GOLD 0.51% $1,391.7 gold futures

skol, i cant say its unsurprising to have you back commenting as...

  1. 2,182 Posts.
    skol, i cant say its unsurprising to have you back commenting as soon as the POG drops some, but as usual your 'cheerleading' is going to be proven wrong and very limitied in it's interpretation of the reality.

    you have failed to note its not just GOLD, it's the whole financial market that is down.

    You always talk up the US, but with Dupont and 3M both down on shrinking earnings, and with the US economy obviously slowing before its fiscal cliff looms the future for gold looks better than ever as they are going the QEtc for a long long time.

    The european markets are also driven down by the fear as Spains pain continues with more contraction and the day of the bailout is coming ever closer.

    the future is going to be choppy, we know that, massive swings in the POG, and good opportuities to short will come along. but a collapse in the gold price in my opinion is not possible.
 
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