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


To: carranza2 who wrote (23062)12/8/2010 10:32:27 AM
From: Scoobah  Respond to of 29622
 
Unspoken here so far, is the rising spread on CDS for US Sovereign debt, and the market talk of a downgrade, IF, we dont put our house in order,

yesterdays timid note auction,

and the fear of poor auctions today and tomorrow, which I am positioning for,

there is no way to know the affect on gold prices, but gold shares may not behave well if the dollar truly soars on the higher rates, which MAY occur and has been occurring for weeks