Monday, July 29, 2013

Well, at the time of this posting Gold is at $1328/oz and WTR is at $34. I predicted below $600 for Gold and $39 for WTR. Not looking good. :)

Tuesday, January 29, 2013

Right and wrong

Well, i was wrong with my predictions twice now. WTR is at a measly $27 at the time of this writing. Far less than the $39 i predicted. We'll see where that goes.

Gold, however, is at $1660...dear...mother...of...god. Is there no end to the idiocy? And that's down from $1875 in Sept 2011. Right when I suggested shorting it, would have been the WORST possible time to do it. :) Good thing I'm not actually investing any money.

I still have a strong feeling about this. Gold is the only thing we dig out of the ground in one place, and bury in the ground in another place.

I think the new motto should be sell your gold, buy a house. But what do I know.