RE: Gold flat to red again as slump continues Just keep buying gold on the dips and you will be just fine. As the entire Keynesian world implodes, the defense of the idiot becomes more strident. Track down the BBC's sorry attempt to defend the puffed up old ponce...it's not a bad video...just a little sad that this late in the game, the anti-gold goons still think there is anyone seriously listening.
And you are right....dumb investors will sell of whatever they can to cover margin calls and 'protect' their more lame investments. That practice is as old as paid tarts and religion. And that is exactly the kind of market I like to take advantage of. Example: I had an EXCELLENT week last week and am hoping for more of the same this week. The trick is to be nimble and have resources available to take advantage of any situation. Danny's deal gave the crew an excellent pay-day last week and I tapped it again right at the open. It is all good.