Mahendra Pratap Singh - Comments

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14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis
9 years ago

Data and statistics are strange things, they can be used or misused in numerous ways. I see a motive in pulling out numbers to subtly nudge a common lay person to buy gold NOW or SOON. If I am not wrong then the markets are going to grow (albeit slowly) for at-least 2 year before the market crashes (either due to China's housing bubble or euro-zone turmoil or problems in Arab countries...or any thing else). Years of growth (no matter how much sluggish they are) puts a downward pressure on commodities like gold, and I believe the vested interest groups will not like this, the ones who have invested in gold. Do I sense that articles like these are a lame attempt to arrest the gold price for next two years at-least. Of-course thereafter the gold will be one valuable asset ta the time of market crash. And the same so called economists with vested group would start croaking that "haven't I warned you about this long time back"

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