gold - if you lived in the 1600's and had gold, you would be rich, since your living in the new mileniumim you own paper ETF (Eltronically Traded Fools Gold).....the only gold I want is a gold safe w/ a golden gun and golden bullets.....
I admit my calc's were in correct on the GLD trust of not being 1/10 leveraged, however how abot all those risky investors who margin their GLD's in a marginable account?
Audit's, audit GLD ETF's prospectus, you have no idea who has leveraged their positions?
It's the End Of the World As We Know It and I Own Gold [View article]
Gold and GLD is for fear minded doom and gloom the sky is falling chicken little's. My friend who is true gold bug claims gold will get strobger becuase of the weak dollar, but this is worldwide crisis, just lookout Fortis and B&B, so Euro currencies will suffer, there goes the hedge......if anyone beleives the US financial situation is at the brink of diaseter, yes horde gold, but even GLD ETF is the same wall streeter's who managed AIG and Lehman....when the price of gold corrects those ETF's will be forced to liquadatge reserves driving down the price.....supply vs. demand....
It's the End Of the World As We Know It and I Own Gold [View article]
Smarty if we get to the point of bartering small pieces of gold for bread, then all hell has broken loose.......I am transfering all my assets into Viet Dong's and ISrealli Sheckles
It's the End Of the World As We Know It and I Own Gold [View article]
Smarty - if the equities get going, gold will be in the dumper....be careful....take some profits...The goverment can begin dumping gold reserves to raise capital, not just print more money....if that happens then the price collapses....who is the end consumer in gold?
It's the End Of the World As We Know It and I Own Gold [View article]
If you have an ounce coin and you need to buy bread, what would take as your change, gold??? If we get to that, then we are all screwed....Gold=Fear.....
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Audit's, audit GLD ETF's prospectus, you have no idea who has leveraged their positions?
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]
It's the End Of the World As We Know It and I Own Gold [View article]