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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: SouthFloridaGuy who wrote (89088)10/24/2008 3:02:33 PM
From: ajtj991 Recommendation  Read Replies (1) of 116555
 
The price of Gold will come down to bring the ratio down, IMO.

Gold will have a 5-handle soon. $550 or so.

Remember, a lot of what the miners sell are by-products like copper and nickel, which are getting crushed back to 2003 prices. That's hitting the bottom line of the miners.
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