GOLD 0.51% $1,391.7 gold futures

it's ground hog day ..., page-8

  1. 1,890 Posts.
    Quite simply, for gold stocks to rise "significantly" as a collective, the POG needs to enter a sustained period of out-performance of everything (oil,currencies,iron,copper)

    This required out-performance could come to fruition relatively soon , with world debt issues evolving into something more serious every week.

    And if/when the debt bubble explodes , will gold emerge from the rubble as a commodity or a currency ? Or part of a new currency?

    "The ideal scenario of course would be a rising US dollar gold price accompanied by a falling Australian dollar. "

    The perfect storm for gold ,where it out performs all other assets, will create just that scenario imo.
 
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