Comments on: Gold Unwinds 1.4% Bounce But “Unthinkable” Risk of Debt Default “Makes Precious Metals Attractive” http://www.moneymorning.com.au/20091215/gold-unwinds-risk-of-debt-default-precious-metals-attractive.html Australian Financial News That Matters in 90 Seconds or Less Sun, 12 Feb 2012 05:54:03 +0000 hourly 1 By: cb http://www.moneymorning.com.au/20091215/gold-unwinds-risk-of-debt-default-precious-metals-attractive.html/comment-page-1#comment-3966 cb Wed, 16 Dec 2009 05:00:59 +0000 http://www.moneymorning.com.au/?p=2637#comment-3966 Good rundown, Adrian. But I am almost wondering whether one should ever trust anything being opined and predicted by the likes of Goldman Sachs. When they are forecasting $1,400 + gold, you surely cannot forget their forecast of $200 oil not before crude tanked. Anyhow, gold and silver remain the real things in matters of money, and nilly willy, even those that hate it with a passion will be forced to take refuge in them. Not unlike the GFC, this is the slow grind of the monetary metals that will inevitably bring them face to face at some point with all the pretenders, when they will be measured and weighed for all to see. I know which ones I would rather be holding when that happens. Good rundown, Adrian. But I am almost wondering whether one should ever trust anything being opined and predicted by the likes of Goldman Sachs. When they are forecasting $1,400 + gold, you surely cannot forget their forecast of $200 oil not before crude tanked.

Anyhow, gold and silver remain the real things in matters of money, and nilly willy, even those that hate it with a passion will be forced to take refuge in them. Not unlike the GFC, this is the slow grind of the monetary metals that will inevitably bring them face to face at some point with all the pretenders, when they will be measured and weighed for all to see. I know which ones I would rather be holding when that happens.

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