Marc Farber:- Gold going to get KILLED

[Mega]

http://aktien-boersen.blogspot.com/2...reis-wird.html

Mike

[jk]

Re: Marc Farber:- Gold going to get KILLED

You call a 40% Fall NOT GETTING KILLED ? !!!!!

1. he did not predict a 40% fall. he said there would be volatility and mentioned that episode in the '70s as an extreme example of such volatility. it did not say it would be replicated.
2. and i do not call the 40% fall that occurred in the '70s "getting killed." when you're killed, you don't get up again, let alone grow to 8x your prior value.

[jk]

Re: Marc Farber:- Gold going to get KILLED

You call a 40% Fall NOT GETTING KILLED ? !!!!!

1. he did not predict a 40% fall. he said there would be volatility and mentioned that episode in the '70s as an extreme example of such volatility. it did not say it would be replicated.
2. and i do not call the 40% fall that occurred in the '70s "getting killed." when you're killed, you don't get up again, let alone grow to 8x your prior value.

[jk]

Re: Marc Farber:- Gold going to get KILLED

your thread title is misleading. he just says to be prepared for volatility, and noted the 40% sell-off in the mid '70s prior to gold rising 8x.

[Mega]

Re: Marc Farber:- Gold going to get KILLED

You call a 40% Fall NOT GETTING KILLED ? !!!!!

[brent217]

Re: Marc Farber:- Gold going to get KILLED

1. he did not predict a 40% fall. he said there would be volatility and mentioned that episode in the '70s as an extreme example of such volatility. it did not say it would be replicated.
2. and i do not call the 40% fall that occurred in the '70s "getting killed." when you're killed, you don't get up again, let alone grow to 8x your prior value.

One of Martin Armstrong's writings this year was on gold, and he specifically pointed out that fall and resulting bubble as well. His point was that when the power elites try and squash the gold (right before things blow up in their faces) the farther the price of gold falls the higher the resulting rise will be.

[GRG55]

Re: Marc Farber:- Gold going to get KILLED

You call a 40% Fall NOT GETTING KILLED ? !!!!!

So did you sell your position then??

[doom&gloom]

Re: Marc Farber:- Gold going to get KILLED

So did you sell your position then??

i'll buy it @ 40% off just so he feels like he was right!