PINL:VLTAF - Post by User
Post by
abc523on May 14, 2013 10:13pm
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Post# 21392417
you will never see 10 cents
you will never see 10 cents Gold, do us all a favor and shut up about your stupid bids at 20 and 10 cents please? I know you are praying to get some cheap shares, but keep that to yourself OK?
As for BP, a paper wall street finance guy never changes his stripes. People are able to ignore evidence even if it hits them square in the face. Paper gold is a manipulated false instrument that we have absolutely zero predictive power over. Eventually it will collapse and the physical market will take over. When that happens is anybody's guess. But to speculate on the day to day moves of this mirage of a paper gold price, is an exercise not only in futility but pure insanity. You already see obvious evidence of a split between the physical and paper gold markets. This is only going to continue. The only thing I monitor is the physial markets. I pay no attention to paper movements. Demand abroad is SURGING. Just read kingworldnews. I'm very bullish on physical gold and eventually the overwhelming demand in the physical market is going to start affecting the paper gold price. I suspect sooner rather than later.