Seeking Alpha
  • DeepValueLover
    Gold has finally reached its bottom. Proof? Read this http://bit.ly/1bDX5j1 $SPY $GLD $GDX $GDXJ $SLV $PSLV $GG $IWM $EEM $AAPL
    Jan 3, 12:18 PM
    Reply (4)
    • MIaffal33: Not quite yet.
      Jan 3, 12:28 PM
    • bobbo3000: I don't know how people can feel good about an asset that lost almost 30% in a year. I would be very worried if I had made a bet like that.
      Jan 3, 5:39 PM
    • MIaffal33: As long as Uncle Sam is pumping QE into the economy there is no reason to hedge against inflation but I can see how they are optimistic.
      Jan 3, 5:48 PM
    • DeepValueLover: Bank of America lost nearly 60% in 2011. I'd bet a lot of people laughed at the idea of buying shares in January 2012.
      Jan 3, 7:15 PM
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