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Politics : Welcome to Slider's Dugout
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To: wildandwonderful who wrote (6968)11/8/2007 6:34:33 PM
From: inchingup  Read Replies (2) of 50514
 
"Here Volume is driving by rampant speculation"

I disagree with you...totally. I believe that all those depreciating U.S. dollars held in China and the Middle East are making their way into the "gold" mine.

I have held some forms of gold since it was $314 and added CEF and GTU along the way.

Right now the stuff pulled back a whole 1 1/2% off its 28 year high. BFD.

There is no reason for any appreciable depreciation as long as the Fed is printing and Bush attempts feverishly to bankrupt this country.

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