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<p>[QUOTE="Endeavor, post: 2216830, member: 60292"]I honestly don't think that the widely held belief is that gold is not worth investing in. I think the majority of people are seeing gold as very cheap right now. That is why I don't think we will see it appreciate much, if any, in the near future. That is just my opinion though since I nor anyone else in the world knows exactly what will happen.</p><p><br /></p><p>I'm also wary of anything that is said or published. For all we know this guy publicly bought $300m worth of gold but quietly has $1b riding on short option contracts. It would then make sense to try and nudge the everyday investors into buying while he pulls the rug out from under them.[/QUOTE]</p><p><br /></p>
[QUOTE="Endeavor, post: 2216830, member: 60292"]I honestly don't think that the widely held belief is that gold is not worth investing in. I think the majority of people are seeing gold as very cheap right now. That is why I don't think we will see it appreciate much, if any, in the near future. That is just my opinion though since I nor anyone else in the world knows exactly what will happen. I'm also wary of anything that is said or published. For all we know this guy publicly bought $300m worth of gold but quietly has $1b riding on short option contracts. It would then make sense to try and nudge the everyday investors into buying while he pulls the rug out from under them.[/QUOTE]
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