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dom1971
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Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

No in fact I was fairly sure I'd get a few crackpots like yourself having a go. Hook line and sinker anybody? I can't say I'm not amused, myself.

LOLs. "New world order" - I threw that out there as one of the more hair-brained "buy gold" themes. If it does happen I doubt a few chunks of yellow metal will make life any easier. Even brave keyboard warriors who had the balls make the commercials richer all the way down the road to ruin may even find life hard too.

After all we know that if society does fall you'll be the first to demand from others in exchange for your PMs what you otherwise could not provide yourself. Keep supplies, build some honest relationships with skilled people and learn some needed skills of your own to provide for yourself and others in fair trade, rather than think of how you can "buy" them.... maybe? Naw that would be too much like real work, right? What we'd really need is a bunch of "smart" "PM loaded" individuals to rise from the ashes and establish a new 1% as soon as possible! Brilliant!

Anyways, yawn.. intellectualise it all you want. Whatever floats your boat. No nerves being hit here... that's what a liberating experience does for you. What are you complaining about anyway? Less metal on the market means higher prices right? In effect I may have saved silver from going that little bit lower. Look, its up a little today.
:)

You have a great Christmas!

Commented 3924 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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