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


To: ecrire who wrote (27766)5/23/2012 10:06:48 AM
From: Nevada99998 Recommendations  Read Replies (1) | Respond to of 29622
 
Greece is getting a margin call, and if they thought printing would save them they would be out of the EU in a heartbeat. The US has inexhaustible paper, but it's a confidence game. What the US is doing is taking a toll on confidence and explains all the misinformation and market manipulation designed to promote confidence. The secular uptrend in gold tells the story in spite of the present cyclical correction.

Traders use technicals to make trades. You seem to use them to prognosticate the fundamentals.



To: ecrire who wrote (27766)5/23/2012 10:41:09 AM
From: ecrire1 Recommendation  Read Replies (2) | Respond to of 29622
 
Gold: I suspect that China, Korea, especially, are selling Gold, accumulated last two years, also possibly Australia and Canada.
The Commodity game has reversed; downtrends everywhere.