RE:Just give up ppl...AKAcash you have got to cheer up... NOBODY has a crystal ball. One thing some of us have is experience... and I am not just talking about the gold sector.
Goldman Sachs…
Its companies like these that announce they are short on a sector (through said analysts that rely on B/S) when they are positioned for it and go long when they are… you guessed it… already prepared for it. They are the ones with the billions to make it happen and have placed enough politicians in the mean time to make it work. Does anyone here think that CEO’s should be paid what they are being paid with all those that are starving in the world? To be rewarded when they screw up? Well sadly, that’s called democracy.
The reality is if we stop investing that will be the end of the market… and pensions… as if they are not stressed already. Hence all the “borrowed” or “paid forward” money in a democratic system is the very thing it relies upon. That’s why the debts of countries will never be paid… there would be no economy if it were.
GWH