Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Goldman's 'gold is dead' call is perfect contrarian indicator, Ron Rosen says

IMG Auteur
Published : December 06th, 2012
61 words - Reading time : less than a minute
( 0 vote, 0/5 ) , 3 commentaries
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
3
comment
Our Newsletter...
FOLLOW : Gold

 

 

 

 

Financial letter writer Ron Rosen today tells King World News that Goldman Sachs' call for the end to the gold bull market is a perfect contrarian indicator. Rosen compares recent gold charts with charts from the gold bull market of the 1970s and sees great similarities. An excerpt from Rosen's interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/5_Ro...

 

 

<< Previous article
Rate :Average :0 (0 vote)
>> Next article
Latest comment posted for this article
Agree that's its good for rehabilitation too. Many Vietnamese can testify to that when they resettled in Singapore and Australia. If the gold price moves to $900, its very good news for Asian buyers. More physical will be bought and delivery will be requ  Read more
William Tan - 12/10/2012 at 7:15 AM GMT
Top articles
Latest Comments
Chinese Copper Elephant
21 Decovertheedge
If some of the central African countries, such as Nigeria, get their politico-economic acts together, then increased demand for base metals, especi...
41 Facts about Central Banks no ...
20 Decprljr
Common sense and logic dictate that if this was taught in schools it would not exist as it has these past 100 yrs. The monetary system is a CON a L...
41 Facts about Central Banks no ...
19 Decsamking73
I'm not sure that much was taught about the central banking system back when I was in school...25 + years ago. At least not the important parts.
Gold & Silver Market Morning
19 Decend
If you trade XAU/RUB and have bought XAU using RUB, you should have closed your position as he advised. Then you should have switched, buying gold ...
Muslim terrorism, the left and t...
19 DecFirebear1
All please understand this person was a Muslim,that was his believe! His character was that of a criminal as was shown by his action on the day and...
Napoleon vs. Cheney: "Interrogat...
18 Decwalmarde
Torture just put the moral line lower. Lets think about American exceptionalism. What we want ? we want to spread and defend that exceptio...
Napoleon vs. Cheney: "Interrogat...
18 Decwalmarde
Utilitarianism is bad philosphy. I'm also very disgust about torture. It will backfire in our face. We are now no better than ou...
Napoleon vs. Cheney: "Interrogat...
18 DecJosu O.5
I cannot overstate how important is that every american read this article. It's absolutely wonderful how you have summarized every aspect around to...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
  All Favorites Best Rated  
Agree that's its good for rehabilitation too. Many Vietnamese can testify to that when they resettled in Singapore and Australia. If the gold price moves to $900, its very good news for Asian buyers. More physical will be bought and delivery will be required. Asians in general want the physical. They want to touch and hold. As it has been said many times on GATA; "if you cannot hold it, its not yours."
Tan is right. During partiton between India and Pakistan in 1947, it was only gold that we could manage to conceal and carry leaving our landed properties and farms behind. Gold was concealed in all possible nooks and corners of our physical self, especially women hid it in their hair and clothing. Some of us who got cornered bartered gold to save our lives. Gold also helped in rehabilitation and making a new beginning. Gold's low volume and high value came to the fore. The history of the human civilisation establishes the connect between mankind and gold.Many an empire fell because of it ( Timur invaded India 17 times) but gold still reigns supreme, only changing its masters.
Rate :   1  0Rating :   1
EmailPermalink
A lot of the new generation have got no memories of past history or knowledge of what's valuable in times of crises or wars. I lived in Singapore and remember stories of Japanese occupation, war in China and Vietnam. Only gold got them out to safety when all else fail. Vietnamese who escape the hardship of war n starvation had gold bars as medium of exchange. That's why Asians has a close affinity to precious metals.
Rate :   1  0Rating :   1
EmailPermalink
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.