Five New Forces to Drive Gold Higher [View article]
I totally agree.
On Jan 10 02:08 PM daniel3582 wrote:
> I don't trust people articles or advisors that begin outlining reasons > why such and such a stock will move higher, or such and such a commodity > will go up/down. > > I'm not a goldbug. Nor am I one of those people who take pleasure > in bashing them. I am of the cult of people who don't let irrational > feelings of "belongingness&... cloud my judgment. > > There were dozens of articles like this being written last year. > Gold promptly shed 35% of its value while everyone was saying it > was headed for $1500/oz. I'm sure gold will enter a huge bullish > trend. I'm also sure it will enter a huge bearish trend. Which one > will come first? How long will it last? I don't know, I don't trade > this commodity. What I am sure of is that each party will claim that > they predicted this price movement all along... > > A broken clock is right twice a day...
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On Jan 10 02:08 PM daniel3582 wrote:
> I don't trust people articles or advisors that begin outlining reasons
> why such and such a stock will move higher, or such and such a commodity
> will go up/down.
>
> I'm not a goldbug. Nor am I one of those people who take pleasure
> in bashing them. I am of the cult of people who don't let irrational
> feelings of "belongingness&... cloud my judgment.
>
> There were dozens of articles like this being written last year.
> Gold promptly shed 35% of its value while everyone was saying it
> was headed for $1500/oz. I'm sure gold will enter a huge bullish
> trend. I'm also sure it will enter a huge bearish trend. Which one
> will come first? How long will it last? I don't know, I don't trade
> this commodity. What I am sure of is that each party will claim that
> they predicted this price movement all along...
>
> A broken clock is right twice a day...