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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: DukeTheDuck who wrote (41408)11/23/2005 7:31:17 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116555
 
RE:"Are you still interested in gold & gold stocks. "regli" posted a note recently(#41367) about the effects of international currencies, terrorism, and other volatilities on the price of gold and gold stocks.
It would be quite interesting to hear your "take" on this subject..."

As you probably know I trade gold stocks based on T/A. I don't buy physical gold. I'd say the XAU will pull back from about the 120 area but the intermediate trend remains positive until further notice. Personally I don't think the FED is hiking fast enough or high enough to squelch inflation.