Gold Down

[peterb]

Gold has a very, very long historical record as money and a store of value. Analyzing human behavior trying to use logic can be very misleading. I’ve done much better in the markets when I went with the behavioral model and discounted the logic model. People tend to do the same thing, time after time…history rhyming kinda thing.
I can buy gold over the Internet or at a coin shop right now, no problem. In Canada, the stuff is everywhere. So I dont know why I keep hearing that it’s unobtainable. Maybe in really big quantities?

[stockstradr]

Go ahead keep believing gold will rise in response to the bail out package passing.

The markets will now give you a harsh lesson in economics. Gold is set to end this week down over 6%.

My buy point still remains $750 to $800 per ounce.

My mistake? I should have DUMPED ALL my gold at $900/ounce instead of holding onto that last 25% of portfolio, but I held that just on “principle” of knowing that yes gold will soar in coming years.

[stockstradr]

Go ahead keep believing gold will rise in response to the bail out package passing.

The markets will now give you a harsh lesson in economics. Gold is set to end this week down over 6%.

My buy point still remains $750 to $800 per ounce.

My mistake? I should have DUMPED ALL my gold at $900/ounce instead of holding onto that last 25% of portfolio, but I held that just on “principle” of knowing that yes gold will soar in coming years.

[stockstradr]

Go ahead keep believing gold will rise in response to the bail out package passing.

The markets will now give you a harsh lesson in economics. Gold is set to end this week down over 6%.

My buy point still remains $750 to $800 per ounce.

My mistake? I should have DUMPED ALL my gold at $900/ounce instead of holding onto that last 25% of portfolio, but I held that just on “principle” of knowing that yes gold will soar in coming years.

[stockstradr]

Go ahead keep believing gold will rise in response to the bail out package passing.

The markets will now give you a harsh lesson in economics. Gold is set to end this week down over 6%.

My buy point still remains $750 to $800 per ounce.

My mistake? I should have DUMPED ALL my gold at $900/ounce instead of holding onto that last 25% of portfolio, but I held that just on “principle” of knowing that yes gold will soar in coming years.

[stockstradr]

Go ahead keep believing gold will rise in response to the bail out package passing.

The markets will now give you a harsh lesson in economics. Gold is set to end this week down over 6%.

My buy point still remains $750 to $800 per ounce.

My mistake? I should have DUMPED ALL my gold at $900/ounce instead of holding onto that last 25% of portfolio, but I held that just on “principle” of knowing that yes gold will soar in coming years.

[Arraya]

http://www.spiegel.de/international/business/0,1518,581923,00.html

Worried about their nest eggs in the global financial crisis, a growing number of investors are swapping cash for gold. Dealers of coins and gold bars are having trouble keeping up with demand.

Robert Hartman sounds a bit breathless as he answers his phone. “This is already a state of emergency,” the CEO of the Munich-based gold dealer Pro Aurum tells SPIEGEL ONLINE. For two weeks, he has been unable to fulfil all the gold orders his company has been receiving. Customers are storming its online shop. And the banks the company usually services just keep on ordering. At the company’s fulfilment center, orders are packaged seven days a week. “I’m just happy our employees have been willing to do this,” he says.

[Arraya]

http://www.spiegel.de/international/business/0,1518,581923,00.html

Worried about their nest eggs in the global financial crisis, a growing number of investors are swapping cash for gold. Dealers of coins and gold bars are having trouble keeping up with demand.

Robert Hartman sounds a bit breathless as he answers his phone. “This is already a state of emergency,” the CEO of the Munich-based gold dealer Pro Aurum tells SPIEGEL ONLINE. For two weeks, he has been unable to fulfil all the gold orders his company has been receiving. Customers are storming its online shop. And the banks the company usually services just keep on ordering. At the company’s fulfilment center, orders are packaged seven days a week. “I’m just happy our employees have been willing to do this,” he says.

[Arraya]

http://www.spiegel.de/international/business/0,1518,581923,00.html

Worried about their nest eggs in the global financial crisis, a growing number of investors are swapping cash for gold. Dealers of coins and gold bars are having trouble keeping up with demand.

Robert Hartman sounds a bit breathless as he answers his phone. “This is already a state of emergency,” the CEO of the Munich-based gold dealer Pro Aurum tells SPIEGEL ONLINE. For two weeks, he has been unable to fulfil all the gold orders his company has been receiving. Customers are storming its online shop. And the banks the company usually services just keep on ordering. At the company’s fulfilment center, orders are packaged seven days a week. “I’m just happy our employees have been willing to do this,” he says.

[Arraya]

http://www.spiegel.de/international/business/0,1518,581923,00.html

Worried about their nest eggs in the global financial crisis, a growing number of investors are swapping cash for gold. Dealers of coins and gold bars are having trouble keeping up with demand.

Robert Hartman sounds a bit breathless as he answers his phone. “This is already a state of emergency,” the CEO of the Munich-based gold dealer Pro Aurum tells SPIEGEL ONLINE. For two weeks, he has been unable to fulfil all the gold orders his company has been receiving. Customers are storming its online shop. And the banks the company usually services just keep on ordering. At the company’s fulfilment center, orders are packaged seven days a week. “I’m just happy our employees have been willing to do this,” he says.

[Arraya]

http://www.spiegel.de/international/business/0,1518,581923,00.html

Worried about their nest eggs in the global financial crisis, a growing number of investors are swapping cash for gold. Dealers of coins and gold bars are having trouble keeping up with demand.

Robert Hartman sounds a bit breathless as he answers his phone. “This is already a state of emergency,” the CEO of the Munich-based gold dealer Pro Aurum tells SPIEGEL ONLINE. For two weeks, he has been unable to fulfil all the gold orders his company has been receiving. Customers are storming its online shop. And the banks the company usually services just keep on ordering. At the company’s fulfilment center, orders are packaged seven days a week. “I’m just happy our employees have been willing to do this,” he says.

[peterb]

Give a read to Paul Van Eeden. He’s pretty conservative and fundemental value investor, all the way. He thinks $760 is a good buy point.

http://www.paulvaneeden.com/

[peterb]

Give a read to Paul Van Eeden. He’s pretty conservative and fundemental value investor, all the way. He thinks $760 is a good buy point.

http://www.paulvaneeden.com/

[peterb]

Give a read to Paul Van Eeden. He’s pretty conservative and fundemental value investor, all the way. He thinks $760 is a good buy point.

http://www.paulvaneeden.com/

[peterb]

Give a read to Paul Van Eeden. He’s pretty conservative and fundemental value investor, all the way. He thinks $760 is a good buy point.

http://www.paulvaneeden.com/

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