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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: orkrious who wrote (257993)7/1/2010 2:13:12 PM
From: THRead Replies (1) of 306849
 
ork,

I agree, but we are being logical <g>

And expecting reason from this market is expecting too much.

The huge commercials will cover some, but the positions are large. I'm sure the Fed wants gold down so the next QE does not propel it to 1500 in a heartbeat.

So, even with the boyz against us, I'm not too concerned about bullion, but I never am. The miners are more tricky, of course. The paradox is that a strong dollar will sell the market and the question is if (at least initially) do miners follow the market or bullion?

In the meantime, we wait for the games to be played out. No problem. Gold will win eventually.

GT
TH
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