Post
Topic
Board Economics
Re: Whose wrong: Gold or Treasuries?
by
The_JMiner
on 09/08/2011, 07:07:24 UTC
never buy parabolic blowoffs.  buy when there's blood in the streets.  now is not the time for gold.  when deflation really kicks in (and there's no sign of the PPT) you could wake up and gold could be down hundreds of dollars and headed back down to $500 w/o a chance to get out.  just look at the Dow.

edit:  for clues look at silver.  and the USD has not broken down out of the channel yet.

When do you predict the end of gold?
Its at a new record of 1755 right now on the spot market

http://www.kitco.com/market/