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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TheSlowLane who wrote (13822)6/6/2008 9:27:35 AM
From: jimsioi  Read Replies (1) of 29622
 
Oh Clive, get all worked up....a day in the sunshine for gold.

We all know what's going to happen today, don't we? As soon as London closes they will smash gold, the dollar will rally and the stock market, if it hasn't recovered by then will come back on profit taking in Crude.

If something else happens maybe I'll be a buyer..But primarily I don't think GOLD gets out of its dumps until after the FOMC meeting and the June options expiration. The powers who are will talk the dollar up and gold down until they are blue in the face till then...
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