U.S. stocks are cheap and will outperform gold as bullion prices are poised to fall from “absurd” levels, according to Mirae Asset Securities Co.
It looks like the MSM is just throwing up any old garbage for mass consumption, while people who actually know what they are doing - like Jonathan a few posts ago - realize that boy the MSM was quick to launch 'gold bubble' into great wide open as soon as it had a minor - and I do mean minor - blow off.
Gold's 'Absurd' Price Makes Stocks Look Cheap: Chart of Day (LOL)
Blog readers, you are all adults. Make your own decisions. For me, I will consider shorting gold once again for hedging purposes ONLY, if I feel the need. But nothing I have seen over the last several weeks tells me there is a bubble that is anywhere near bursting. Gartman or no Gartman... Soros or no Soros... Mirae Asset Securities (LOL) or no Mirae Asset Securities.