Recevez notre Marketbriefing
plons
Member since January 2014
3 commentaries -
0 followers
has posted a comment on the article :
>Gold and Oil on the Verge of Something Big - Hero's Rarely Win  - Chris Vermeulen - GoldandOilGuy

Dear Sir,

I'm not sure I You do believe yourself what you say.. But let's summarise..

- How many folds the monetary base has been increased ?;
- There is absolutely no warranty that FED will end QE. If they do the stock market will collapse.. Game Over..So they will continue..
- No one wants to buy US treasuries any more - BRICS are selling them.. $ returns to US..
- There is 80-100 times more paper GLD, ETF then physical gold to at vaults..
- Germans received just 5 tons from almost 400 - if gold is so cheap - just Please give it back to them ! ;
- It is almost impossible to by 5 or 10 tons of gold with single order;
- Gas, electricity, transport becomes more and more expensive and.
- It is harder and harder to find oil - Libia, Egipt, Syria, Ukraine in fire.. and you claim oil will become cheaper ?

If you are so sure gold with reach 900$ - just short sell it !!! What you are waiting for ? I will be very happy to buy for 900$ - as most of the China.
and you become a millionaire !

If you mean GLD, ETF market - I have to agree - the price of ETF, GLD may even reach absolute 0 - as they are in danger of luck of interest or delivery failure.
But does it mean physical Gold will become 900 or 0 ? Socks will not go up forever.. or $ becomes worthless..

As US does have to "print" more and more $ in danger in deadly deflation - inflation ( or hyperinflation ) is the only way to go - otherwise it is Gave Over for bankers.. and US become bust..

It is not a matter believes or if someone wants it or nor - there is NO other logical choice or big reset ! But then Gold will become one of just few "mediums" to balance international debts. ..or the war..

Brace Yourself for higher prices of Oil and Gas and Gold as your assumptions make take you by surprise. But as it looks like like sponsored article - then please do not
mislead the public - as it may cost them dearly.

Thank you.



Commented
3707 days ago
-
Send
Beginning of the headline :Gold and Oil on the Verge of Something Big - Hero's Rarely Win Everyone has been calling for a bottoming Gold the last year. But the fact is that gold and gold stocks are still clearly in a bear market. Just look at the 200 day moving averages. The previous trends were down and prices have been moving sideways for the past year. A lot of newsletter and analysts are calling a bottom. Technically it's just a consolidation pattern. Consolidation patterns are a continuation pattern, meanin... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles
MOST READ
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.