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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (71613)9/5/2011 10:47:02 AM
From: koan  Read Replies (1) | Respond to of 78416
 
Pretty, looks like the high Serra. Gold at $1,900 as I post this.

Off to work today. No rest for the wicked.

So the 64$ questions are will gold join the dollar as a currency of last resort and will gold stocks follow gold. They didn't in 08, but I think both of the above will happen this time.

Gold will join the dollar as there is really nothing that is safe anymore, or predictable, except gold. And I think gold stocks will start paying dividends; and I expect huge consolidation. Asia buying up Australia now.

Gold keeps moving totally by itself as first. I have never seen it like this before.I think that shows its currency of last resort strength.