Gartman says gold is going loooooower

the world is full of gold owners who got lucky.

their losses on everything else are the problem

gold only doubled. it didnt go up 1000%. doubles are easy. stocks double in a day. in an hour.


i called GMCR a scam long ago. you could hav emade a lot more shorting that than any gold play
 
Quote from stock777:

gold only doubled. it didnt go up 1000%. doubles are easy. stocks double in a day. in an hour.


Uh, it's more than doubled over the last 10 years...

But you have a point. Its price hasn't reached the exponential growth of tech stocks or other bubbles. It's clearly in a healthy, long-term secular bull market. You made a good argument for that without even trying.
 
meanwhile, I declare another unconditional victory, having highlighted Gartmans call here.

Im glad you sold . You sold right? 1580 now.
 
Quote from MKTrader:

Uh, it's more than doubled over the last 10 years...

But you have a point. Its price hasn't reached the exponential growth of tech stocks or other bubbles. It's clearly in a healthy, long-term secular bull market. You made a good argument for that without even trying.

You sound like someone who will be riding this down to 900.

Think not. Ive been mostly right for over a decade here.

Worry. A lot.

1569 now.
 
Quote from MKTrader:

Uh, it's more than doubled over the last 10 years...

But you have a point. Its price hasn't reached the exponential growth of tech stocks or other bubbles. It's clearly in a healthy, long-term secular bull market. You made a good argument for that without even trying.

+1
these kind of retracements are nothing unusual for LT trends. some commentators have said gold might bottom$1100 to 1200. one should be so lucky to pick up gold in that range
 
why would that be lucky? are you a gold fanatic?

you'd be better off buying a pair of Elvis's panties, for a long term gain.

To add to your existing collection. ;-)
 
Quote from stock777:

You sound like someone who will be riding this down to 900.

Think not. Ive been mostly right for over a decade here.

Worry. A lot.

1569 now.

OK, I saw you call silver going to $10 in another thread and now gold to $900.

Your feet will be held to the fire on these. Hope you don't mind being held over it by your ears. Good luck with these calls!
 
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