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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (20669)8/1/2007 7:51:00 AM
From: carranza2  Read Replies (3) of 217688
 
I refer you to a post by someone who on occassion hits it out of the park.

Message 23512782

He has been quite correct in his thinking that gold is a sucker trade, leveraged to the hilt by folks who, like you, are mesmerized.

Given the financial and political risk, why has gold undeperformed so badly? A serious question begging a serious answer.

As the punch bowl of liquidity is drained, and I think it is being drained b/c it must be drained, the leveraged-to-the-hilt gold speculators are going to get killed.

I hope you are not gold-leveraged.
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