RE: RE: RE: Gold & Silver notesBeckysboss...good post and all true. Yes the outflow from bonds is happening and was inevitable. The problem i have is that everyone seems to be on the same side of the Boat when it comes to Gold/Silver. 3 months ago you could still find people who thought owning Gold/silver was dumb. (including some stupid in-laws of mine) but now you can find no one. These boats tend to tip when this occurs as we saw with the Housing fiasco. That too was a market "that could only go up".
I concede that I may be early on my call. If Europe comes to a band-aid solution and Korea ignites I am gonna get clobbered on my Silver short position and you longs are going to clean up. If I'm correct and Germany decides not to kick the can of Irresponsible garbage further down the road I fill my pockets and you get clobbered.
This is what makes a market, the difference of opinion. I appreciate your cautionary tone and have taken it under advisement.
GLTA