MINING.COM - It's official, gold is in recession. Five reasons..

Discussion in 'Gold' started by NiGMa46, Apr 2, 2013.

  1. NiGMa46

    NiGMa46 Member

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    NiGMa46, Apr 2, 2013
    #1
  2. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    They consider Gold a commodity. The Chinese (and a boatload of other people) think otherwise.
     
    valuecreator, Apr 2, 2013
    #2
  3. renovator

    renovator Well-Known Member

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    boatload ? lets not start a border protection arguement :p
     
    renovator, Apr 2, 2013
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  4. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    I think it would be nice if the post included a brief summary of the link.
     
    Naphthalene Man, Apr 2, 2013
    #4
  5. menotcrimex

    menotcrimex Member Silver Stacker

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    The article was written by someone with a very limited understanding of the global economy and why gold may go lower.

    We are in the 23rd hour of the biggest Rise in Gold in our life times, one - three more drops maybe max then Pause.....then Bang up she goes....I'm betting on it anyway
     
    menotcrimex, Apr 2, 2013
    #5
  6. Dogmatix

    Dogmatix Active Member

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    Summary:
    1) If it's fairly priced, why would it go lower?
    2) ROFLCOPTER. That'd be even more nuclear than North Korea.
    3) Not in Cyprus! But yes it is, for some.
    4) Read the article... not inflation adjusted highs. Argh.
    5) He has no idea. This actually contradicts his point 4.

    I'm with menotcrimex - this guy obviously has a limited understanding of what he's talking about, OR he's a paid shill.

    Oh well, there's plenty of bears out there, this is just another one. He can enjoy his fiat.
     
    Dogmatix, Apr 2, 2013
    #6

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