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Deckers Outdoor Corp. Message Board

fordfactory 1 post  |  Last Activity: Jul 20, 2015 3:33 PM Member since: Aug 11, 2004
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    Hold your shares - another $15 gold drop tomorrow

    by wise4us Jul 20, 2015 2:10 PM
    fordfactory fordfactory Jul 20, 2015 3:33 PM Flag

    Gold bugs need to get wiped; Too much "froth and optimism" in the gold markets. I say sub $1,000 will start to get them scratching their star-fishes, then sub $800 might have them questioning their all-knowing wisdom, then $500 (where she belongs) ought to shake the last of the faithful out. In the meantime, equity markets are set to roar. Everything that could boost paper is set-in-place. Hang-on to your paper stocks and enjoy the ride. Dump anything with intrinsic value: gold, copper, gas, oil, silver and buy the Fed's mandate, imo i.e. Facebook baby!

68.68+0.27(+0.39%)Jul 28 4:01 PMEDT