Re: Futures Now: Gold heading to $1,450
posted on
Mar 23, 2016 01:37PM
Major D.,
The counterintuitive moves just never seem to stop over this past several years do they? Makes one just a little jaded and crazy when investing on rational, logical, fundamental analysis, and looking for real value results in not only MASSIVE losses but also the missing out on gains of assets that just kept going up despite the Massive debt - Massive QE - Massive "interventions" - Massive bank scandals/fraud, currency devaluations, market rigging, naked shorting, etc... Got tired of spelling out massive but the list could go on. The sheer magnitude, persistence, and suspect timing does give me some solace that it will indeed end eventually and return at least some of the invested capital to weathered retail investors who foolishly followed the table pounding of the pumpers even as they looked out for their own interests and sold. Of course this only applies to the shares of companies who have not gone bankrupt or maneuvered to be taken private at fractions of a penny on the dollar leaving common holders in the cold..
Hoping against all hope that Golden Minerals pulls through but it still looks pretty bleak to me.
Dfin