Short Gold, now

if you short gold then you are fool :P .. gold target is $2200 because of devaluation of Dollar. there is no reason that gold will fall in long term but there are many reasons for its rally.. because of debt issue it rallied upto 100 dollars, now debt issue i fixed. gold price will not fall $100.
 


Gold still rising, up $23 today. Dollar continues falling, down against many currencies. The market does not believe.
 
So did OP shorted? lol


I also think Gold might correct, so will Silver. Won't be so audacious as to short it though. I will certainly buy both in dips. Silver did have a minor hick up and I was scared shit, but I am ready to buy more in Dips.
 
Yep, I shorted @ 159, wish Obama would quit screwing around in the bathroom and get this press conference under way, markets are restless, it was supposed to start a half hour ago
 
mont7071 said:
Yep, I shorted @ 159, wish Obama would quit screwing around in the bathroom and get this press conference under way, markets are restless, it was supposed to start a half hour ago
Click to expand...

Watch what happens when he talks :) You can guarantee he is going to say some dumb shit to further destroy our economy. Guy doesn't understand basic business.
 
nevermind my comment.
Fuck Gold or Silver.

Just check google keyword tool- Exact Match for
[gold price] 673,000 246,000
[silver prices] 301,000 246,000
[silver price] 165,000 74,000

With great CPCs. Some long tails to be found for lesser volume, but competition i not that heavy. Enjoy. This will make you more money than trading in metals.
 
blogspotter said:
nevermind my comment.
Fuck Gold or Silver.

Just check google keyword tool- Exact Match for
[gold price] 673,000 246,000
[silver prices] 301,000 246,000
[silver price] 165,000 74,000

With great CPCs. Some long tails to be found for lesser volume, but competition i not that heavy. Enjoy. This will make you more money than trading in metals.
Click to expand...
Quit outin' brody!!!
 
BigWill said:
Watch what happens when he talks :) You can guarantee he is going to say some dumb shit to further destroy our economy. Guy doesn't understand basic business.
Click to expand...

We actually agree on that point, our President has a frighteningly poor understanding of basic economics..
 
Some food for thought:

Both times in US history where the price of a share of the Dow has been a 7:1 ratio with the price of an ounce of gold they eventually meet at 1:1. Meaning, right now the Dow is 12,000 and gold is 1640 which is 7.3:1. We are getting pretty close. Will they both meet at 3000? 20,000? We will see.
 
It's scary how incompetent our politicians look right now. The rest of the world is laughing at us. Total disconnect from reality.
 
I'm a Ron Paul supporter, but honestly, I believe that the best solution is to become "Rich enough to become a Democrat".

There's no time to screw around being in the middle class, getting fucked upside and down by both of these clueless parties. And the stock market is simply gambling and false security for plebeians.

Time to make more money before it's too late.
 
Ron Paul FTW ... The powers that be are scared for him to get into office so they limit everything they can about him in the media. The CNN poll they snubbed him in was sickening. The little faith I had left in our media was gone there. It showed Ron Paul had zero votes out of their massive 54 vote sample size. Talk about statistically significant. They had a user vote on their own web site with thousands of votes where Ron Paul won by a landslide.
 
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