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


To: ecrire who wrote (22996)12/6/2010 4:53:15 PM
From: Jim McMannis2 Recommendations  Read Replies (1) | Respond to of 29622
 
The markets (stocks) can withstand some rise in rates as long as the fed is seen to be behind the curve. Metals stocks might take an initial hit though.

On the plus side if rates are seen going higher the banks might rush to lend. Economy could go bonkers.



To: ecrire who wrote (22996)12/6/2010 6:26:47 PM
From: GST3 Recommendations  Read Replies (2) | Respond to of 29622
 
<the facts are that China raising rates has resulted in some severe declines in commodities as well as gold>

Really :) Have you looked at the price of gold lately, or soybeans... etc., etc.??????

Or do you mean that some short-term traders, acting in a knee jerk and clueless fashion, sold gold because they got the implications entirely wrong?



To: ecrire who wrote (22996)12/6/2010 10:13:05 PM
From: Bob Fairchild4 Recommendations  Read Replies (1) | Respond to of 29622
 
Egad man ! Do you ever tire of being so wrong about the direction and true sentiment of gold that you continue to make these bearish pronuncements. When and if you ever get bullish on gold and precious metals just hope that your legacy is that you end up not being compared to that shoe shine boy talking to Joe Kennedy before the Great Depression.