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Re: PANIC: BANK RUN IN LATVIA

By: Decomposed in ROUND | Recommend this post (0)
Mon, 12 Dec 11 10:04 PM | 42 view(s)
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Msg. 37000 of 45651
(This msg. is a reply to 36996 by clo)

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re: "My theory, when folks need money to cover, they sell their winners."

That's fine, but selling gold for dollars??? That verges on insanity.

The only GOOD reason to sell gold, imo, is when there's something that's needed. But then, I don't recommend gold for short-term speculative reasons. I recommend it for long-term preservation reasons.




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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: PANIC: BANK RUN IN LATVIA
By: clo
in ROUND
Mon, 12 Dec 11 9:28 PM
Msg. 36996 of 45651

Decomp,

My theory, when folks need money to cover, they sell their winners.


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