GOLD gold futures
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is it safe to get back into the water?, page-3

  1. rowingboat
    3,439 Posts.
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    22/03/11
    12:02
    Post #: 8145502
    Loki, I maintain that the gold stocks will be revised significantly higher this year on the back of their improved profitability.

    At some stage this has to kick in... but right now there are concerns about rising costs following last quarter's operating results from TSX goldies especially. The good news is gold vs commodities looks like it has made a bottom after falling throughout 2010 (chart below, green curve).

    BTW, Jeff Kern nailed the bottom last week for gold stocks with his SKI system, which continues to evolve in a bullish way since the collapse in 2008.

    Rowingboat




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