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dom1971
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Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

Oh I regret my past decisions alright, my decisions to buy gold and silver in the first place. It's a mugs game.

I know, lets all have a game of monopoly... I'll be the banker and I'll manipulate the property prices on every roll... anybody want to play?

Commented 3795 days ago

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Beginning of the headline :After a 12-year run, it looks like gold's wave has truly crested, and many bears are arguing that it's all downhill from here. A quick glance at a long-term gold price chart can certainly seem to confirm this impression. Gold's price has fallen by more than a third since its 2011 high. The downturn exceeds the 2008 waterfall selloff. Many technical analysts are saying that the "damage" on the charts is too great for gold to recover. The rout is so bad, even hardened goldbugs have grown quie... Read More

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