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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (15616)12/18/2008 6:18:41 PM
From: Nevada9999  Respond to of 71475
 
I would agree the gold price is climbing a wall of worry. I suspect that this correction will eventually be as hard to find on the gold chart as the 1987 crash is on the long term Dow chart.

The HUI wall of worry is looking a little shelled out, and the junior gold stock wall has fallen over like a sheet of plywood. The gold price is the most important though, I think.



To: Tommaso who wrote (15616)12/18/2008 6:42:38 PM
From: Real Man  Respond to of 71475
 
Cause mining stocks crashed from 500 in March to 150 in
October, more than SP500. 15% decline is wall of worry, a 70%
drop is a wicked bear market.