what "Analysts" pumping stocks for their own personal gain say!
    May 26 02:53 am |Rating: +13 -3 |Link to Comment
  • Why Gold Enthusiasm Is 'Cool' Again [View article]
    Gold is a great long term investment. Keep your portfolio at about 10-20% in physical gold. Dont go all in!

    Silver is probably the top commodity investment over the next 20 years.

    Traders should buy GLD, long term investors should buy physical gold.
    May 23 18:17 pm |Rating: +2 -1 |Link to Comment
  • How Will Gold Perform in the Coming Equity Crash? [View article]
    I dont know if it really matters anymore if the stock market goes up or down. If the market goes up, then it only reinforces the accusations that the market is being manipulated and is totally corrupt. And if the market goes down then it only reinforces my belief of what a sad and pathetic world we all live in that a select group of people could actually destroy this country because of their greed and selfishness.

    I own gold/silver coins and bullion, and I am 100% convinced that the prices of all precious metals and commodities will go higher in the future. Maybe next week? Next year? 5 years? Who knows? I really don't care quite honestly because I bought my gold/silver as an insurance policy against the corrupt politicians and Fed reserve to protect what little wealth I have.

    I am very fortunate that I don't have to worry about my personal financial situation at this time but I do worry about all of the other people in this world.

    Some of the posters and authors on this site should be careful about what gold/silver prices you are hoping and wishing for.
    May 11 20:42 pm |Rating: +9 -1 |Link to Comment
  • U.S. Dollar Strength and Implications for Gold [View article]
    Buy gold to preserve wealth not create wealth. I think $850/oz will be the average price for 2009. I hope Gold goes lower so that I can buy some more.

    2011 and 2012 there will be inflation and a very weak dollar.
    Jan 22 18:05 pm |Rating: +1 0 |Link to Comment
  • Gold Poised to Move Higher [View article]
    Silver to $50? Woohoo, that would be sweet!!!
    Jan 10 21:12 pm |Rating: +2 -1 |Link to Comment
  • Gold Poised to Move Higher [View article]
    I agree wit that. Gold is going to at least 1500 and silver should see 50 by 2012!!!!
    Jan 10 21:11 pm |Rating: +2 -1 |Link to Comment
  • Gold Poised to Move Higher [View article]
    Gold to $1500 sometime in 2009.
    Jan 10 21:09 pm |Rating: +2 -1 |Link to Comment
  • Gold Poised to Move Higher [View article]
    Yes! Gold is definately poised to move higher. At the time this article was written I suggested GLD. But I think the physical gold market is where every investor should be.

    I stand corrected.
    Jan 10 21:09 pm |Rating: +2 -1 |Link to Comment
  • Five New Forces to Drive Gold Higher  [View article]
    The driving factor for gold is TRUST. The FED and US government change the rules constantly. They could come out next Monday and devalue the dollar with no regard or concern of who that would harm.

    Maybe Obama cold get us back on a gold standard so things are fair. He is supposedly a constitutional expert. Lets see if he abides by it.

    It doesn't matter whether the gold standard is wise or not. Article 1 Section 10 of the United States Constitution says it shall be so. No amendment has been passed to change that. End of discussion.

    If we are a nation of laws, our institutions must be lawful. The Fed and the monetary system we have now is NOT lawful.
    Jan 09 17:10 pm |Rating: +3 -1 |Link to Comment
  • Five New Forces to Drive Gold Higher  [View article]
    I prefer to think of my Gold/Silver bullion as insurance. I have 25% of my portfolio allocated to Gold/Silver bullion.
    Jan 09 16:44 pm |Rating: +3 -2 |Link to Comment
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