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


To: Rolla Coasta who wrote (13789)6/3/2008 10:15:20 AM
From: TH  Read Replies (3) | Respond to of 29622
 
Mac,

It's ok, as <speaking> is all the Fed has got. They are trapped beyond trapped. Maybe they will chew off a leg, but I doubt it.

Someday this is going to blow up in their face. I'll stay long the POG.

GT
TH



To: Rolla Coasta who wrote (13789)6/3/2008 10:22:59 AM
From: jimsioi  Read Replies (1) | Respond to of 29622
 
Makes one wonder what will happen around FOMC time this month.

The FED seems to have very well coordinated attacks on GOLD and support for the dollar when it needs to paint the right picture. This all leaves me some what leary of these PM markets...TALK about manipulation in the Energy market??!! How about in the gold and silver markets?...I would like to see more "transparancy" with regards to the concentrated short positions in the Silver market held by banks...Dreaming, I know....

Meanwhile, after a hit, miner shares have come back..SLW is positive and GG is toying with same.

Bought some AUY, so as to be a player in this grand drama:
THE MONSTER THREE THRILLA

Will be doing more buying if the downtrend lines referenced in the previous post get taken out on the close. They tried to smack gold and PM miners with Bernanke on the throne, today, if they fail, and instead we get operative downtrend line breakouts with miners stronger than the metal and oil down....then one has to wonder - what's going on here???