Peak Gold [Archive] - Glock Talk

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Akita
07-13-2012, 12:42
http://www.zerohedge.com/news/peak-gold

That's "peak" in the title, so everyone grab their heads and run in circles screaming nonsense.

cowboy1964
07-13-2012, 21:17
Zerohedge=automatic ignore on my part

MikeinCincy
07-14-2012, 09:44
Peak gold production, not peak gold price.

auto-5
07-14-2012, 13:42
Peak gold production, not peak gold price.

You can use gold in a portfolio to hedge the market as long as you are diversified. But I wouldn't only invest in gold and I wouldn't be buying now while the market is high. Wait for the economy to come back around and the price to fall. Never buy high that goes for anything from index funds to property.

humanguerrilla
07-16-2012, 00:31
Zerohedge=automatic ignore on my part

??? Because they are usually right and mainstream media eventually reports on a lot of their content, not to mention talking heads like Glenn Beck and financial commentators that "borrow" a lot of it???

cowboy1964
07-16-2012, 09:26
Because most of the crap on zerohedge is inane, indecipherable, gibberish that I can't even get through without becoming bored and/or irritated.

cowboy1964
07-16-2012, 09:27
Wait for the economy to come back around and the price to fall.

So are you shorting gold and silver?

racerford
07-16-2012, 10:34
So are you shorting gold and silver?

Naked shorts are a very risky proposition. I recommend against for anybody, no matter how sure they are. They are unlimited risk with limited reward, a fool's investment.

Also I believe that was a conditional statement, not an absolute statement. He is suggesting a strategy for buying gold; not suggesting someone short gold.