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wilful - Re: Gold 1617.20 -29.80 -1.81%

By: Decomposed in ROUND | Recommend this post (0)
Tue, 08 Nov 11 9:30 PM | 64 view(s)
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Msg. 36146 of 45651
(This msg. is a reply to 35659 by wilful)

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wilful,

re: "The bubble continues to diminish."

I realize you only stated what you perceived as fact... but...

(1) By calling gold a bubble, you strongly implied that it would CONTINUE to "diminish." After all, a "burst" soap bubble does not... CAN NOT... reinflate. Yet this bubble didn't do what burst bubbles are supposed to do. It didn't continue "diminishing."

(2) And if I'm right about what you meant, you couldn't have timed it any worse. You virtually NAILED the bottom for gold with your statement. $1,617.20 doesn't even show up on a chart. All we can see is $1,620.


In retrospect, do you have any comment? Do you still believe that gold is trading like a bubble?

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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Gold 1617.20 -29.80 -1.81%
By: wilful
in ROUND
Thu, 20 Oct 11 7:06 PM
Msg. 35659 of 45651

The bubble continues to diminish.

Very Happy


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