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Spokes
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Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

Wow, guess I hit a nerve dead on, otherwise why would my last comment garner two responses. It's good to see that you (supposedly but I don't believe it) feel no guilt for doing something as ridiculous as tossing silver into the ocean. Do you also play on the freeway and feel great about it? Your right I don't know you, thankfully. I chose people I associate with carefully and avoid those who display actions and make statements that show an underlying lack of common sense.

As for my foul minded existence, have a look in the mirror, you’re the one that decided to toss silver into the sea without considering that you were wasting money (however you define it) to satisfy some twisted need to feel even worse about having bought the stuff. Who cares that this could have been used to buy school books for your kids or maybe even feed some homeless people. Point here is that you don't deserve the things you have when you recklessly waste what others desperately need to live so don't come in here expecting that we'll cheer your stupidity. You really want to feel better after making what you consider a mistake then take what PM’s you might have left, cash them in and help some homeless kids get a hot meal. A good deed may cancel out your feelings of stupidity.

I can only laugh at your comment about my being all set for the new world order. Do you believe you'll fair better? Oh wait, you just might since you'll have an abundance of butt wipe fiat $ stashed under your mattress. And lets be clear, you’re the one that came in here poo pooing PM's because you haven't got the balls to hang on to the stuff till it pays back, but here you are cruising and commenting on a PM's site looking for something. Did you think we would all stand up in here and applaud you for making ludicrous comments on the condition of PM's today?

Commented 3788 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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