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S W
Member since May 2012
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Why Gold Ain’t Goin’ Anywhere Anytime Soon: Revisited - Mickey Fulp - Mercenary Geologist

When you dump fiat in exchange for gold you are effectively shorting the fiat.
Now why would anyone do that?
Because it is a no brainer.
When you put an ounce in the palm of your hand it is confirmation of the no brainer fact.

Commented 2125 days ago

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Beginning of the headline :The usually suspect gold bugs and perma-bulls have been quite noisy over the last few weeks trying to convince bullion traders and stock speculators that the price of gold and ergo, the market capitalization of gold stocks are on the verge of a big break-out to the upside. And the unholy believers amongst this cult are still predicting $2000 or $5000 or even $10,000 an ounce, just as they have since the glob... Read More

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