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overtheedge
Member since May 2012
680 commentaries - 6 followers

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has posted a comment on the article :

Ohh nooo!!! Gold so low! - FOFOA - FoFOA

" ... $250 an ounce at the same time as the Dow was hitting a new all-time high of 11,300 ..."

And now here in the depths of another drop in gold prices (silver too), gold is still better than 5 times higher in valuation while the Dow is 1/3rd higher. If I thought physical gold was worth the price when it was $1800, then $1350 is a steal. Same argument for physical silver.

All it takes is some discretionary monies.

Commented 4165 days ago

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Beginning of the headline :Another day, in another time, gold had plunged to a 20-year low, plumbing the depths of $250 an ounce at the same time as the Dow was hitting a new all-time high of 11,300, even as astute followers, just like some that I have today, were then following Another and FOA. Some threw in the towel in disgust, some turned on the messenger, and everywhere you could cut the tension in the air with a knife. I was following the thread of a particular (unrelated) discussion in the old USAGOLD forum archi... Read More

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