$3000 gold on MSN's money front page.

[7th trump]

http://money.msn.com/exchange-traded-fund/5-reasons-gold-is-headed-for-3000-dollars-brush.aspx?GT1=33035

We should see Gold sky rocket now.....

[Shami-Amourae]

It's on MSN? Time to sell?!

[Plastic]

Did you notice they metioned it could go to 3,000 after a correction to 1,500? Most people will only see the 3,000 not the 1,500 sooooo using my twisted mind perhaps they know people will go ZOMG 3K AU!! and buy in only to sell everything on the dip in a panic, just like what we all talk about here "people buying the peaks and selling the dips" if enough sheeps get sheared by this it could be at least temporarily detrimental to the short term gold price and silver by default.

You're right, if I had some gold I would be tempted to trade a small portion of it for silver right now but never sell for paper "money".

EDIT:

I traded what little gold I had for silver at 78/1 but still, with the GSR over 40/1....

[osoab]

The Morgue still has a price of 2500 by the end of the year.

[1970 silver art]

Ah yes....................The MSN Money article is the "kiss of death" for gold bull run. This just confirms to me that Gold will NOT hit $2000 this year. :)

[osoab]

Ah yes....................The MSN Money article is the "kiss of death" for gold bull run. This just confirms to me that Gold will NOT hit $2000 this year. :)


You want another bet?

[1970 silver art]

You want another bet?

1 bet is enough for me. Winning 3 rolls of tp is good enough for me. I do not want to get greedy. :)

[ximmy]

oh yeah, if MSN says so... ::)

[k-os]

When Cramer said to buy gold and silver, I told my friend (who deals in paper GLD, SLV only) that it would peak and then drop within a month. He made a good profit on my advise, and I am happy for him for that. I don't know the power of MSN's money front page . . . but it makes me feel the same.

[Sparky]

From the article:

What I don't suggest, despite the barrage of advertisements from gloom-and-doomers like Glenn Beck (http://www.bing.com/search?q=glenn+beck+gold&go=&qs=n&sk=&sc=8-15&form=msmony), is that you buy actual gold as an investment. The reasons: It's hard to find a reputable dealer with a fair price. Plus you may have to pay to store your gold. "Owning physical (gold) is a dumb idea," says Hathaway, of the Tocqueville Gold Fund. "I don't recommend it."