Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeeter Bug who wrote (88699)	7/13/2009 10:25:17 AM
From: Real Man	1 Recommendation Read Replies (1) of 94695

Gold is in a bad season that ends about now. Late July/early August are normally annual bottoms, and September is usually very strong. Then of course ... investors are in that market, so they do drive gold now. On the other hand, if they decide to allocate 2%, they will buy up all the gold out there and more <G> Besides, it's a myth that gold and stocks are correlated - when the bear just started in 2007, gold went ballistic. Then it started dropping in March 2008 when stocks bottomed, predicting the rise of the dollar (from ashes) Gold absolutely loves the printing.

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