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September 19, 2009

4

Gold Price Ready to Drop?

by oakley711

pyrite specimen fools gold

pyrite specimen fools gold

Almost NOBODY thinks it’s possible that gold can go down in value.

Hmmmmmm.

-Almost nobody thought tech stocks could go down-
-Except for those of us who refused to invest in tech unless these stocks paid dividends, sold real products and had cash reserves.

-Almost nobody thought houses could depreciate wildly-
-Except for those on the various housing bubble blogs who said ‘this is nuts’ and refused to drink the real estate kool aid.

-Almost nobody thought Oil would fall like a stone-
-The oil price declining was a bit of a surprise, but perhaps it was due to hedge funds getting out of the oil market when Congress starting asking questions. (Oil has gone up from its lows.)

-Who would have thought that tulip bulbs were worthless?

pyrite fools gold


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4 Comments Post a comment
  1. Hi some really useful info here… Subscribed to your blog feed ;) Keep going its good work!

  2. Valuable info. Its great that I found your site by accident, and cannot understand why i didn’t find this post earlier! i have social bookmarked it now.

  3. Sep 23 2009

    There are a lot of things that people don’t believe. It’s in their experience that these things don’t even happen so they don’t believe it’ll happen. The stock market went fuzzy once, twice, now a third time. Based on my history lessons and my experience, I think it’s going to happen again sometime later in the future!

    Gold Buckles

  4. Diamonds
    Sep 23 2009

    Gold has always been a man’s best friend. There are always men, so that means there’s always a market for gold!

    Herkimer Diamonds

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