Despite Economic Headwinds, Gold Will Outperform [View article]
The only one thing we learn from history, is that we don't learn from history. The same arguments, the same Gold experts and super stars were available in the 1980's, nothing changed. Only the difference is investors, then it was those aged 30-40 who listened to Gold gurus and lost all their money, today they are 70 and have little interest to investments in general. Today it is new wave of investors that will be nd are already a victims of Gold guru's. Mining stocks are down 60-95%, Gold,Platinum,Palladiu... all those bubble assets are crashed like hell. Keep away from Gold at this prices, if you are long only investor,keep away even more.Gold will be 700,600,500,400,300,20... again more likely than 900.
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The only one thing we learn from history, is that we don't learn from history.
Jan 13 14:55 pm
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All Comments by ROLEX18K »Despite Economic Headwinds, Gold Will Outperform [View article]
The same arguments, the same Gold experts and super stars were available in the 1980's, nothing changed.
Only the difference is investors, then it was those aged 30-40 who listened to Gold gurus and lost all their money, today they are 70 and have little interest to investments in general.
Today it is new wave of investors that will be nd are already a victims of Gold guru's.
Mining stocks are down 60-95%, Gold,Platinum,Palladiu... all those bubble assets are crashed like hell.
Keep away from Gold at this prices, if you are long only investor,keep away even more.Gold will be 700,600,500,400,300,20... again more likely than 900.