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goreality
Joined: 09 Jul 2009
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 Posted: Sun Jun 10, 2012 8:53 pm Post subject: |
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| For those of you who think gold and silver are over valued, put your money where your mouth is and short them. |
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Stan Rogers
Joined: 20 Aug 2010
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| Posted: Sun Jun 10, 2012 10:39 pm Post subject: |
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| 2 million won? Go to the casino. |
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JustinC
Joined: 10 Mar 2012
Location: We Are The World!
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| Posted: Sun Jun 10, 2012 11:08 pm Post subject: |
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| goreality wrote: |
| For those of you who think gold and silver are over valued, put your money where your mouth is and short them. |
I think they're overvalued but the market can stay irrational longer than you can stay solvent. Shorting something has unlimited downside; if gold popped to $5k an ounce my shorts would blow up my account. Even if it dropped back below $500 after I'm still bankrupt. |
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