why isnt gold 1000 plus, page-26

Hi siameseparrot

No I do not think everything will be fine next week or anytime soon.

If your buying gold on the sole basis the world is coming to an end, think again.

Sure there are major problems but I doubt it's as severe as some think it is. It appears a lot of this market meltdown is based on the unknown and fear/panic. The market is in correction mode, simple. And there is a fair degree of momentum involved.

I you believe gold is going to suddenly sky rocket that is fine, but is it reality? I doubt it will. Have you considered as to why gold has not sky rocketed yet? There are ample reason to think it should have already.

I am giving you my view if you don't want to listen and close your ears then fine. But the problem with that kind of approach is that you tend to get blinkered.

Short term gold could well rise more. But I think it will pull back before Christmas, cheers