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Old 11-12-2004, 11:45 AM
maroondude maroondude is offline
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Join Date: Nov 2004
Posts: 9
Default Re: ..time to short gold..%%$$$

"buy gold propaganda" or Goldbegs as they are called in my industry come and go, but should not be dismissed too lightly. Fundamentaly, I believe that gold is overvalued, but some of the people I work with are claiming that there could be shutdowns/slowdowns of gold production which would greatly effect supply. In general, be wary of speculating the gold markets. It have a 50 pip spread, trades with 100:1 leverage, and can break really hard when it makes a move.
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