Dear Kazhak,
Thank you for the commentary. Do not have many soothing answers now, except to say the deflation theme is rampant among the hedge funds.
Bonds up, transports down, commodities all trashed, Dow up. Tech stocks trashed. By the way, maybe of interest, I posted two weeks ago our commentary, "High Tech, The Boom Bust Cycle of a Generation", and got not one response on this sight. The whole report is on our website, www.venerosogold.com.
The best of the best insider gold bullion analysts we know thought $295 was the downside for gold. We said $290. Gold now at $288+. We think brutal overkill by the avengers ( hedge funds ). We know the Dutch are or have been until very, very recently still there, sitting on the market. Fear selling is everywhere.
Somehere in here, sanity will prevail. We advise hold tight on all gold related investments.
Bill Murphy |
