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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (31489)5/1/2005 1:37:15 AM
From: regli  Read Replies (1) | Respond to of 110194
 
>BTW, have you read anything by Hamilton which hasn't been bullish on gold?<

The following could easily be in interpreted to be bearish. It was written January 9, 2004:

321gold.com

"For my fellow gold and gold-stock speculators, I would be really cautious here and not add new positions. You also probably ought to ratchet up the trailing stop losses on your existing positions. The next great buying opportunity to ride another glorious gold upleg will probably not occur until gold converges with its 200dma, until Relative Gold once again approaches 1.00 parity. If the past is any indication, this countertrend move could take a few months to fully play out."