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


To: Jacob Snyder who wrote (29085)12/18/2012 3:05:23 PM
From: TheSlowLane1 Recommendation  Read Replies (1) | Respond to of 29622
 
Jacob - you make many good points. I can't explain why gold is not spiking. It is good for nothing in that it is good at doing nothing. Other than sitting there like a lump. It is antisocial and doesn't interact with the other elements and makes people who own it likewise or so I hear. ;^) Pierre Lassonde gave an excellent presentation at the Denver Gold Forum this year on the state of the gold market. I think it does a very good job of addressing at least some of the questions you have raised.

ceo.ca



To: Jacob Snyder who wrote (29085)12/18/2012 3:21:45 PM
From: ecrire1 Recommendation  Respond to of 29622
 
Don't forget that Gold had a ten year rally to 1900 for variations of your reasons.
So those fundamentals are already discounted.
No one here believes it and, unfortunately are learning the hard way.
As for mining stocks, they have been replaced by ETF's for those on the long side. Nothing attractive there. Maybe FCX because they are diversified.



To: Jacob Snyder who wrote (29085)12/18/2012 3:40:10 PM
From: Zincman3 Recommendations  Respond to of 29622
 
Gold's run could well be over for a while. 12 years is a nice run.

Some say so, others no. Only time will tell.

A strong case can be made from either side.