Gold Price About to Fall?
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The panic buying that is taking place above $1,000 will turn into panic selling when the dollar finds its floor (and it surely will). Talk about the mother of all short squeezes – the dollar snap back is going to be violent. All it takes is one geopolitical event to trigger a flight to the greenback.
Remember Warren Buffet’s adage; “…buy when everyone else is selling and sell when everyone else is buying…”
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Fantastic post full of great advice! My site is just starting out and I am also having a trouble getting my readers to leave comments. Analytics shows they are visiting my site but I have a feeling “nobody wants to be first to comment”.
My partner and I came over here by a someone elses web site and guessed I might as well check things out. I thought it was very interesting so now i am following you. Look forward to looking into your web page again and again.
Yes, gold is manipulated. Yes, it is going down ($500, minimum). Just look around you at ALL the commodities, almost all of them have been slashed by at least 50%, do you really think gold is any different? Its not.
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I’m waiting for the dust to settle.
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Gold will always be popular with those who are materialistic rather than smart investors.
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