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Thursday, October 17, 2013

Another factoid in the goldbug's favour

Here's the Peru ETF:

Y'know, if gold was truly done for, forever and ever, then you'd have to think nobody would want to buy an emerging market like Peru that's one of the largest gold producers and whose economy is so dependent on gold.


  1. Copper's more important than gold. But apart from that, i'm with yaz

  2. You found it! An ETF/index that Rio Alto is outperforming today. That cheered me up.

  3. The RIO.TO piece of shit didn't even close above its EMA(5) on a day like this!

  4. Kid D on gold "manipulation." I've observed the same paranoid, ignorant narrative in the goldbugger blogosphere for years now.