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Old 10-26-2008, 11:15 PM   #26
jonah70757
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Default Re: Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein)

Quote:
Originally Posted by zorgon View Post
Warned people I did that fall gold would

Happened before in the eighties

Its a good thing for the people bad for Gold Speculators

It may even mean the end to gloom and doom for 20 years...

As I said Happened before
I am sorry to say my friend you are absolutely wrong! If you saw what was going on in the physical market you would not make such a statement! Also this is not 1980~! I tested the market on Ebay and sold a couple 1/10 oz Gold coins they sold for $106 each plus $5.95 ship shipping! Thats a price equivelent to $1,100! Also a recent deal was settled for a huge amount of goal in Canada for $1,075 per OZ settled in Euros. Every Bullion deler is wiped out and has no stock. Owning Phyical Gold today is not speculating!
My holdings are up! and When I sell it sells for 35% over Comex (Which like the rest of Wall Street is a JOKE!)
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