GOLD 0.51% $1,391.7 gold futures

us$ 950, page-4

  1. 3,267 Posts.
    oi oi oi alright,,,, finders gold pages have gold at US $ 897 at the moment and trending up on a consistent line, looks to me like US $910 tonight on that trend line.
    US $950 is a relatively easy target, the US inflation and the point at which they start printing cash will be when the gold price heads up strongly. The move on friday night was just another three steps forward ( two steps back) fluctuation we have seen over the last few months. Gold is building momentum for a significant re rating, watch from the sidelines if need be but it's going much higher...............MUCH higher. Small cap recent/new producers like CTO and MXR offer the best leverage to the increase and the spec side offers even greater leverage ( like MNM and numerous others), but of course with increased inherent risk.
    GOLD.....strong buy, now, in two months , in six months and in 9 months.....by then, a review will be needed to weigh up relative value based on higher gold (shares) prices and gold price at the time.
 
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