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.

Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (7809)	8/16/2007 9:18:40 PM
From: gold$10k	Read Replies (1) \| Respond to of 29622

I hadn't noticed that, but yes... a minimum target of $840-850... the 1980 high. Zowie!!!

To: SwampDogg who wrote (7809)	8/17/2007 12:35:53 AM
From: ItsAllCyclical	Respond to of 29622

FWIW, in looking at the Yen more closely it looks like we could unravel quite a bit more before this stops. Currently trading around 88 level on FXY and stockcharts. Based on LT charts 97-98 would not be surprising in the next few weeks or months. The rate of the unwinding will play a big part on whether the markets/gold will bottom ST. Not sure where the bank of Japan will step in, but either the bank or the Fed can change the TA/FA picture rather quick here so no pt in getting hung up on specific scenarios. Was doing some buying today, but still feels a bit early. Gotta get some follow thru going into the weekend tomorrow or monday could be super ugly. Cautiously optimistic right now. Love the FA environemt here TA still gives me pause.