Even the guys who bought well a decade ago are going to have to concede they should have sold - while just about everyone else has had their arse handed to them when adjusting for inflation. Of course things could be worse. People could have bought silver before they paid their mortgage down and absolutely shafted themselves... but hey.. whatever
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
... Of course things could be worse. People could have bought silver before they paid their mortgage down and absolutely shafted themselves... but hey.. whatever
That's the spirit Mel! Look on the bright side of things - As me ole granny used ta say "Ya can always find someone else worse off than you hey?"
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Even the guys who bought well a decade ago are going to have to concede they should have sold - while just about everyone else has had their arse handed to them when adjusting for inflation. Of course things could be worse. People could have bought silver before they paid their mortgage down and absolutely shafted themselves... but hey.. whatever
If you are interested in an asset Mel - you either hold it or trade it. The fundamentals were there for gold. They are no longer there. But what is the long term future? no one knows. that is why some people hold. Personally I think it will break 1000 before it breaks 1500. You also need to consider the price in AUD if you are Australian. Measuring it in US doesn't mean much if your currency is dropping.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
Knowing that you were is what made it so funny Mel ...
yep - i suck bigtime
What does everyone think about the gold support thing? It doesn't look good at all..
Maybe BP can find us a Gerald Celente video of Gerald having a mild stroke live on youtube
newjez
25 Nov 2013, 05:10 PM
If you are interested in an asset Mel - you either hold it or trade it. The fundamentals were there for gold. They are no longer there. But what is the long term future? no one knows. that is why some people hold. Personally I think it will break 1000 before it breaks 1500. You also need to consider the price in AUD if you are Australian. Measuring it in US doesn't mean much if your currency is dropping.
absolutely agree Newjez, and I couldn't agree more with the exchange rate potential.
Personally I would recommend most people hold a small amount 'just in case', since people like me clearly have no idea what they are doing and tend to chase the market the wrong way almost every time
What does everyone think about the gold support thing? It doesn't look good at all..
Maybe BP can find us a Gerald Celente video of Gerald having a mild stroke live on youtube absolutely agree Newjez, and I couldn't agree more with the exchange rate potential.
Personally I would recommend most people hold a small amount 'just in case', since people like me clearly have no idea what they are doing and tend to chase the market the wrong way almost every time
Don't be hard on yourself mel, you were on a website where everyday someone was telling us that "you can't lose" on gold and silver.
They are the famous last words of many a speculator.
Look on the bright side - our old mate Nick sold his house in the trough and bought gold around $1200 per ounce and according to his story he has "backed up the truck" a few times in the "dips"
Look on the bright side - our old mate Nick sold his house in the trough and bought gold around $1200 per ounce and according to his story he has "backed up the truck" a few times in the "dips"
It's what his grandpa told him to do.
I guess i could always think about him if i wanted to feel better
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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