ecoface

The herd is hardly buying gold at the moment, as they have been sold deflation by the central banks, while they print like mad. The herds are currently buying government treasuries which is why the yield has almost gone to zero.

 

Contrarian thinkers do not follow the government line. Hardly a shoe shine boy moment quoting gold analysts off bloomberg.

 

Sure you are not Ker under a different username. This site must be getting good, we are getting a lot more "government shill" action.

What are you talking about shoe shine and bloomberg?

I think there are just too many experts, pundits, fund managers, and magazines, newspapers etc "talking" about the rising POG.

When that happens I get concerned, that's all.

Theres allot of optimism about gold over the comming months.

 

Gold Projected to Rise in Most Bullish Survey Results on Record

 

http://www.bloomberg.com/apps/news?pid=206...refer=australia

 

Why would investors sell their gold and miss out on a nice move up? Wouldn't they buy gold to get on the gold rally and by doing so add to the up move?

 

Also the fundamentals have never been better what with the QE and bank bailout Mk2, Britain bust etc.

The herd thinks its time to buy gold - contrarian thinkers do the opposite. I have been analysing gold far more precisely because media, experts, "advise" on buying gold now and that this is THE year for gold. Its getting close to "dumb money" time IMO, so I think a lot of people will be hurt.

I'd like to be wrong though.

Silver at $12.83 ... blimey. Very tempting, even with the pound on the floor.

I need help. I loaded up on LSIL (leveraged silver) at around $32 a few months ago - curently at 17ish.

I am tempted to not monitor movements for 3 months and look again in December - this is too much to cope with. Anyone else had enough of this?