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Barrick Gold Corporation Message Board

  • macr0zzy macr0zzy Jun 30, 2013 1:38 AM Flag

    Bull case rationalization, a history

    Stage1 QE must send inflation soaring, ABX and its ilks are leverage power plays on gold run
    Stage 2, no inflation? economy must be on brink of collapse, with deflation, gold will soar too.
    Stage 3, gold not soaring, how come, must be manipulation, and people are stupid
    Stage 4, ok, even if gold has down a little bit, ABX is way undervalued , so much gold to be mined
    Stage 5,. project delay, well, ok, I can wait, a good investor must learn to be patient, you know
    Stage 6, Gold down a couple hundred dollars,.must be close to bottom, another QE and people will wise up.
    Stage 7, QE comes and goes, ouch...damn the stupid economy, stupid people
    Stage 8, Stop digging gold ABX please, get into survive mode,else total wipe out
    Stage 9, I am still smarter than the market. Nothing can prove me wrong. I can always rationalize.

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    • if they keep manipulating gold down, your rationalization is toast. gold has dropped because they are going to end QE3 or whatever. If so, I've heard inflation will fly but the market is saying no more printing means gold drops. I wish someone that knew what they were doing would enlighten me.

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