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

To: Don Earl who wrote (15494)10/8/2008 8:10:35 PM
From: ogi  Respond to of 29622
 
Yes very much a probable scenario. Or if all the cash sloshing goes back into the market we might see inflation of equities and a rising gold price. More sure of gold than the Dow.



To: Don Earl who wrote (15494)10/8/2008 8:18:41 PM
From: ecrire  Respond to of 29622
 
Dow 11,500, Gold 1,200 more probable IMO.



To: Don Earl who wrote (15494)10/9/2008 4:52:46 PM
From: GST  Read Replies (2) | Respond to of 29622
 
There is no particular point at which gold might settle based on any pre-ordained limits. Gold is positional -- and right now it is attractive as one of the few asset classes in a uptrend. It is THE perfect play for those looking for pure irrational momentum in an otherwise dire market. A decisive move above $1,000 US could propel gold to levels that are hard to imagine.


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