GOLD 0.51% $1,391.7 gold futures

reuters telling the truth about gold amazing !, page-50

  1. 3,382 Posts.
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    thanks for the link, Hercules. will refer to that from now on.

    Loki, it's not Acting-Man's style as he points out time and again that no-one knows the future. You'll note that he won't say when to buy either.

    So while he didn't say to dump gold stocks, he pointed out at the time that calls for $2000+ gold by various banks was a bearish omen. Now these same banks are calling for $1000 gold, which is a string on the bullish bow.

    following on from my comments yesterday, obviously the next shoe to drop could be the retail gold investor who finally concede. Here's an interesting view from a group of local economists who've been earning my respect, the comments section is usually pretty good too:

    http://www.macrobusiness.com.au/2013/07/can-the-us-recovery-carry-us-all/
 
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