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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bullbud who wrote (85363)9/17/2008 2:50:38 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Gold is in a seasonally favorable period and could barely move in the face of stunning financial news.

I hardly see a short term divergence as being that bullish.

It could diverge from the dollar as it did in 2005, but I would not count on it, especially on as weak a move as this.

Yes it could explode at any time and most assuredly it is a better entry than $200 ago.

I am simply unconvinced either way.

Mish



To: bullbud who wrote (85363)9/17/2008 10:22:18 AM
From: bullbud  Respond to of 116555
 
I just saw POG jump straight to 817 from 807. YIKES! So, tell us, what's wrong with Gold??? Please, we want to hear all about it.


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