The only thing worse than a gold bug is a dollar bug. IMHO.
On Feb 16 04:00 PM Borscht wrote:
> Piling on the bullshit, one billion invested in the first quarter > is not a lot of money. I don't like your choice of phrases and would > prefer more realistic phrases like, decided to invest, opened a position, > added to positions, crept into gold or crawled into a new gold position. > The numbers you give certainly don't indicate "piling into." > SA needs an exterminator to get rid of these nasty gold bugs.
One might consider the difference between COMEX gold and bullion. The former is a bullshit number because its manipulated by banksters.
On Feb 16 02:33 PM Stone Fox Capital wrote:
> If everybody is piling into gold, why hasn't it soared to new highs? > All the talking heads on TV are bullish about it, yet the price just > recently began moving. Somebody must've been selling or maybe it > was forced selling by hedge funds that kept the price down until > recently. Regardless, its concerning when everybody is so bullish. > Starting to be a crowded trade.
Major Investors Piling into Gold [View article]
On Feb 16 04:00 PM Borscht wrote:
> Piling on the bullshit, one billion invested in the first quarter
> is not a lot of money. I don't like your choice of phrases and would
> prefer more realistic phrases like, decided to invest, opened a position,
> added to positions, crept into gold or crawled into a new gold position.
> The numbers you give certainly don't indicate "piling into."
> SA needs an exterminator to get rid of these nasty gold bugs.
Major Investors Piling into Gold [View article]
On Feb 16 02:33 PM Stone Fox Capital wrote:
> If everybody is piling into gold, why hasn't it soared to new highs?
> All the talking heads on TV are bullish about it, yet the price just
> recently began moving. Somebody must've been selling or maybe it
> was forced selling by hedge funds that kept the price down until
> recently. Regardless, its concerning when everybody is so bullish.
> Starting to be a crowded trade.