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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 408.69+2.6%4:00 PM EST

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To: jimsioi who wrote (13446)4/25/2008 9:01:18 PM
From: ecrire   of 29622
 
Gold is trading like a currency. I don't expect the US$ rally to last long for the many reasons often cited, so I expect a gold trading (emphasis *trading") rally to ensue this coming week. Bought some GG today and will add on further weakness. Talking of GG, checked my records and see I sold my last GG position at 38.00 on 1/11/08, so in 3 1/2 months since then the stock is back down to 36+.One has to trade this stuff and forget the pie in the sky projections. of course I stay far away from 'juniors' and don't care for Silver either.
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