Welcome to Slider's Dugout Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: SliderOnTheBlack	12/17/2006 8:16:46 PM
	Read Replies (6) of 50439

With M3 & falling US Dollar-why is gold still down? I'm curious as to what threadsters think about Gold failing to mount a rally here, given M3 and the US Dollar cratering to the bottom of it's longterm trading range? I honestly have never seen such a broad consensus, or such unbridled enthusiasm for a rally -- as I saw amongst gold bulls in November re: Message 23024023 Given the reconstructed M3 stats posted by others here, why hasn't that alone unleashed gold? And it seems that gold bulls got their Christmas wish of all wishes granted -- with the US Dollar getting whacked. So with the double barreled blast of - out of control M3 and the collapsing Dollar...why is Gold still floundering 221 days, $112 and 62 index points into a correction? There is no right, or wrong answer that I'm looking for. I'm just curious as to what you feel are the reasons for Gold's inability to rally here. Comments? SOTB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next