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dom1971
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Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

This windfall change that we're all waiting for with the $ can't happen with complacent populations that are incapable of keeping their governments accountable, let alone of revolution. Even then you'd probably still need to survive for a generation or two before order is re-established and you can spend your gold safely.

Commented 3930 days ago

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Beginning of the headline :After a 12-year run, it looks like gold's wave has truly crested, and many bears are arguing that it's all downhill from here. A quick glance at a long-term gold price chart can certainly seem to confirm this impression. Gold's price has fallen by more than a third since its 2011 high. The downturn exceeds the 2008 waterfall selloff. Many technical analysts are saying that the "damage" on the charts is too great for gold to recover. The rout is so bad, even hardened goldbugs have grown quie... Read More

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