Marketsurfer's bold gold proclamation
- Thread starter marketsurfer
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They can cut taxes and borrow to provide pork projects and give handouts all they want, and even cheat on the deficit and inflation accounting to make it all still look good, but EVENTUALLY the debt numbers will get so large that no one is fooled anymore.
one would think that there would be an inverse relationship between gold and equities if this gold bug chatter had any teeth.
a quick look at the weekly charts, clearly indicates no such relationship exists, in fact, it may indeed be the opposite....
a quick look at the weekly charts, clearly indicates no such relationship exists, in fact, it may indeed be the opposite....
interesting analysis.... http://www.blonnet.com/2008/06/02/stories/2008060250670700.htm
researching metals, i took a look at aluminum, found out some interesting news about the EPA lifiting regulations.... does anyone here trade AL?
surf
surf
I wonder whats the point of this thread, the guy doesnt present a single argument, makes a call and keeps repeating, ego stroking comes to mind. what are you afraid of ms?why dont you debunk some facts like the breakeven cost of mining gold is $700-$800
http://www.bloomberg.com/apps/news?pid=20601082&sid=aEW2t8WM4JQs&refer=canada gold going down stimulates jewlery demand,etc. oh wait you trade on inside information of central bank sales, I forgot
Sorry Surf, AL is for the big boys not little goodboys. One swing of price and youll be locked out bye bye.
BB
Interesting link...i had not realized that the costs had shot up so high which keeps favour for gold prices. I think to better understand the price we should in part assume OIL at about $105-110 the rest of year(realistic). this will then keep the gold price up on a natural basis.
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