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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: ecrire who wrote (7938)8/22/2007 4:20:49 PM
From: jimsioi  Read Replies (2) of 29622
 
Slan and ecire, Gold silver and PM miners.

Better environment for equities today. I would be interested in knowing if the same is the case in the commercial paper market. Seems like a general discounting of a FED FUNDs drop at or before the next FED meeting. Surprising to see GOLD so subdued. Don't people see that as inflationary?? Miners leading the metal....that's good, right???

XAU has made about an 9% move up from its bottom last week, holding 120...
stockcharts.com

What happens if the FED doesn't cut....?

Enjoyed the recovery ride the last couple of days...Base metal miners recovering well and non resource stocks coming along fine, too. Quite obviously should have been more aggressive with things in the pits last week...Congrads to those who were.
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