Wino
Senior Member
Cash: $ 113.80
Posts: 560
Joined: 03 Aug 2012
Location: Dubai |
Thanks, Tim. I was noticing the same thing, and searched his username to find his posts after seeing two similar messages. He has only one where he's not pumping gold as an investment. Just think about all of those guys who bought when gold was near $2000. They're losing their shirts now that the panic has subsided. Of course, that's only on paper. If he really believes in gold, he should be buying now during this lull. If gold goes to $300, it's more money down the tubes.
Of course, as soon as the pumping of QE kicks out, the C-EGI's of the world will be crowing about their foresight (maybe). I'd prefer some good dividend-paying mutual funds where real money goes in, and real growth is behind the gains.
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