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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 (43716)10/18/2005 2:04:26 PM
From: ild  Respond to of 110194
 
Date: Tue Oct 18 2005 12:54
trotsky (siempre@commerzbank writer trashes gold) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
now that gold has experienced a sharp rally to nearly 2 decade highs in ALL major currencies, one would expect some bullishness to become apparent.
but amazingly, not so , this dude from commerzbank is hardly alone with his 'gold trashing'. an astonishing number of articles ranging from skeptical to outright bearish have appeared in the non-financial and financial press alike over the past few weeks.
it seems that regardless of how high the market takes gold, hating it remains in fashion. this is of course very good news for the bulls, as it indicates there is plenty of uncommitted money on the sidelines that will eventually pour into gold.
almost needless to say, the 'gold trashers' are mostly people who have completely missed the bull market to date.