The ECB left rates alone so the dollar index is down big today , BUT, gold is down? whats up with that? Raises a red flag...on the other hand....gold stocks are holding up pretty well considering gold is down....will they finally outperform with one last push up to cap the recent trend? Bradley date coming up March 8/9.
Is the party over?
Started by
gvc
, Mar 06 2008 10:51 AM
2 replies to this topic
#2
stubaby
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Posted 06 March 2008 - 03:49 PM
gvc
Gold market just temporarily disappointed in ECB decision - with euro continuing it's rise and the FED "in a box" with more easing their only option - only a matter of time before ECB is forced to join the party - expect anticipation of such to keep gold on course for higher highs
stubaby
#3
cgnx
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Posted 06 March 2008 - 07:33 PM
Gold stocks are considered stocks. All stocks are getting dumped. Fear causes few buyers. Gold stocks are misunderstood. Not even pros understand why gold is a highly undervalued asset class.
Gold is extremely cornerable at the present time and price. Sovereign funds would be wise to scoop up this invaluable asset class and corner the world and technology.
He who controls Gold controls the world. There is no asset class in the world which is cheaper and more cornerable than Gold. Once gold gets cornered we will all be slaves. Technology NEEDS Gold. No Gold , no technology.
We can stop the Hunt brothers from cornering silver but can we stop Abu Dhabi? Or China? I think not. 
If it can be cornered, it will.
