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Old 11-07-2010, 09:38 AM
idiotstockinvestor idiotstockinvestor is offline
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Default Gold May Decline on Speculation Fed Bond Purchases Will Miss Expectations

http://www.bloomberg.com/news/2010-1...ectations.html

Fast forward 2 days later and Gold rose to $1397 USD an ounce which is a record high.

Do the analysts really not know or are they just playing games/trying to manipulate the market?

I'm new to investing but my semi-educated calls are based on the fundamentals and not "analyst hype" and I've always felt gold will increase and that the Fed's stimulus no matter how small or large will devalue the USD in the long-run, which will send Gold sky high.

I read some comments on Motley Fool that said "if they're saying to sell gold then we buy it".
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