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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (5094)4/28/2007 11:45:06 AM
From: yard_man  Read Replies (1) of 50053
 
what the market handed you ... lately

321gold.com

a sell.

Who is capping the gold shares?? That sounds conspiratorial -- just the same ole -- buyers and sellers -- it's not a lack of monies overall -- some garbage is being pumped to new highs ...

Could it be the looming recession?? The theory is (and I think it is reasonable) that when awareness of the recessions hits

(today we got the official elements -- inflation + slower growth)

all stocks get taken down initially -- including the commodity plays -- maybe even harder ...

edit: temporary break in the gold stocks makes me more confident shorting the market overall ... often signals a coming whacking.

But that's the initial reaction. Of course there is still a contingent of folks who think gold is strictly about inflation -- hopefully we're more savvy on this thread???
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