Sick Of Hearing About Gold

Everywhere I look I am seeing articles about gold and hearing lofty price targets. This is typically seen very late in a trend. I would not be surprised to see a short term top. I don't invest in commodities and am wagering exactly $0 on this.

5 comments:

Anonymous said...

GOLD

thegreatsatan said...

I got a chuckle out of this because the ad at the bottom of the post as viewed through my RSS feed was for buying Gold.

Anonymous said...

gold = real estate.
is a bubble but could go up 2x before all said and done.

Chaos! said...

It's cheap relative to prior peaks (inflation adjusted) in an an enviroment of competitiive currency devaluations. I hear more chatter about it being overdone than I do of people hyping it. I see at least another 50% upside, but it will have huge draw downs on the way there.

Anonymous said...

people who are sick of hearing about gold are those who don't own any.