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

To: jimsioi who wrote (10952)	1/7/2008 3:58:32 PM
From: ecrire	Read Replies (4) \| Respond to of 29622

Re general market the action and prospects are so gloomy, I can't see Gold immune from the increasing recession fears, just like Oil which fell out of bed. On Gold the EW Wave 3 may be exhausting itself before our eyes. Of course we've been suprised before, maybe again but the odds don't look good. On the more positive side, the US$ is hard pressed to rally in this investment climate and it's an election year so Paulson, Bernanke could pull a rabbit out of the hat and help dispel the gloom.If that should happen it would have an inflationary tilt and revive Gold.