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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (45854)7/28/2007 1:13:58 PM
From: onepath  Read Replies (1) | Respond to of 78424
 
Could be a big set up here.Gold dropping every time the market gets a whack is counter to many times in the past.Seems now that the majority of sources think gold will drop in the event of market panic.Sell everything and go to cash(U.S.$).Maybe this has been helped along by some well timed Central bank gold sales etc.Now what happens with a rush to cash and interest rates get cut? Anybody holding U.S. dollars is going to go for anything real....gold silver oil metals etc. Holding cash that is melting in your hands could be the worst place to be.Notlce how strong the price of oil has been lately ....gold to follow.(my bozo saturday thoughts).