Why is it that most Gold Purma Bulls are such Conspiracy Nuts? They beat the same drum over & over, like "The market is fixed", "It's a fake rally", "The government is making up unemployment numbers" it's just an endless "They sky is falling, the sky is falling" I guess this why they buy gold to prepare for armageddon but I would buy guns (long SWHC is better then GLD)& ammo for that. What can u do with gold, throw it @ some1? Yes I hate gold near $1k, I would mildly dislike it around $750 & be natural on it around $500; shure I may love it around $350 but who know's I just maybe a Purma Bear on Gold! I'm not saying that I would not take a brick of gold if some1 gave it to me, but I am saying I would sell it to one of those cash for gold places then use the cash to go long on some stocks in a heart beat.
Why are you even on this board? If you hate GLD so much go some where else. Gold is not an investment. Unfortunately for you, you don't understand what money, wealth, and preserving your labor is. I feel sorry for you. You will be working for someone your whole life. What a waste.
So let me try to understand what you are saying, since I disagree with you & think gold is going down I should not be posting on this board? So you saying no1 is shorting the GLD? You need buyers & sellers, Bulls & Bears. I’m a bear on gold, have been since gold was around $1.2k. Don’t feel sorry for me, just because some1 doesn’t like something you may love. If you just want people to agree with you and bash people that don’t you’re the one that should be felt sorry for, because that kind of thinking is un-American; almost communist! Think about what China did to the students when they disagreed with there government. Is that what you want? You want a society that only agrees with you, thinks like you & dares not to speak or write anything in the contrary or be subjected to prejudice or insult?