Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (92048)	12/18/2009 11:19:14 AM
From: Real Man	1 Recommendation Read Replies (1) of 94695

Yep, gold resembles a fire extinguisher, and there is definitely that nasty smell when it's bubbling up. All is not well. The demand for fire extinguishers is up when there is smoke and fire. Not that smoke and fire are invisible at this time. As stocks crashed in 2008-early 2009, folks were buying gold like crazy, even though it crashed too. In fact, as price of gold on CNBC showed 700-something, you could not buy the actual stuff this low. You could sell it higher too. The physical price last year disconnected from nymex. -g- marketwatch.com Gold is a unique fire extinguisher. When markets crash, folks run into government bonds. When countries fail, folks run into gold <G>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next