Despite gold has big move recent days, it is not enough, gold should be $400 level.
Although GATA has some success, it is my views that GATA not only has to apprach CB but also congressmen or Congresswomen regarding current policies is unfair for thegold mining sectors, argri sectors...etc....
THe current policies have to change then gold will have more live. Current policies is very much favor that blue chip companies like Dow John Industrial Average 30 stocks.
Although DOw has displayed losing momemtum but this 10,500 is still too hi, gold $325 is too much on the lower side.
I encourage GATA to adopt more aggressive approach to U.S> Congress to express their [our} real concerns regarding this gold price too low etc.....
Gold indeed, retraced to my target of $315 Dec contract, and back up to $325 now $324.50.
My buying point indeed realized and much in the money, as I said when bull trend is intact, buy at correction and sell at rally will make you huge fortune.
Look at Dow +106 @10,506
John Paquet |
