hey skol, how are you mate. I'm not sure id say i was getting a bit impatient, although obviously teh quicker teh better to get teh next round of stimulus out into the market.
for many commodities, not just for gold or gold stocks, as their will be translatable upswing from the new liquidity when it enters the system.
The gold price is interesting right now though and noteworthy, as since the announcement came it was not sold down anywhere near as much as in the last 6 months on previous dispaointing news, which could lead me to beleive either some know there is iminent stimulus or that there is new support at $1600. and more punters are coming after the inert, pointless, non returning asset investment that i love so much in times of crisis.
as for the rest of the worlds investors i would say tehres probably a spectrum of those who hold in confidence and those that think, what the hell am i doing? i feel confident but am only basing my opinion on the news i read and teh data thats showing slow downs across teh world and poverty on a massive scale.
if nothing is done the financial issue will become more of a social issue and the pollies can not afford that fiscally or politically.
anyway, we shall see what super mario and his cohorts have to announce today, if its more blah blah blah then i fear the market will show its disgust and the issue will swing to the more aggressive run to bankruptcies and bank failures , greece runs out of cash end of this month, and apain is just as bad as its coffers are drained to prop up a defunct banking system heaving under teh weight of dodgy loans.
but lets see. im sure the gold price is not goingt o fall substantially though whatever happens
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