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Ironwood Pharmaceuticals, Inc. Message Board

red_light_laser_light 3 posts  |  Last Activity: May 4, 2016 2:43 PM Member since: Apr 23, 2008
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  • red_light_laser_light by red_light_laser_light May 4, 2016 2:43 PM Flag

    Buying and re-entry has started...

  • Reply to

    New Attitudes...

    by red_light_laser_light Apr 29, 2016 10:24 AM
    red_light_laser_light red_light_laser_light Apr 29, 2016 4:04 PM Flag

    Seems like a paradigm shift is underway.
    And this is very likely just the start of money moving to precious metals...
    What happens when the herd starts to stampede?

  • red_light_laser_light by red_light_laser_light Apr 29, 2016 10:24 AM Flag

    Central Banks are left to clean up the mess created by ridiculous leadership that promise too much (Europe's socialist leaders) and USA leadership that foster havoc such as the sub-prime crisis.

    We are now starting to get into a changing era with symptoms such as negative interest rates.

    So, we get a comment such as seen yesterday by Barrack's executive chairman John Thornton said "... gold is here to stay...".

    Here is what Kitco's news link provided about his comments:

    “Gold is here to stay,” says John L. Thornton, executive chairman of Barrick Gold Corp. In remarks to the annual meeting of shareholders this week, he said “reports of gold's demise have been greatly exaggerated. Little seems to have changed since the financial crisis in 2008. Central banks have printed money to buy time for governments to get their fiscal houses in order, which most have not done. The result: today we have negative real interest rates, while tomorrow we could well have inflation. Either way, if you hold cash, you lose money. In such a world, gold's function as a store and unit of value is obvious.…Until someone finds a way to revise the laws of human nature, we believe gold is here to stay.”

    Conclusion.... expect to see much more strength in SLV, GLD and especially GDX.

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IRWD
12.23-0.04(-0.33%)May 26 4:00 PMEDT