MajorDutch
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Ha ha ha ha ha ha ha ha ha!
stopped out
Public joe is only beginning to be drawn into gold. So there is way more to go for gold before the collapse. I am revising my target up from 2000 to 3000.
Here's the gold merchants pumping gold for public joe to make his entry. It will take some time before they work up a frenzy.
http://edition.cnn.com/video/#/vide...pkg.lakhani.gold.as.investment.cnn?&hpt=hp_c2
Public joe is only beginning to be drawn into gold. So there is way more to go for gold before the collapse. I am revising my target up from 2000 to 3000.
Here's the gold merchants pumping gold for public joe to make his entry. It will take some time before they work up a frenzy.
http://edition.cnn.com/video/#/vide...pkg.lakhani.gold.as.investment.cnn?&hpt=hp_c2
Gold seems very overvalued... just not too long ago it cost 4 times less. A bubble if I ever saw one.
Take care about shorting gold imho. There is a lot of money sloshing about around the world and not many places to put it. Gold is one. The Swiss are horrified at so much going there and putting up the currency to unworkable levels.
Will have a look at precious stones like diamonds.
Why would anyone want to pay top price for mined diamonds when man made ones offer higher clarity and perfection at half the price.
That's only If they solve the aids problem which is unlikely. Besides who would want to invest when the place is corrupt and murderous. You have a good chance of losing the land too. Stay far away from that place.
Found this on the web and it sounds plausible
Due to rarity, top pieces will have a growth in value. This is especially the case for the top colors red, pink, blue, ...
In case the diamonds are colorless (D,E,...) and 3 ct or above in size each, you already can enjoy a serious rise in prices since the last half year.
Why would it stop ? Mining costs are extremely high and rising (therefore the high prices), there are many more wealthy people every year (China, India,...) who want expensive products, ... Most mines have decreasing yields, some are close to depletion and the newly discovered pipes take several years and colossal investments to develop.
Small colorless diamonds did not register a serious value rise at all, and they do not represent the rarity larger and rarely colored pieces do, in my honest opinion.
Public joe is only beginning to be drawn into gold. So there is way more to go for gold before the collapse. I am revising my target up from 2000 to 3000.
Here's the gold merchants pumping gold for public joe to make his entry. It will take some time before they work up a frenzy.
http://edition.cnn.com/video/#/vide...pkg.lakhani.gold.as.investment.cnn?&hpt=hp_c2
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