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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 (53722)2/13/2006 2:08:20 PM
From: chainik  Read Replies (1) | Respond to of 110194
 
Nothing objective, unfortunately. Just the boards and wild reaction of juniors to mentioning by gold investment letters (without any fundamental news).

Do you have an opinion what would be a good buying point based on money flow into rydex PM?



To: ild who wrote (53722)2/16/2006 12:05:34 PM
From: aknahow  Read Replies (1) | Respond to of 110194
 
Thinking that should GLD trade at a premium high enough to generate a delivery of physical gold that might signal that the downdrift is over for now.

GLD traded at a small discount for about 5 days, which was a very rare event. Now for the last two days it has traded at a small premium but way below 10 basis points.