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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 389.05+0.4%Dec 10 4:00 PM EST
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To: Riskmgmt who wrote (29403)6/24/2013 2:58:46 PM
From: ecrire  Read Replies (2) of 29622
 
Thanks. Over the years I have repeatedly cautioned against all the wild eyed bullishness. The props under gold no longer exist i.e. weak dollar and inflation. Uncomprehending, nonsensical projections by various people are now suffering the consequences. As for the future I would still not touch mining stocks with a ten foot pole; For the future we will surely have occasional trading rallies but the overall trend remains bearish. The bear gold trend that began in 1981 lasted 20 years.
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