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A Great Read On Gold Prices

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Author Previous TopicReplies: 7 / Views: 1,606Next Topic  
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hockingzig's Avatar
United States
1450 Posts
 Posted 05/21/2012  12:21 pm Show Profile   Bookmark this topic Add hockingzig to your friends list Get a Link to this Message Number of Subscribers
This is a great read on "why" prices moved down when we would expect them to move up. Also,a great explanation of why we need to hold onto physical gold as if our lives depend on it. A good,thorough analysis.http://www.dailyreckoning.com.au/th.../2012/05/18/
Valued Member
NorthBayGuy1977's Avatar
Canada
60 Posts
 Posted 05/21/2012  2:10 pm  Show Profile   Bookmark this reply Add NorthBayGuy1977 to your friends list Get a Link to this Reply
An interesting read....thanks.
Pillar of the Community
tokenmast's Avatar
United States
648 Posts
 Posted 05/21/2012  2:55 pm  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply
Thank You
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/21/2012  9:00 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Yes, this is definitely good info. Thanks for the link. I especially liked the differentiation that was made between physical gold and paper gold. This is a VERY important distinction that a lot of people never seem to get around to making.
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hockingzig's Avatar
United States
1450 Posts
 Posted 05/21/2012  9:16 pm  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
Ed,I think it is also "extremely important" that people understand allocated and non-allocated gold and how it affects the market.
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/22/2012  7:49 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
I agree, Hock. That is another very important distinction. Unfortunately, the MF Global clients did not get any distinction between their allocated and non-allocated accounts. Both were simply ripped off.
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Canada
1723 Posts
 Posted 05/22/2012  10:15 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Good read hock, Thanks!
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Spider5689's Avatar
United States
2269 Posts
 Posted 05/23/2012  03:56 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Thanks for sharing the article, it was very interesting to read. If anything it really makes you think before you consider selling your gold.
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