Comments on: A New American Gold Rush

In The Dark Economy, There's A Silver Lining: Gold

[jjarden]

It''s already too late to BUY Gold...When you start seeing news articles and hearing everyone talk about an Asset Class...then it''s too late....It''s time to SELL Gold, not BUY! This is what happened with Dot Com Stocks and Real Estate...the people who have and are going to make any money were in Gold at $300 - $500...everyone else now piling on is just too late to the party and are riding on the "Greater Fool Theory" at this point, hoping that there will be a greater fool to come along and buy it higher...Just like those other asset classes, Gold will come crashing down, or else the Fed Govt. will confiscate all Gold Holdings like they did during the depression. Stay in Cash and get ready to pick up great bargains in the stock market. I should know...I lost my shirt in the last Real Estate market due to this mistake.