GOLD 0.51% $1,391.7 gold futures

its risky to anticipate further qe, page-16

  1. 24,765 Posts.
    Bolier: "Skol just for you, the red line is the 300dma. The best buying oportunity for Gold since 2009 and it's staring you in the face again ,back then you were saying..... ""Contrarian signal, buy gold, gold stocks appearing in newspapers and on the internet, time to bail, seen this all before.""

    Gold went from $900 to $1900....... might be time to sell some cows Skol."

    My comments:
    And lets not foreget that from their 2008 GFC crash lows beaten gold down gold shares massively outperformed gold on the upside.

    Gold shares are once again beaten down, and in relation to the US dollar gold price, many are trading even lower than their 2008 GFC panic selling lows.

    I expect that gold shares will once again massively outperform gold to the upside.
 
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