sure you did.... always the way with the bears, they magically have managed to sell at the peak and will buy back in at the lows. yes and purple monkeys from outer space could come and buy it as well yep, and you were all insisting gold to the moon then.
Sounds like someone missed out on making money from gold. Sour grapes? It's not too late but you're going to need capital to work with instead of massive amounts of debt.
Sounds like someone missed out on making money from gold. Sour grapes? It's not too late but you're going to need capital to work with instead of massive amounts of debt.
Catweasel say it not a witchcraft or even fantasy tale,
but a Japanese who buy a gold the ETF could the double its money in a 4 the years,
in a land of sinking the prices,
and a sinking the salaries,
and a kind of 0.1 the interest rates.
How can it fit into narrative of squawk guru?
And when it get filtered down to a various rapscalls and rascals,
Sounds like someone missed out on making money from gold. Sour grapes? It's not too late but you're going to need capital to work with instead of massive amounts of debt.
Don't the Bulls have faith in the equity fairy anymore? It is now diminished into unimportance?
I sold at $1500 to $1600 AUD over the past few years.
You're now, or earlier, making up shit. You have been saying continuously over the last few years that gold is going to $3000 or more. Now you claim you were selling at the same time you were spruiking gold to the moon.
Sounds like someone missed out on making money from gold. Sour grapes? It's not too late but you're going to need capital to work with instead of massive amounts of debt.
mean like you missed out on housing? I also missed out on making a fortune from bitcoins, but unlike you lot I'm not running around whinging about bitcoins being in a bubble and how they must revert to mean.
I am the love child of Tony Abbott and Pauline Hanson
I'm more than happy to stick with property. It's simple, can be used in multiple ways, and now generates more cash than is needed to hold and maintain the portfolio.
Being paid to wait for capital growth - yes please!
Would I lie? (except about my sexual adventures, but all men do that)
I've explored the issue, and gold rose strongly in 1930's when the US government hoarded. The same thing happened in the last Gold Bull. The central banks mysteriously selling and buying gold counter intuitively. Will they do so again?
No, I said gold is worth about $1600 (with ZIRP), I warned people not to buy over $1700.
actually you've said before gold would be a bubble at $2000/oz, but it's good to see you are finally coming around to my way of thinking.
I am the love child of Tony Abbott and Pauline Hanson
You're now, or earlier, making up shit. You have been saying continuously over the last few years that gold is going to $3000 or more. Now you claim you were selling at the same time you were spruiking gold to the moon.
You're now, or earlier, making up shit. You have been saying continuously over the last few years that gold is going to $3000 or more. Now you claim you were selling at the same time you were spruiking gold to the moon.
I thought central banks would buy in 2013, so I was wrong about the year....so what? I may even be wrong about the central banks hoarding, even though they have done it in the last two gold bulls.
But world interest rates did bottom early 2013 and now they are on the upswing. Whether the 10 y benchmark falls to 1.6% again is anybodies guess.
I was going for a 33 years cycle, others believe in a 37 year cycle. It might be 2017? I prefer 33 years because it splits a century into 3 neatly.
Pig Iron
20 Dec 2013, 02:16 PM
actually you've said before gold would be a bubble at $2000/oz, but it's good to see you are finally coming around to my way of thinking.
Of course it would a bubble at $2000. I price gold at $1600 with Zirp. But that only counts for humans......the central banks ain't human. They bought in the 30's and the 80's when it was relatively expensive. And sold when it was cheap....you go figure?
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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