I don't want your house. I'm not interested in your house. I don't care if you live in the wealthiest section of California. I don't care if you have more money in your back pocket, then I do in all my accounts. I don't care if you think NASDAQ, DOW or rates are going to climb. I don't care if you think there's a conspiracy behind every tree.
This thread is about GOLD.
In the last 700+ posts here, the amount of information and discussion has been less then informative. This thread has plunged into a sideshow. Many here are talking about the past {'gold at $800'} and believe that it would, could, should occur again. The condition then are far from what they are now. And those same conditions are unlikely to occur in the future. With that said, gold does have an upward trend line. But that can only be reached if certain {Enigma:your turn} conditions occur. When gold was at $329 I heard how it was going to $500+, well where is it now? At $285 it's only 12% off it's all time lows. And yet it's 13.3% off it's highs.
Where's it going tomorrow, next week; and why? What makes anyone believe that gold is undervalued, when the evidence clearly points to over valued. Many say that Gold is the ultimate store of value. Yet that store of value doesn't make it utlimately the best value. If Gold be like a currency, then it is subjected to the same components as any other; and every other currency. Monetary supplies, rates, growth etc. Without a compound understanding of all those, you are simply guessing. And as far as guesses goes, this thread sucks. Many here have been wrong so long, that when they are it appears to be a miracle.
So why would I be interested in your home?
Hutch |
