re: gold $412.10 it's all up?4 goblin
Bruce, You are right, there will always be corrections.
The parameters I am talking about are new ie these have not entered the picture in previous massive gold manoeuvres and are fundamental. Hence the picture has changed: ______________________________________
"A number of reasons have been mentioned: the high US twin deficits and money circulation caused by a too willing printing press. Overall US debt levels.
High oil prices, unrest and debasement of the US currency are good reasons why part of the investments should be in gold stocks, I believe.
I prefer gold stocks because of their leverage and I like stocks which have some clout, eg can still move up should the gold price come down.
That would be attributed to expansion and low costs.
These have massive exploration potential. _____________________________
Someone reported that Argentina bought 42 tonnes of gold. Do countries prefer gold rather than US Bonds?
