Originally Posted by mact3333
Gold will be a buy again when Bernanke cries uncle and gives the street QE3...simple as that...in mean time, deflationary forces at work as margin calls will cause people to sell everything not nailed to floor and esp. winners where they still have profits.
BTW, agree with you gold should see 2500.00 but not this yr...we need a flood of funny money Fed inspired money supply to get the CRB and gold moving again.
when your mailman and hairdresser both tell you to get long Gold and Silver in your portfolio (as they both told me 3 weeks ago), you know its time to GTFO and get fucking short as fuck and keep pressing it....thank god my puts came in today...no bids last week and soared over 1000% today..