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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,309.11
(
0.10%
)
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lentinman

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lentinman

Re: cl001 post# 18882

Sunday, 11/23/2008 3:07:41 AM

Sunday, November 23, 2008 3:07:41 AM

Post# of 33753
CL:

I would agree with Rogue on this. If gold is ready for a major upturn, it can only be bad for the economy. For gold to ever be $2,000+ per ounce, it would almost certainly portend economic disaster.

I suppose if a person were all gold, that would be a "positive", but if a person were all short, a collapse of the markets would be "positive" too.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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