SPDR Gold Trust (GLD): gold is a unique asset class. what happe...

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Re: Hardwood post# 1124

Tuesday, 04/23/2013 2:40:34 AM

Tuesday, April 23, 2013 2:40:34 AM

gold is a unique asset class. what happened last Monday was not something you should overlook, when a drop like that happens to equities, you could call it a healthy pull back.. but for gold, it's a totally different story
better watch out below.. buy inverse gold miners. (DUST) they will be in big trouble even if gold consolidates around 1200-1300's (or even 1400's).. history repeats.. this will be '80s again.. gold in bear market territory, don't catch a falling knife

Be cool...

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