Why Commodity Bull Eric Bolling Is Short Gold

Gotta love it when they say 'Historically, x's price is valued at such relationship to Y', then immediately note 'past performance is no indication of future value'. Historically, we communicated with smoke signals, we now communicate with cell phones. Historically china has not been a consumer of electronics. Historically, icebergs dont melt in summer.

coz he wants to get train wrecked !

Invest in diamonds. Everybody knows that gold is old, but the ice in my mouth keeps the cristal cold!

Platinum is held in high regard in Asia. Going forward, economic power is shifting east.

Sitting on gold & copper

It's time to start stocking the cellar with c-rations, dried milk, water, and ammunition. Next year the dollar will be worth less, unemployment over 12%, inflation skyrocketing, and inventories dried up.

Why doesn't anyone seem to get it? Gold is only money if it is legal tender and can be used to pay taxes. (unless the economy is underground). You can thank 1913 for that. Yes, it may rise as people look for a safe haven. The other point people miss and someone covered it above - Gold has been money in the past and as such, is very different than platinum. The unusual times in which we live is the reason the relationship between the two is skewed,

pump and dump!!!!!!!!!!!!!!!!!!! In your aszz... LOL

Why doesn't anyone seem to get it? Gold is only money if it is legal tender and can be used to pay taxes. (unless the economy is underground). You can thank 1913 for that. Yes, it may rise as people look for a safe haven. The other point people miss and someone covered it above - Gold has been money in the past and as such, is very different than platinum. The unusual times in which we live is the reason the relationship between the two is skewed,

Why doesn't anyone seem to get it? Gold is only money if it is legal tender and can be used to pay taxes. (unless the economy is underground). You can thank 1913 for that. Yes, it may rise as people look for a safe haven. The other point people miss and someone covered it above - Gold has been money in the past and as such, is very different than platinum. The unusual times in which we live is the reason the relationship between the two is skewed,

hope eric is still chocking on his crude that he bought at $45...i say if you loved it at $45...buy more now...its $41!! double up...

Too funny - about the gold-bug mating - you're right about the 25 year cycle. People argue that gold is "the only real money" - whatever - it is ultimately backed-up by faith, just like any of the "fiat worthless paper" currencies that gold-bugs deride. Gold isn't edible or practically useful, it is only worth what it can be traded for, like the US dollar or yen. Whenever people start talking about "vast conspiracies" for why their investment isn't working out, you know it's useless to try to reason with them. I'd rather have all my money in real estate right now than gold.

If you do the opposite what this guy says you would do well.

when the dollar becomes worthless ! the only thing that will matter is FOOD and GOLD this is scary stuff

You say Gold is no better than a 3% bank interest ?If I had my principal back plus 3% I would have about43% more than I have in my port' now .How great would that be?

Bolling looks like a shill for the bullion banks. I doubt that he is retarded, so what is the sense in his nonsense. And what is that smell?

The bottom line is that the United Staes Government is a criminal entity and has on a consistant basis stolen the value of the producers for it's criminal parisitic reasons since the inseption of the Constitutionaly illegal Federal Reserve. The underlyinf obligations of the derivitives, SS, retirement funding and all other aspects of the fractionalised and worthless paper currency exceeds, are you sitting down, 1.4 Quadrillion. It will never be paid. It will destroy the paper printed today before 2012, most or all. Continue to accumulate in the physical, gold coin, bullion, silver coin and bullion. It will sep[erate you from the slack jawed masses. The price of gold ans silver in the very near future will exceed any sensible reasonable price. Remember the government in Washington, is the enemy. The macy's Christmas Baby of 1938 approves this message It is offered under the protections of the 1st and 2nd Amendments to the United Staes Constitution as Ratified Jan. 15, 1791

Gosh o golly, Gold just went up $14.90 per oz to $857.90. If he shorted gold today, he is now under water. Ben and Hank have done their very best to shut out this store of wealth. Spot price has been very volitile in the last several months. But if you were informed back in April - June of 2001 then gold was $256 per oz. That was the time to get in, and not necessarily now. The math says from $260 to $860 = $600 per oz to you, but please do pay your taxes 0.28 X $600 = $168 in taxes and $432 to you. Not bad investment over the 7 years, just in Physical).

bolling he NO CLUE

When the dollar becomes worthless, the only thing that will matter is food and the ability to keep it. Ammunition. Ammunition will be tradeable to all who have the ability to enforce ownership and personal protection. If you think that currency becoming worthless will not cause mass looting, then you need to wake up.