InvestorsHub Logo
Followers 56
Posts 9858
Boards Moderated 3
Alias Born 12/12/2008

Re: garrett800ca post# 260

Tuesday, 05/11/2010 9:30:23 PM

Tuesday, May 11, 2010 9:30:23 PM

Post# of 8605
No it won't be kept down forever.

But you have to understand they did buy themselves some time... 2-3 years time is what i'm thinking.. Look at Madoff he had a lot of people convinced things were fine for years... that's sorta what's going on here... And they just got another big deposit of 1 trillion to keep up the facade, the lies... which will work... not forever but it will and look at your quote, humans are stupid and forget.. use that to your advantage...

Now I'm not saying that gold couldn't get to 2000 an oz this year... but that's not where it will be when the $h!t hits the fan... 5000-10,000 an oz is where it will go if not higher with fears.

I see a near term pull back 108 to 113 where I'll start to buy. Could it go lower over the next few months to a year... yeah... Could it also go a lot higher, yup...

That's sorta my thought process here...

Everything I say is in my own opinion do not buy sell or hold based off what I have to say.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GLD News