IS GOld about to get Pounded?, page-21

well no one can despute the resent bounce off the low at 1138usd

but it appears now that opec has lost its standing as the price setter and deflation will be evident in the data going forward not hyper inflation

Gold has ignored its concept as a currency as it seemingly has little correlation to the USD index (which was supposed to have collapsed by now)

USd market are on a high and with lower oil, mainstreet should have more discretionary income to buy all those products now that are falling in price, once again thanks to the world crushing OPEC

rates are dropping in USA on the 10 year, low inflation means the fed doesn't really have to move

worldwide collapse, depression, triple dip recessions, massive layoffs, banking collapses are becoming a little spec in the rear view mirror..

what you think,,any reality in sight?, as I said a few month ago,,where is the deep drastic depression predicted since 2008, its starting to look as ridiculous with so many commodities falling.....

Gold will do its seasonal Nov / Dec jiggle to the upside, (sell sell sell), then start falling again, till next October, when the Sovereign debt crisis (bonds collapse), starts unfolding.