Post
Topic
Board Economics
Re: Gold: I smell a trap
by
cypherdoc
on 25/09/2011, 15:50:04 UTC
The worst time to sell is on a dip. It's the best time to buy. Sensible to allow prices to stabilise though. Don't catch the falling knife as they say.

Max Keiser and Stacy Herbert comment on it here -> http://ia700707.us.archive.org/28/items/MaxKeiserRadio-TheTruthAboutMarkets-24September2011/TaM-240911.mp3



the trouble with this theory is that all the gold bugs like yourself are standing around waiting for the other guy to go first.  we've run out of buyers.  we're at the end of an 11yr bull.

what happened to all the Big Buyers that were supposed to jump in at the 1680 gold gap or the silver 200 DMA misreality was talking about?  we knifed thru those levels like butter.  the pain has just begun.

listen to Ben Davies podcast.  he's waiting for everyone else to stabilize the situation too.  you'll be waiting a long time.