Reality of gold

Discussion in 'Commodity Futures' started by John_Doe, Jul 30, 2011.

  1. John_Doe

    John_Doe

    while i love gold i'm also a realist, when jim cramer and pals says gold is a safe bet, i'll be the first one here saying gold is overbought
     
    #11     Aug 3, 2011
  2. John_Doe

    John_Doe

    looks like he has
    http://www.moneynews.com/StreetTalk/JimCramerBuyGoldBeforeItHits2-000/2011/03/02/id/388007

    now i'm waiting for mainstream expert consensus because there are more bears then bulls despite how the price keeps on going up. so when everyone gets on the gold train it'll test the fundamentals of gold whether it is someone accumulating gold waiting to distribute it when there are mass buyers or is the economy really that bad
     
    #12     Aug 3, 2011
  3. Short at 1666.
     
    #13     Aug 3, 2011