New gold bugs making gold investments mainstream
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2009-11-28 — marketwatch.com
"Gold has long been favored by a fringe of the investment world, but this year some of the world's leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression that could undermine major currencies and fuel rampant inflation."
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tvsterling at 11:38 2009-11-29 said:
Sorry but the boat has already sailed. Your losses will feed Einhorn's gains. Even so, Dubai has defaulted, India & China say go-go & the history says gold will/should double (1600.00) in this run-up (before crashing). All in all the makings of a great little bubble. Care to bet your touche on such a chaotic situation? Lose out & all you will have left is a little real estate. Like a choice spot under a bridge to pitch your tent on. That is if you have a good knife to defend it with & know how to use it. Let me put this another way; Once the big boys get in the game all you are is cannon fodder. Permalinkadd a comment | go to forum thread
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