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


To: TH who wrote (13790)6/3/2008 11:08:52 AM
From: Rolla Coasta  Read Replies (1) | Respond to of 29622
 
How about a rate hike ? Wow, this rate is volatile !



To: TH who wrote (13790)6/3/2008 12:36:15 PM
From: Veteran98  Read Replies (2) | Respond to of 29622
 
With the POG down today there seems to be surprising resilience in the majors and many of the juniors. The TSX venture exchange is also holding up well and is down barely 5 points . Gold is also well off it's lows and moving higher



To: TH who wrote (13790)6/3/2008 4:29:29 PM
From: rubbersoul  Read Replies (1) | Respond to of 29622
 
I agree, TH. Bernake can posture behind his strong dollar rhetoric but will he dare raise interest rates so soon and risk a stock market collapse while turning the screws on the debt laden that are pretty much...uhhh..screwed? Bernake admits the dangers of inflation/rising prices but what can he actually do about it short term except posture? I am hanging on to my Goldcorp and select juniors. I have cash to burn however. Now isn't the time to get too greedy.