Bob Kramer, CA and CPA of Canamex voices his opinion on gold to Big Al and Cory
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Oh I don’t think that it is dead, Reverend.
And, at times like these goldbugs like me need other opinions.
By the way, best to you as always!
Big Dead Horse Al
Demand in the physical side is there? You need to start proving that, not just going by stories. Anyone with a vested interest in selling gold is going to perpetuate this story. I a, not talking about the true demand after the mid April crash. I am talking about current demand now. Silver premiums have come down and are still coming down. Wait times are lessening. Silver is now negative. Gold is in a no win situation. QE continues stocks go higher. QE ends gold goes down.
Now we are learning all this time we made money in gold and didn’t even understand why
Another bear late to the party more than eager to get his claws into gold…
http://finance.yahoo.com/news/gold-rallied-years-misunderstanding-021935344.html
My luck has been pretty bad lately. I sold cisco and a few days later it shot up over 15%. I just sold HPQ yesterday and it shot up aroun 13% after hours today after earnings. Sold a very large number of Intel many weeks ago it went up almost everday for weeks and weeks. I did take some nice gains on the UYM maferiasl etf twice but it has taken off again with the rally after I sold at around 39+.
As soon as you make the decision to sell something Paul please come here and warn us!
Why are you selling?
Bought a large position in UYM on a sharp dip to 38.50 and sold a dollar higher with a nice gain as the market looks like it needs a further correction.
Keep beating that dead horse Al. Before long it has to rear back into life and be the odds-on favourite against a field of phantom horses.
Surely James the lesser as a former tipster you would have to agree?!