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

To: ecrire who wrote (27885)5/30/2012 3:03:47 PM
From: Nevada99994 Recommendations  Read Replies (1) | Respond to of 29622
 
Just don't get emphatic this time.



To: ecrire who wrote (27885)5/31/2012 2:59:42 PM
From: ecrire  Read Replies (4) | Respond to of 29622
 
Exit flat long Gold ETF.
Was expecting a counter trend rally which is not happening.
With interest rate declines breaking records; a flattening yield curve, Treasury can refinance debt near 1% (10 year at 1.55) so this game can go on a long time with little cost, unlike Spain or Italy who have to pay 6% or so.
Commodities weak, led by Oil, so inflation not an issue.


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