reality dawning... for gold , page-6

For years there has been the "Gold is about to go to the moon" forecasts by various commentators. Every time the Gold price has rallied the Gold Bugs say "this is it" but each time Gold has dissappointed and fallen in price.

Gold stocks have been even more disappointing disappointing and many Gold stocks are below what they were when Gold was 1/2 the price. Junior Gold stocks have been smashed and there are many trading at 10-20% of their value 6-12 months ago look at RSG, OGC, MUN, PLA, IGR, DIO, VCN, CRE, AND, SBM, etc, etc. Even the larger Gold stocks such as LGL, NCM, KCN, SGX, etc are trading at 30-50% of their value a few months ago.

Still the never ending stream of expert commentators who still spew out "Gold is about to go through the roof" continues and Gold continues to disappoint. It's doing it now as the spot price is $40 below what is was 24 hrs ago and its falling in early European trade so it looks like yesterdays recovery is but a memory.