Is This Gold Breakout For Real? De-Dollarization may be the key factor.

Posted by markjr 5 months, 1 week ago to Economics
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Historically, fresh all-time-highs portend drawdowns for gold... Why this time may be different.

All Comments

  • Posted by tutor-turtle 5 months ago
    You have to have real patience to be a stacker.
    Buy. Hold.
    Trying to out guess the market, will screw you every time.
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  • Posted by freedomforall 5 months ago
    Update 5 days later
    Silver down 10% from 25.90 to 23.29
    Gold down 5.5% from 2135 to 2020
    Reply | Permalink  
  • Posted by freedomforall 5 months, 1 week ago
    Haven't you noticed that since the widely trumpeted 'breakout' (or sucker rally) to $2135/oz that Wall St
    traders (aka price manipulators) have dropped the price of gold more than 5% in 2 days, and dropped
    the price of silver more than 6% in 2 days?
    Sure, it's different this time and the scum on Wall St will keep cheating everyone else like they always have.
    Wall St is a giant con game and the SEC is a willing participant.
    Next opinion from gold bugs: another "buying opportunity" for gold.
    "Paper" gold indices should be banned.
    Reply | Permalink  

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