Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Wheaties who wrote (111265)	5/5/2010 12:24:30 AM
From: Proud Deplorable	1 Recommendation Read Replies (1) of 116555

Gold just hit 1,200.00 Canadian!!! I would never short gold. Message 26509569 Why would you do that when all currencies are going down against it? Gold is a protection not something to trade. There are far better things to trade out there. I guess being in Canada is a protection from taxes on it or confiscation. If you happen to think that this is in the cards for the USA then you better get out while the gettins good. If the US tries to tax it or call it in the USD will drop like a lead balloon. Oh I forgot, it is.

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