Quote:
Originally Posted by Triaxis
Maybe on sale, but it is doubtful whether it is selling. Gold slid today anyway, so no chance of getting close to $1000 now.
Gold is overpriced. That's why so many people are trying to hock it off. A good indicator is India.
http://www.commodityonline.com/news/...18378-3-1.html
It's up to each person to decide, but I personally would not touch gold now. If I had bought a heap back in 2001 fo $300oz however, I would be encouraging as many people as possible to buy, buy, buy |
Bunkum is the technical term...
I tried to post a link... but it won't work... but do the below:
Go to ebay type in "gold bullion" in advanced search items, click the completed items icon.. then green items are the ones that have sold... You can do it where every you are globally!
Pretty much all the ones here are selling... only a couple of red (unsold items)...
What is your agenda for pushing this 'gold isn't selling' line?
From your link...
"Analysts like Robinson and Shah point out that the trade partnership between India and Dubai is increasingly being written in gold."
If anything this suggests they are moving away from fiat currency and counters your argument...
http://www.numismaster.com/ta/numis/...ArticleId=6745
This could also indicate that 'dollars' abroad may be converting to gold and getting it shipped to them?