you just never know ...the money is now in the bank! he,he,he
should be a pretty sight
you think this year has been bad for ya? just wait until 2014
NEVER BET AGAINST THIS COUNTRY. NEVER!
$1100 is not scary, $500 is scary
I think this thing is about to take off.
i guess that is human nature.
the fact the gold more than quadrupled without any inflation to speak of is set aside.
people fall in love with their investment and are blind to the reality
read the history. read about the Great Depression. Things change. Take a look at the ISM number. Travel. You are stuck in the past and you are betting against this country while quoting the Constitution.
you are absolutely correct, except not everyone is in the market today. Most are still shell shocked and waiting on the sidelines. When this fine folks jump in, your rule will kick in.
Likewise, when the bubble in gold will burst, the inverse of your rule will also be true
has your salary more than quadrupled too? I seriously doubt that.
Toyota is selling a brand new Camry for $21,500 with 0% interest for 5 years. This same car was probably $16,000 with a 6% 5 year loan, 10 years ago. WHERE IS THE INFLATION to justify the move in gold?
Nowhere, and that is why the gold prices are dropping. Stop blaming "manipulation" and look at the ISM number from yesterday. Look at the facts. Go to a mall to see the madness. Travel to see how busy the airports are.
I can promise you one thing, when the time comes to sell your "physical", the shark behind the counter will not give you your money back because Obama is a "muslim from Kenya".
they can hold them to maturity and get back the principal plus the interest. the Fed could make TRILLIONS in the process and use the money to eliminate the debt.
the economy is coming back with a vengeance. like I told you for years, never bet against this country. NEVER
it hasn't gotten scary yet.
$5 to $7 would be scary
next year the bubble will finally burst. stay away if you can help it
hopefully there will be some sort of bounce so some of you get a chance to get out.
between now and the end of the year, i believe that the $17.75 low will be retested and will not hold.
if you need to be in silver, come back at $10 next year
the government doesn't have to sell the bonds. you only lose money if you have to sell. the Fed can hold the bonds to maturity and use the interest that it collects to pay down the debt. unless the company that sold the bonds goes under, there is nothing to lose.
if the interest rate goes from 3% to 5%, you don't make as much money, but again, unless you have to sell, you are not losing a penny.