SI
SI
discoversearch

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.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zincman who wrote (41004)2/15/2013 11:50:53 AM
From: benwood3 Recommendations  Read Replies (1) of 48092
 
fwiw, I rarely see 'advice' on this forum at least. Just commentary and opinions.

I pointed out that irony recently that the lower gold goes, the more commentary I see published about how much higher it eventually will go. Sort of like a promise of heaven. I can't help but think that if I were a gold investor in 1982 or so, I'd have seen the same sort of stuff.

But I also would have seen the same sort of commentary about gold around 1975 and 1976 where it dragged along a persistent decline and dropped from about 175 to 100 over a period greater than a year. A similar decline from 1900 would see 1100 visited. Followed by a ride to 8000.

Ouch... what a bumpy ride.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext