SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 423.31-0.6%Jan 15 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boolish who wrote (14998)9/18/2008 12:58:49 AM
From: GST  Read Replies (1) of 29622
 
In my view it is very plausible that there are large gold shorts being forced to unwind. I also think you will see international gold buying that really catches fire -- if and as the price of gold keeps on marching upwards. As a safe haven, gold is well placed at this moment in time. And it is 'positional' in the extreme. If and as more and more large scale investors actually take delivery -- oh boy, watch out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext