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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.15+0.8%4:00 PM EST

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To: Maurice Winn who wrote (86606)1/30/2012 1:01:41 AM
From: John Vosilla1 Recommendation  Read Replies (1) of 218039
 
its going to be a long grinding year for the gold bugs - who claim to want only safety, not get rich quick. They should be very pleased to be "safe

Nothing more than another leveraged play of chips in the casino. You want something tangible and safe buy a real hard asset that the real economy needs and generates true cash flow that you actually have some control over. This whole gold bug, Ron Paul is god mantra going on fighting the establishment, fighting the politicians, bankers or WS via gold as the 'safe haven' has gotten ridiculous. At one point I thought it would take the son of Volcker and misery index approaching 1980 to signal an ultimate gold top and that still might be the case but it will be quite a bumpy ride to finally get to that point. Most of us might be dead by then..
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