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

To: gold$10k who wrote (25531)8/21/2011 6:55:29 PM
From: carranza22 Recommendations  Read Replies (1) | Respond to of 29622
 
No correction yet, not at the moment anyway as gold is up 22 last time I checked.

If any significant correction is to take place, it may be around the 2200 level when gold reaches it's previous inflation adjusted high. However, if the troubles continue, look for gold to keep going higher.

Even a correction at the 2200 level should be temporary. Phony inflation data and a ZIRP guarantee for two years suggest the run has at least a year to 18 months to go, minimum, though the ride may well not be smooth.



To: gold$10k who wrote (25531)8/23/2011 5:04:36 PM
From: gold$10k1 Recommendation  Respond to of 29622
 
FWIW, I sold a bit of my PHYS at the open and bought it back at the close. My GLD puts are reflating nicely.

I favor Clive Maund's scenario at the moment.

321gold.com


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News