GOLD gold futures
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i feel 1000 gold coming tonite, page-6

  1. siameseparrot
    24,765 Posts.
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    20/02/09
    20:00
    Post #: 4821403
    So your "gut feeling" must have ignored the massacre of gold shares on the ASX today, starting with NCM and LGL?

    My "gut feeling" based on the selling on today's ASX selling is that we'll see gold below US$950 tonight. How is one meant to explain a rush to get out of gold equities today, which are way undervalued based on US$980 gold and over AU$1500 gold?

    They would also still be way undervalued in my view at US$900 gold.
    Value at posting: $0.00
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