GOLD 0.51% $1,391.7 gold futures

skol..., page-10

  1. 33,145 Posts.
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    This must be my 15 minutes of fame.

    Overall I'd say the outlook for the major economies and the world stockmarkets are looking pretty good. If gold corrects big time that money has to go somewhere, into stocks most likely.

    The latest piece of news is that car sales in the US are the highest since the GFC, the only car company suffering is Toyota after their recall dramas.

    Sornette's theorem predicts gold will still go higher and will collapse late April early May.
    A modified Russian version predicts that gold will be most vulnerable April - June.

    One fund manager says that the gold rally is "investment driven and built on sand".

    The WSJ says that silver is very vulnerable, only a thin $19b market and leveraged.
 
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