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

To: ecrire who wrote (20496)	12/24/2009 5:53:57 PM
From: Bob Fairchild	Respond to of 29622

Maybe yesterday's strength in the miners made yesterday's drop in the POG suspect ? Could be deep pockets shorting one and going long the other and visa versa in a low volume environment just to keep us all confused in the short term ????

To: ecrire who wrote (20496)	12/31/2009 10:31:52 AM
From: Archie Meeties	Read Replies (1) \| Respond to of 29622

Interestingly, the spot price of industrial metals (antimony, rhodium, titanium, molybdenum, cobalt) is up strongly since late summer. These metals are not traded in the futures market and so speculative premium isn't built into their price. Price discovery, not future expectations set the price. This suggests to me that a global recovery is real. Also, PMI @ 60?! online.wsj.com Given this, many other asset classes besides gold will be attractive in 2010 as sytemic financial risk subsides. Inflationary risks are tough to take seriously given the worlds overcapacity of everything; labor, industrial production, energy, etc. The only hope for a significant gold bull would be dollar weakness, which again seems less likely given euro problems. Bought DZZ @ 14