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Re: This is for KTC - I think...

By: oldCADuser in FFFT | Recommend this post (0)
Wed, 24 Aug 11 7:23 PM | 71 view(s)
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Msg. 32064 of 65535
(This msg. is a reply to 32053 by killthecat)

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Case in point:

http://www.marketwatch.com/investing/future/GC1Z?siteid=




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OCU


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The above is a reply to the following message:
Re: This is for KTC - I think...
By: killthecat
in FFFT
Wed, 24 Aug 11 5:07 PM
Msg. 32053 of 65535

Morning OCU:

I hesitate to express any opinion on gold, especially at $1,800+ per ounce.

I do wish I had heeded the libertarian advice and gotten into gold this year (I'm having a way below average investing year), and I do follow gold's news releases, but will stay out of the market.

I'm not convinced that gold is a valid alternate to paper money, nor am I convinced that gold bugs won't eventually get screwed like other investor classes have. The gold market is surprisingly small when China, India, and Arab physical demand is discounted and can be crashed with ease.


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