Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: regli who wrote (46970)	12/10/2005 10:14:21 AM
From: UncleBigs	Read Replies (6) \| Respond to of 110194

I think gold corrects hard in the next 2 months and maybe longer than that. This huge rise we've is a buying panic caused by Bernanke's appointment to the Fed. Momentum buying and short covering added to the price spike. I see the Fed staying the course next week and believe that will be disappointing to gold speculators. As we edge into 2006, I see a stronger dollar, weak housing, weak stock market and weak gold.

To: regli who wrote (46970)	12/10/2005 11:01:02 AM
From: Square_Dealings	Respond to of 110194

while the chart looks parabolic there really havent been any classic spikes in gold or silver. gold made this whole move up on $2-5 dollar day moves. this is very bullish panic buying spikes would have gold making $20-$30 daily moves in which case its more like panic buying. no i think these are going steadily up because each day people are buying a lot of coins and bars and taking them home. the charts look a lot like oil when it starting breaking the $30/bl barrier m