Loading ...THE MOST ASTOUNDING CONFOUNDING DISMAL CHART
IN THE HISTORY OF CHARTS
( AND THERE IS NO CLOSE SECOND ! )
At the Turn of what has become the Golden Century around the time I first got seriously interested in Gold …I did a lot of research and the “Golden Rule ” of Thumb was that if you really want to make money in this secror …Go for thenleverage of Gold StocKs ( AKA …THE HUI )
Everyone agreed…If Gold rises X % The Miners who find and sell the stuff would rise 4 to 5 X ( minimum )
What a cruel freaking Joke that was .The Leverage was INVERSE…A LOT !!!
The lure of Gold Stocks is strong and irresistable for most BUT WTF HAPPENED ???
SHEESH SQUARED
Sad but true.
Wait until the capital rotations take place next year….then we’ll experience some real action
Easy to explain. Derivatives, ETF’s, BlackRock and Aladdin! For what’s coming you need the real thing(s) Gold and Silver, guns and groceries IN HAND.IMO and FWIW. www
The chart is a record of the destruction of my retirement account. At least I can still work. Some of the weird gold stocks I own like i-80, finally showing life. What a cruel joke. At this point I can only hold and hope for the best.