Glad I have been strong while various celebrities pleaded with me to buy gold
And the gold hawkers say, Buy Gold! It’s going to be $2000 an ounce! If they really believed that, they would be buying, not selling.
Just again, makes me wonder, what is an average upper middle class investor to do? Invest bigger amounts in gold? Invest in real estate more? Do the flipping houses thing? Invest in energy stocks such as Exxon-Mobil? Invest in major retailers such as Wal-Mart? Just invest in stock market index funds? Buy more government bonds? Buy bank CDs, even though they pay next to no interest nowadays, because your principal is safe?
Of course it’s falling. It was long overdue, as some of us tried to warn. Get used to it. $1k could come fast.
And I keep hearing the idiotic commercial on radio proclaiming some gold guru is saying the price of gold will go above $2000 an ounce by the end of the year...just wondering when this will finally get pulled. Some shit REALLY better hit the fan for that prediction to come true...along with the silver over $50 an ounce prediction.
The nearer the collapse, the more common and radical fluctuations might be.
platinum is a steal at $1300.
just my opinion
Goldbug ping.
Gold is worth what Zero says it’s worth.. as an investment..
But worth far more after the ____ hits the fan..
The dump could happen tomorrow..