The gold bubble is deflating: TFN 60-Second Buzz 08/13/08

[thewonderfrog]

This was spot on. I made some good profit on commodities by buying them shortly after this came out. Buy low sell high.

[atchisrj1]

Deflating? Really? Is that why gold has gone up in the last two years? lol What a joke!

[ggadguy]

Back in August 2008, that was a great time to buy gold.  I doubt this guy understands Austrian Economics and the error of central banks printing money. The only real money that has been used for over 5000 years is gold and silver. Paper loses value every decade.

[marxbitesall]

We aren't even close to a mania phase, just ask your friends and neighbors if they have ANY gold or silver besides jewelry.

I watch a video where a guy stopped folks on the street and no one would give him $100 for an oz of pure gold.

More Brawndo Americans?

[raspberrybaggio]

2+2 = 5 if you believe this guy. Imminent recovery my arse.

[unqualifiedmarmoset]

Nice call. Gold rocking at $1191. Any more wisdom to impart?

[doobsta]

GOV Sachs and other purposely holdingprices down with there HUGE short positions.

Let all metals be counted and RE-valued to reflect reality...

We are talking 10-100 valuations.

USD is not money, just currency.

GOLD, SILVER...this is REAL MONEY.

For thousands of years nonetheless, thats why BANKS HOARD IT.

[mikeiswylde]

This guy is full of garbage the price of Gold changes yes but its not a bubble.

[sjdude]

This guy is equating internet stocks with gold?! A quick look at a historical gold chart easily refutes everything this guys says. He's got no cred.