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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (65495)5/29/2009 9:43:27 PM
From: kayco  Read Replies (1) | Respond to of 78411
 
NXG - good luck.

I wonder where we go with gold from here. Has any one looked at ride up in Feb gold and compared it to this ride up to see whether they can discern any sustainability to this ride. Bloomberg the other morning had a analyst from Germany saying US dollar will make a come back. The stock market, gold all could be the funds pumping in the money to make sure they don't miss any of the ride up. it may have nothing to do with the economy. One key analyst said today that some of this ride up are funds still covering their shorts. When you have Cramer, the Wall Street Jester, performing every night to the tune of: don't miss the bull market, it starts to have a surrealistic look.