Anyone buying this dip in gold and silver? I really cant understand the investment community.
National debt keeps going up in US, EU, JAPAN - check
Big deficits in US - check
Inflation running well above central banks target - check
Negative real interest in US and EU - check
Banking system still insolvent - check
Nothing has been fixed in EU - check
Japan on the verge of debt implosion - check
Oil well above 100 $ - check
Geopolitical tensions - check
I mean you can go on and on... and sales of gold eagles and silver eagles are like 20 % less then in the same 3 months period in 2011. Wtf are people thinking? Do people really believe the bs that is coming out from CNBC that the economy is improving or what?
I even sold my apartment last month and bought physical gold for all the money i got from the sale. Is it just my paranoia about the possible systemic collapse or is the herd completely complacent about all the dangers that lie ahead?
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