GOLD 0.51% $1,391.7 gold futures

Hi, Parrot.Just curious about your take on Sinclair's...

  1. 1,335 Posts.
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    Hi, Parrot.
    Just curious about your take on Sinclair's prognostication. Why would the shares reverse even if gold is down? Surely the two are linked...

    Looking at the monthly charts,
    http://www.kitco.com/scripts/hist_charts/monthly_graphs.plx

    it would appear that the general trend is upwards, and such corrections as that which is occurring now are cyclical. I believe that we are just seeing the bottom of a cycle. Who among us would say that currencies and other markets are now so stable and secure as to inspire a dump the safe-haven of gold? Not I.

    My neck is sticking out here, and I believe that there will be a bounce, and not long from now. Let's see....
 
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