Gold Price Correction
The myth of contrarian investment fascinates me. Most people were dumping AIG and GM earlier this year. Were Contrarians wise to buy those stocks? NO. People are dumping dollars and buying gold. The reasons are obvious. Are contrarians right? NO. Will there be a 10% correction in gold price? OF COURSE, but when? A forty percent correction? Why? Will the Obama regime stop printing money? NO.
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As the USA continues to become a non-productive mooch, it will become more vulnerable to unbelievable economic turmoil.
Copper