GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Gold: Here is the "shake out" I predicted

Bill8 · 09-26-2011, 12:42 AM

It does sound like you could make the argument that the hedges funds blew up gold with the idea of ripping the profit out of it after all the suckers bought it at high prices.

So, it's not impossible this is a bubble pop. But, too early to tell, Bubble could reinflate, too - like harvesting honey from a hive, then letting all the little guys bid up the value again, and harvest it. A pretty trick, if true.

I wonder what the value of 9% of gold happens to be? Thats teh profit the big guys took last week.

09-26-2011, 12:42 AM
Bill8 Confirmed User Join Date: Oct 2001 Posts: 1,901	It does sound like you could make the argument that the hedges funds blew up gold with the idea of ripping the profit out of it after all the suckers bought it at high prices. So, it's not impossible this is a bubble pop. But, too early to tell, Bubble could reinflate, too - like harvesting honey from a hive, then letting all the little guys bid up the value again, and harvest it. A pretty trick, if true. I wonder what the value of 9% of gold happens to be? Thats teh profit the big guys took last week.