gold has gone from 300 an ounce to 1200 an ounce in 10 years, Does that smell like a bubble or at least a an overvaluation to anyone else. Especially when you consider that gold always shoots up in times of uncertainty in the dollar, it is pretty clear that if.when the dollar and euro stabilize gold prices will plummet. I have even heard that many european economies are considering selling some of their gold reserves to ballance budgets, that would certainly cause a dip as well
When everyone says the price has nowhere to go but up............... get the hell out. Gold investment at these levels is for the fools. Gold itself has no intrinsic value.
Like I said, free fall check your boards. Look, the carry trade has fueled the majority of the speculation and all of that is about to unwind. Gold will drop hard in 1st quarter while the USD will hit new highs. As they say, "Don't fight the FED." Get off the gold coaster while you're ahead or holding with light losses.
I don't know what the heck pc is smoking, but if no one is shorting a market and the normal shorts are too afraid to bet against the market, it usually is because they think the market is going to go up. More bs misinfo conspiracy theory from some anti FOX leftwing obama junky
gold has gone from 300 an ounce to 1200 an ounce in 10 years, Does that smell like a bubble or at least a an overvaluation to anyone else. Especially when you consider that gold always shoots up in times of uncertainty in the dollar, it is pretty clear that if.when the dollar and euro stabilize gold prices will plummet. I have even heard that many european economies are considering selling some of their gold reserves to ballance budgets, that would certainly cause a dip as well
durhamdf 9 months ago
$1120/oz? I wish I could pick me up some of that.
jjsjeffjjsjeff 1 year ago
This is not 1980. Get out of the dollar!
EMPIRE0FLIES 1 year ago
GLD makes it possible to short gold and that's why i hate it.
and well, we can't do nothing about gold mining stocks.
TheLiberalssuckdick 2 years ago
When everyone says the price has nowhere to go but up............... get the hell out. Gold investment at these levels is for the fools. Gold itself has no intrinsic value.
johnshantz 2 years ago
@johnshantz
You have no idea with what's doing ya?
eatandtravel 1 year ago
ho comprato 120000 euro in USD al prezzo 1.3910,arriverá il USD nuovamente a questto prezzo?
franco0039 2 years ago
check my prediction in video response.. and check date of prediction... comments welcome!
mustfarhan 2 years ago
Like I said, free fall check your boards. Look, the carry trade has fueled the majority of the speculation and all of that is about to unwind. Gold will drop hard in 1st quarter while the USD will hit new highs. As they say, "Don't fight the FED." Get off the gold coaster while you're ahead or holding with light losses.
planetcave 2 years ago
I agree! Can you please keep this to yourself until I finally fill my gold short position. Thanks
Illuminated7 2 years ago
@planetcave if only you knew the truth about gold. it isn't over. the USD is doomed. go collect some new data.
tmac9938 2 years ago
I don't know what the heck pc is smoking, but if no one is shorting a market and the normal shorts are too afraid to bet against the market, it usually is because they think the market is going to go up. More bs misinfo conspiracy theory from some anti FOX leftwing obama junky
lilbitparanoid 2 years ago
Gold will stay strong... the dollar will continue to weaken....
jackooboy1 2 years ago 2
Mr. Tobacco is smoking something other than tobacco. He's nuts - he just described the conditions for a free fall in price. More misinfo from Rupert.
planetcave 2 years ago
Great info
suzettespencer 2 years ago