Replies to post #201621 on Tornado Alley (PROG)

[StephanieVanbryce]

I've thought ever since our guy sherm posted about rpaul going into the 'homeschooling' AND the
'think tank business' that no doubt it's because his portfolio is now worth peanuts ...

The Price of Gold Is Crashing. Here's Why
http://www.businessweek.com/articles/2013-04-15/the-price-of-gold-is-crashing-dot-heres-why#r=nav-r-story

So, the slide in gold has turned into a rout.

TODAY:

Plus other excellent linked info.
http://krugman.blogs.nytimes.com/2013/04/15/gold-does-not-glitter/

April 10th:

Falling Fortunes The price of gold has had an extraordinary run up in the last 10 years, creating
wealth for investors. But its price has fallen in the last two years.

April 12:

http://online.wsj.com/article/SB10001424127887324695104578418551548370608.html

Gold falls under 1500 for the first time since July 2011.
Gold bullion holdings of the GLD ETF falls to lowest level since May 2010

April 10th, 2013, 10:00am__Goldman: Short gold

Last week it was SocGen that declared the gold era was over. Now the precious metals team at Goldman is taking a similar view.
http://ftalphaville.ft.com/2013/04/10/1455162/goldman-advises-to-short-gold/

Japanese Rush to Sell Gold as Price in Yen Jumps
http://online.wsj.com/article/SB10001424127887323820304578412283865306950.html?mod=ITP_moneyandinvesting_0

It goes on and on ... I've been reading that 'gold' was crashing and the experts were all saying ... it's a SELL!.. I posted on your board ... and of course .. the rpaulers .. went into seizures ... ........;)

I got these MOSTLY from Barry Ritholtz, and Paul Krugman and the NYT.

Much more is available ..so now you know why I'm making, what I think is a reasonable guess as to 'why' the homeschooling and think tank, he needs some bread!.. god knows what else he will come up with to bring in the cash .. probably his son randal.. ......;)