Equity traders view on gold

[benjamen]

It is interesting to see equity traders believing gold will drop below $1,000 before going on a bull run:
http://seekingalpha.com/article/3049016-dont-buy-gold-now-wait-until-its-under-1000

"10 Reasons Why Gold Will Rise

A dollar crash imminent
The weak economy
Inflation
Geopolitical uncertainty (ISIS)
Russia/Ukraine
Iran (Nukes)
Peak gold
China and India demand
Mints running out of coins
It can't go any lower"

"10 Reasons Why Gold Has Fallen

A stronger dollar
Fed's threat of higher rates
No inflation
No war (no fear)
Iran nuke talks
Drop in unemployment
Pays no interest (Treasuries do, albeit small)
Higher stock market
Low volatility
Lower demand"

 

[pmbug]

I didn't see, "Central bank collusion" anywhere in those lists.

 

[benjamen]

This may help the gold market:
http://www.forbes.com/sites/jesseco...ursts/?utm_campaign=yahootix&partner=yahootix

"Since the mid-1990s, the U.S. economy and stock market has experienced three different bubbles: the 1990s Dot-com bubble, the mid-2000s housing bubble, and now another bubble that includes stocks, bonds, tech startups, certain segments of the housing market, higher education, and much more. I believe that this new bubble is creating what I call a “Bubblecovery” or a bubble-driven temporary economic recovery that will end in another crisis."

Bubblecovery
:rotflmbo: