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Gold is down 1.28% and people are calling the gold collapse as a given. Come on, be serious please. Goldman Sachs is down 2.80%. You think they will get another bailout?

You mean you have been holding dollars in 09? Jeez. Though break. Anyway, you can buy DZZ which is a leveraged gold short. If you believe gold is going to 300$ an ounce and the mighty USD will rule once more you should buy it. Good luck.:)

Marc Faber: gold will never go below 1000 USD again http://www.businessinsider.com/marc-faber-gold-is-never-going-below-1000-an-ounce-2009-11

Makloda, why do you think the likes of Faber and Rogers have a worldwide audience? Is it just because they have a good PR agent? It can't be the doom alone because I'm sure you could find a thousand bigger bears with zero airplay.

I once read somewhere Rogers used to have a column in a magazine sharing stock tips all trough the nineties? Were they any good?:)

Don't forget the USD being the weakest currency in the world. I'd say that's a nice tax as well really.

2008 Global stockmarket crashed Global banks bankrupt Commodities crashed Housing crashed currencies collapsed Gold was one of the few assets up year to year. Next to chocolate. There is your answer.

China has invaded Afrika as if they were David Livingstone themselves.

As is the case for the US and Europe. As Jim Rogers says (2th Rogers quote?) Marx must be dancing in his grave. Winners will be the slumbs where billion of people live today without having a toilet of their own to take a dump on. What do they care C just went bankrupt? Kudos to them...

Marc Faber says Prechter will be vindicated, but first the Dow is going to 40k.:p

Abu Dhabi wont be there to help them out. The Sheikh need his money to help Manchester City to win the Premier League.

Only know him by reputation so just for clarification: he is a gold bull no?

There has been intervention by Asian central banks these last months which was even covered by main stream media although it failed to atract much attention. Asia steps in to support dollar Asian central banks intervened heavily in the currency markets on Thursday to stem the appreciation...

Misch analyses Faber's latest 'Marc Faber Sees War Against an Invented Enemy and a Big Financial Bust.' http://globaleconomicanalysis.blogspot.com/2009/11/marc-faber-sees-war-against-invented.html They agree on basically everything despite them being total opposits: deflationist VS...

Makloda, for one who dismisses the importance of main street mania VS the over- or undervaluedness of asset classes (shoeshine boy tiping a hot tech stock) you nevertheless seem to have put some thought in the connection between asset performance and the willigness of regular people to...

The practice of diversication is as ancient as the wheel I would suspect. People with money have always spread their chips between real estate, bonds, stocks and gold but the latter only 5% of their portfolio because that was how conventional wisdom dictated it. Say that changes and people...

Say you have a billion USD and you buy 100 million$ worth of gold. I wouldnt say such a move has all of it's roots in greed really. Also, in a world where it's hard to find anything that hasnt doubled this last year versus the USD gold's performance is still laging so the accusation of...

Again, gold went parabolic several years during the seventies yet no nuclear holocaust happened. The suggestion all gold bugs accumulate gold to prepare for the end of times is just as ridiculous as the idea of gold really being of any help in case of a true apocalyptic outcome of the crisis...

Really in the big scheme of things this is all just noise I believe. They could lose or win big on their IMF gold purchases but it wouldnt significantly change their solvency or anything like that, the amount of gold and dollars talked about here is just to small. I live in a country of 10...

It used to be 5CHF for 1 USD back in the seventies.