GREY:GBRIF - Post by User
Post by
dmack17on Aug 16, 2007 1:48pm
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Post# 13257135
Dont worry we will go much lower!
Dont worry we will go much lower!Gold stocks have handed out astounding losses for 3 to 4 years now and are known as the best way in the world to lose money.Soon tax loss selling will begin in earnest as gold stocks race ahead of other stocks downwards.The insiders who lied and scammed us for so long are trapped under ice and no one will be buying their free/cheap shares.Just kick back and wait for gold stocks to return to their true value..practically zero.They are worthless as they decline faster than regular stocks and as Berkshire hathaway stated they are overdiluted.The insiders make their money pumping,dumping and shorting.Insider buying?B.s who cares.Wait till at least october.Go back and look at my old posts where i warned of this then compare my record to someone who is conisently wrong such as Jim Sinclair.."gold stocks are going up soon" for years.We are heading into a deflationary period for paper junk such as gold stocks.Kick back and watch the insiders choke on their own deceit.Enjoy the ride down.