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


To: jimsioi who wrote (7937)8/22/2007 10:51:23 AM
From: ecrire  Read Replies (1) | Respond to of 29622
 
Apparently no interest hike in Japan; that's allaying carry trade market fallout; on the other hand credit problem spreading to asset backed commercial paper; the Fed wont act unless forced to; it's all too difficult to sort out and I would certainly not buy or add to gold/silver positions.



To: jimsioi who wrote (7937)8/22/2007 11:44:30 AM
From: loantech  Respond to of 29622
 
Jims I have no idea on how all this will play out but maybe gold or silver will rise on their own merits regardless of war or interest rate cuts.

Maybe there is no reason for gold anymore and silver well it is just a base metal anyhow. <NG>
Tom