Now he’s changed from “gold has not bottomed yet” to “Yes, gold has bottomed, last December.”
What a clown!! LOL!!!
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Dear Silverngold,
Gold’s bounced a bit, and now, everyone wants my head. They figure — again — that gold is ready to blast off to $1,300 … then $1,350 … then $1,500 and even higher, without ever looking back. They say the background environment for gold — and other precious metals and mining shares — has never been more bullish. I say, baloney! Yes, gold has bottomed, last December. Yes, gold, the precious metals and miners are in new bull markets that will see much higher prices and could last for years. But no way are the metals or miners going straight up from here. No way are they on a rocket rise that will never look back. And no way should you jump on board with both feet. You’ll surely lose it all. |