Re: Gold Approaching 2010 Highs; Will ETFs Follow? When I was young, my moth...
I completely agree.
I've traded a lot of Gold/Silv stocks the last few yrs, both in my L.P and Real Time. Whenever I am in another group of stocks I feel rather uncomfortable, but when I am in the PM stocks I know I am on the right side. I ALWAYS trade with the trend, up or down, but mostly up.
No Pump No Dump, but a Goose is good for you now and then.
M_g
Reply to 10x - Msg #38 - 03/05/2010 19:50
Re: Gold Approaching 2010 Highs; Will ETFs Follow? When I was young, my mother read me the story of the goose that laid the golden egg. I knew it was fantasy but now we really can have one of those magical geese. Gold Etf's, mining stocks. Gold is the real money wealth of the elite, Yes the same elite who tell us to trust the paper fed reserve debt notes.
The correct price of gold if adjusted for real inflation since 1980 would be approx 2400.00. The dollar is purposefully being devalued and will be taken down another 40 to 50% during the course of this year. That will send gold to new levels.
This is one train you don't want to miss. Even if you believe those in charge are looking out for your best interests, which I can assure you, they are not, buy a bit of gold and or gold stocks, Just let it sit and see if you don't wish you had bought more.
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