SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (91042)10/30/2009 5:37:13 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 94695
 
long term i agree, it's good for gold. but short term, remember: 1) there are a lot of leveraged specs in gold; and 2) gold has had a big rally highly correlated to the rallies in all risk assets. the b**r market party just resumed today and equities are going d*wn. gold will do well to hold steady as the major indices cr*sh 30% or so from their recent peaks.