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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: E. Charters who wrote (62690)1/4/2009 8:12:32 AM
From: kayco  Read Replies (1) of 78426
 
Clarification of my last email. I am buying gold shares because the gov. is going to increase money supply to counteract the drop in the economy, this increase in money supply could lead to increase in price of gold. When economy comes back, possibly gold will go up because of fear of inflation. The problem with these ideas is that gold shares have a tendency to head down as market heads down and that when the market comes back possibly people will pull their money out of gold and drive gold and gold shares down. Gold at this point seems to be tied to price of oil. Oil heads down, gold heads down.
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