GOLD 0.51% $1,391.7 gold futures

is the gold bull over?, page-47

  1. 2,182 Posts.
    timber.
    DITTO to danhoffs first point.
    as for the control of gold, its not the control of gold its an influence of confidence they try to control by short selling ETF's
    the physical demand has proven they are not able to shake teh faith though.
    Now, other ETF holders have witnessed how the price of their paper can be decimated, and are swapping the paper for delivery, where/if they can and those that cant are taking teh cash and in my opinion, they will be buying into gold miners with proven assets and long mine life, or good juniors with good grades and management.
    lets see though.
    with miners so low, its got to be worth a punt, no point holding dollars and anyone with half a brain would be looking at the DOW and equities and be thinking...
    mmmm, buy a sector bottom of the cycle producing something that has a strong demand, or buy stocks on the market in comapnies with mediocre profits but stuttering productivity??
    ie, the profitability that analyst are frothing over is on the back of shrinking cost to the businesses, not by increasing sales, productivity or margin.
    which way would you go timber?
 
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