GOLD 0.51% $1,391.7 gold futures

interesting gold prediction ..., page-2

  1. cya
    3,836 Posts.
    brilliant buying when it does

    rather than a sign of weakness its a sign that gold will be ready to build for the next leg to 1500 late in the year

    allot of the hedge funds were on the other side of the producer hedging thats now been unwound, these folk are now under pressure to raise cash

    gold deleveraging by these folk is a good sign the more leverage thats taken out of the system now the better it is for gold in the longer run

    the djia will start a significant correction by end of may, this may concide with the gold correction, gold equities may correct with them squeezing down to bedrock

    when this happens its going they are going to be the buying opp of 2008

    only my opinion yes I might be wrong

 
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