Rolex, you crack me up, I would like you to correlate the S&P with gold, see what happened, I bet all your gains were wiped out in the last 6 months. Oh ya, keep shorting gold you idiot.
Short gold, in a recession/depression? That is like shorting tech stocks right when they started heating up! You will lose your ass if you short gold in these conditions. If you want to make money on Gold fast then buy on the dips and sell when it goes back up, don't short it and be reeling because you got hammered.
Short gold, in a recession/depression? That is like shorting tech stocks right when they started heating up! You will lose your ass if you short gold in these conditions. If you want to make money on Gold fast then buy on the dips and sell when it goes back up, don't short it and be reeling because you got hammered.
Despite Economic Headwinds, Gold Will Outperform [View article]
People need to simply wake up and get out of the dollar. Even if the first rounds of bailouts don't raise the gold price through inflation, the second through tenth rounds will. Do you think Obama and a democratic congress will ever stop spending? Our politicians live in a false paradigm where money is spent, not earned.
All this talk about dollar rallies and the dow at the bottom is a joke, our country produces nothing and spends everything, oh yea, and there is no sign of changing this anytime soon. So all of you who continue to doubt Gold I give you this one and only warning to wake up and get out of your fiat paper and invest in commodities before it is too late.
I agree that silver is bound to double if not triple this year. Look at this summer when Gold was flirting with $1,000 and silver was around $20. Now we have $880 gold and silver is only at $10 and $11, silver looks promising.
Gold Fever: Still a Long Way Away [View article]
12 Reasons to Short Gold [View article]
12 Reasons to Short Gold [View article]
Despite Economic Headwinds, Gold Will Outperform [View article]
All this talk about dollar rallies and the dow at the bottom is a joke, our country produces nothing and spends everything, oh yea, and there is no sign of changing this anytime soon. So all of you who continue to doubt Gold I give you this one and only warning to wake up and get out of your fiat paper and invest in commodities before it is too late.
Ratio of Gold to Silver [View article]
Profiting From Bernanke's Super-Fed and Obama's Newer Deal [View article]
Looking Toward 2009 [View article]