Post
Topic
Board Economics
Re: Gold: I smell a trap
by
cypherdoc
on 25/09/2011, 15:17:55 UTC
@misreality and MatthewLaMe:

http://www.recover-from-grief.com/7-stages-of-grief.html

you sirs are only in #1.  but you're in good company.  the gold pundits are out in force this weekend desperately trying to stem the panic out of pm's.  Ben Davies at least says he was smart enough to minimize his positions in pm's (meaning he was selling) but i seriously doubt it.  he and everyone else are trapped at the top and will be forced to go thru all 7 stages of grief which end in selling capitulation.  thats how markets work in our boom bust age.  severe swings in the pendulum killing speculators at each end of the swings.  when you're silent and long gone from this thread will the pain finally end.

you're in trouble and you know it.