buy time, page-5

No hurry to buy goldies.

POG weakness to continue.

The bears have the bulls on the run and the seasonal factors are taking too long to kick in. We will be lucky if the old low of USD1180 holds this time.

May be if Europe has a full scale war then gold could move up.

The other factor that could move gold next year is some inflation in the US.

Until then it is a case of suffer little children and goldiebugs.

I am still waiting for Indian gold demand to recover - not really happening much while Chinese demand is a bit muted. Money is flowing into the Indian stockmarket.

loki (grab those cheap goldies as they get cheaper and keep averaging down - there has to be a bottom somewhere before our money runs out. Well there just has to be.)