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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (107572)3/8/2008 11:51:12 AM
From: Rocket Red  Read Replies (2) | Respond to of 313967
 
I agree but the credit crunch has thrown a wrench into this bull market.We should have seen major explosions already with gold close to 1000 and we have not.Select stocks yes have risen.If gold corrects back to 750.00 what happens the big golds come down and the juniors go lower

I wish they were all exploding and we all were making a killing buts that is just not the case here today



To: SwampDogg who wrote (107572)3/8/2008 1:13:56 PM
From: loantech  Read Replies (1) | Respond to of 313967
 
swamp it seems like there is usually a pause and a return to the 200DMA in gold and I assume the stocks will go there too?



To: SwampDogg who wrote (107572)3/8/2008 4:32:57 PM
From: rubbersoul  Respond to of 313967
 
<This gold market will NOT correct sharply from this level.>

FWIW, I'm pretty sure this was the general view expressed by Greg McCoach, Lawrence Roulsten, John Kaiser, and David Coffin at the PDAC.



To: SwampDogg who wrote (107572)3/8/2008 5:39:36 PM
From: Cheeky Kid  Read Replies (2) | Respond to of 313967
 
I remember in 99 or 2000, all the market gurus were talking about the new economy. Then the market crashed, they were all wrong.

In my opinion, gold can not sustain these high values, especially 1500-2000 per ounce, and interest rates will rise one day too.

One thing I have learned over the years is Everything Cycles.



To: SwampDogg who wrote (107572)3/9/2008 8:37:02 AM
From: TheSlowLane  Read Replies (1) | Respond to of 313967
 
Jeffrey Christian was on FSN this weekend. The CPM Group is publishing their Gold Book next week. Anyway, I like getting Christian's read on the market because CPM Group is a major player in the bullion market and Christian is NOT a gold bug, but is bullish on gold. He anticipates that oil-producing Middle Eastern nations will come off the dollar peg sometime this year and that gold will see an explosive up move in conjunction with that...