262 replies to this topic

[Russ]

I think this article is arguing Gold should be higher based on some fundamentals? Opinions?

http://www.futuresma...j...ies&ref=rss

i agree w/his argument on gofo. i believe @some point in the future gofo will be in backwardation. =gold for delivery will be scarce, thus higher in price.

dharma

Thanks Dharma, so if the future price is higher then the trailing spot should move up with it I assume?

[senorBS]

we had an outside week with up closes in gold and silver, not bad, wanna see a strong move norte of HUI 208-210 as the next step in the bottoming process Senor

[johngeorge]

The following PNF charts give mixed signals:

$GOLD bearish

$USD bearish

$Hui bullish

$XAU bullish

Stocks leading bullion in the past have generally been a bullish sign. Will know in the fulness of time.