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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (88700)7/13/2009 10:36:44 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 94695
 
Vi, like i said, i'm looking for a divergence as GLD is down when the markets go down *right now*.

that could change, but it is the trend *right now*.

and it makes sense. a global deflationary scare will reduce stock prices as well as the value of gold - and i think that is where we are headed right now.

gold will eventually pick up, but *after* the full on deflationary scare that lies ahead of us, imho.