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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 451.79+1.8%Jan 22 4:00 PM EST

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To: Claude Cormier who wrote (11158)1/16/2008 2:15:41 PM
From: Tommaso  Read Replies (2) of 29622
 
>>>I think that the bull is at the stating gate. Not yet half way.<<<

How about making it a horse race and we're just heading into the back stretch?

Adjusted for inflation, the previous all-time high for gold is about $2,000.

This time, there are even more reasons for currencies to go bad and there is a lot more fiat currency floating around to be spent on gold. Furthermore, GLD is thriving and is making large regular purchases to back up its stock.

Two years ago I was much less of a gold bull than you were. That was before we saw what Bernanke was up to. Bernanke-panky.

When Gold hits $2,000 I will be driving to Canada to open a bank account using maple leafs.
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