Gold Is Finished: HISTORIC GOLD SHORT NOW!!

The Bank of Korea, diversifying foreign-exchange reserves away from a falling dollar, said additional gold holdings aren’t attractive as most other central banks aren’t buying and the metal offers no cash returns.

‘Illusion in Gold

“There’s an illusion in gold,” Lee Eung Baek, head of the bank’s reserve-management department, said in an interview. “We follow the big trend. Gold isn’t the trend.”


from bloomberg.


Looks like Surfer nailed this one. Some big cats agree with him.

WHY WAS THIS MOVED TO CHIT CHAT? ANGRY GOLD BULLS LATE TO THE PARTY ?????

TW

 

gold might as well be jujubees.

only good cause they say it is.

 

Surfer, whether this is correct or not, it doesn't make up for the 3,742,398,024,726 other calls you boned up!

 

surfer nailed this one? He said short gold at $900 and it went to $1200 for a whopping 33% loss. More like another nail in surfers coffin.