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REPORT ABUSIVE REPLY
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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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keihatsu |
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Post Content
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I really dont see it going under $1000 an ounce. If it does great buy for us
Quoting: Philligan I agree. Roughly 20% risk to the downside from here. I wouldn't leverage in at this point, but accumulating might be a good idea. Best bet is wait for a confirmed trend change. Last time I bought (I made the call publicly then too) was August 2008. Last time I gave a sell signal (publicly too) was a couple of days before silver hit $50. Past results are not an indication of the future. Come to think of it, I did give a public buy signal when silver fell into the $20s after $50. I was wrong on that one. I did stress that it was a long term multi-year trade though.
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