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Re: The only thing certain is that long-term investors will lose as the price of gold continues to inexorably trend toward the cost of storing it. Long-term investors should sell their gold and gold-r 

By: ribit in ROUND | Recommend this post (1)
Thu, 26 Jan 12 11:16 PM | 38 view(s)
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Msg. 38427 of 45651
(This msg. is a reply to 38402 by Decomposed)

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decomp
Not a day has passed in the time I've been involved in gold that folks haven't made clear that they thought it was a dumb idea.

...I have said as much myself. I have all my money tied up in Buggy Whip futures. It's gonna make a comeback. I can just feel it.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Re: The only thing certain is that long-term investors will lose as the price of gold continues to inexorably trend toward the cost of storing it. Long-term investors should sell their gold and gold-r
By: Decomposed
in ROUND
Thu, 26 Jan 12 3:43 AM
Msg. 38402 of 45651

Not a day has passed in the time I've been involved in gold that folks haven't made clear that they thought it was a dumb idea. And gold has steadily marched upward the whole time.

When gold starts being a SMART move in most people's minds, then THAT could be a clue that a top is near. Until then, no worries...


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