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Re: This is for KTC...

By: killthecat in FFFT | Recommend this post (0)
Mon, 04 Feb 13 1:46 AM | 34 view(s)
Boardmark this board | Food For Further Thought

Msg. 49817 of 65535
(This msg. is a reply to 49814 by oldCADuser)
Jump:

Hi OCU:

I missed the gold surge so have no intention of going long at these prices. I've been negative or guarded on gold for a while now since demand in China and India has moderated, and demand for gold jewelry is dismal. Speculators and central banks have fed the rally, but that could end in a micro second leaving the retail guy in the toilet.

I hesitate to short gold because it could sustain its price or even surge again. I've never made a good call on gold. However, if and when I invest it will be on the short side.

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The above is a reply to the following message:

This is for KTC... By: oldCADuser in FFFT Mon, 04 Feb 13 12:45 AM	Msg. 49814 of 65535
http://seekingalpha.com/article/1153051-5-compelling-reasons-to-sell-gold

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