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Four Major Developments Gold Investors Should Watch

Almost NOBODY thinks it's possible that gold can go down in value.

Hmmmmmm.

Almost nobody thought tech stocks could go down.
Almost nobody thought Oil would fall like a stone.
Almost nobody thought houses could depreciate wildly.
and
Who would have thought that tulip bulbs were worthless?

I'm just saying... good luck if you own it and be careful.
I'll be waiting to short it... eventually.

Four Major Developments Gold Investors Should Watch

It is a mania! That much I agree with.

I can turn on the radio and hear several different commercials trying to sell the public gold, and I see guys out on the street corner to holding up "buy gold" signs. Any gold post on this site attracts tons of bullish comments. It's a certain mania and they make dangerous investments.

Interesting-- the China story. They cant buy enough of our treasuries at rotten rates of return. Why cant China get enough low rent dollars despite bad mouthing the buck in public to run it down further? Hummm. Obviously they're expecting a RISE in the dollar and they want in cheaper, otherwise they're screwed.

If they thought they might get screwed on the dollar, wouldnt the government be hoarding gold instead of passing it out to the citizens?

It doesnt add up.

Unless some country decides to go back on the gold standard, gold really has no practical value except for jewelry or a trading vehicle.

Be careful with gold!