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<p>[QUOTE=&quot;Brian Calvert, post: 3050300, member: 75282&quot;]I Think timing is everything. Think about those that lost half their value in 2008 with a house and 401K. At the same time the guy that got rich shorting housing. I would bet he knew Gold would go from 700 - 1800 NEXT. then reverse it.</p><p>Or the guy that sold all his stock in 2007, waited for the fall, bought back in in 2009 with Dow at 8000 and sold it when it hit 18,000, not knowing that a new POTUS would come along and it would reach 26K. Anyone that thinks it can go to 30K is half crazy. We have pulled back, although the tricks they pulled over the last year should keep it propped up for a while. Sooner or later, it has to end.</p><p><br /></p><p>I think you guys are correct in that the GOLD market lures shady people into selling and buying. It is a way to reach the suckers, TV commercials, we buy gold jewelry, etc.. They are scammers. People on this site are not suckers, we are looking for a good hedge that will profit. If timed properly, it can be a windfall.</p><p><br /></p><p>I also think your right in that few make millions buying and selling as a PERSON, it is a slow grower, as stated a hedge for the right time. I listen to Schiff because I know he is telling the truth. I don&#039;t invest with him because I can do it myself. Plus, I don&#039;t have the minimum 250K he requires.</p><p>Did you know he moved to PR to avoid paying the estate taxes and other taxes we have to pay ? Another loop hole for the rich to avoid paying tax, a real shelter will have you. This is how they are getting even richer, not only pay half from the 1983 tax of 65%, down to 39%, but then move all profits to avoid paying tax at all. First they changed all the laws to allow it, thus, once on the OTHER SIDE, you have no worries. They could care less what the AMERICAN thinks of their moves. Hell, people nowadays look at a rich person with a gleam in their eyes. &quot;that guy is brilliant, he is a millionaire&quot;[/QUOTE]</p><p><br /></p>

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