mishedlo,
I like GOLD for trading also, btw, there is a similar one that is undiscovered, albeit of a paler luster. I'll let you guess at that one. Shouldn't be hard, there aren't that many.
I made the statement on SAII that gold would breakthrough 300 in 2002 and hold above that level, for the first time since late 1997, I guess I should bring my home thread up to date:
Message 16856186
You see, for just one thing, if they (they = CB's of the world) could have smashed the Price of Gold, they would have done it in November/December. Since they did not, they cannot, and so they will not.
Like the IMF and Argentina, the range of possible positive outcomes is running to nil and IMF Santa's Bag is running out of gifts to support losing causes, with only clunkers of coal left on the bottom. Suppressing gold is one of those losing causes, with the reward side of the equation soon falling to nada.
I could give more reasons and more clarity, but choose not to do so, as I am only at about 60% of my sector positions.
JMHO,
Roebear |
