Potemkin
Predaceous Stink Bug
- Messages
- 213
- Reaction score
- 1
- Points
- 0
I just can't believe the "gold rush is over". To me it seems it's just correcting.
Too much fiat production, physical buying is high, up in fact, just ETF's were sold.
I believe this article illustrates well, what can happen (I think it's not the original, but has some quotes and images from Casey Research):
http://www.nonstopgold.com/2013/07/telegraphing-the-turnaround-in-gold/
The corrections during the previous gold bull market:
If the 1976 scenario would repeat:
Back then, after 1976 it went 800 % high. :beer:
As a small stacker, I admit I don't know much about the metal, but this gives all of us hope, despite the media talking us down.
Too much fiat production, physical buying is high, up in fact, just ETF's were sold.
I believe this article illustrates well, what can happen (I think it's not the original, but has some quotes and images from Casey Research):
http://www.nonstopgold.com/2013/07/telegraphing-the-turnaround-in-gold/
The corrections during the previous gold bull market:
If the 1976 scenario would repeat:
Back then, after 1976 it went 800 % high. :beer:
As a small stacker, I admit I don't know much about the metal, but this gives all of us hope, despite the media talking us down.