Quote:
Originally Posted by ophiuchus
just read another article on marketoracle.com.uk that supports my initial article on rense.com stating gold will level out at about $500 because of deflation. http://www.marketoracle.co.uk/Article7198.html any comments? are we being sucked in? |
I used to watch the oil commodity market as part of my investor training. What I saw was that oil had a long low base. The rise was proportional to the base. Then they crashed it, and that is still ongoing. The people who win are the people who can control the ups and downs, and, secondly, the ones who are smart enough to ride on their coattails.
The same with gold -- a long low base, then a rise, then a drop.
I'm not going to play that game.