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  • Is This the Death of Gold & Silver Stocks?
    Gold has gone WAY WAY up the last few years as the dollar went into the toilet ...so the recent pullbacks are still not quite reflective of the possible downtrend if the dollar goes back to the 120- 130 euro.... do you remember the Euro was worth about 80 cents not that long ago

    thus the huge spike over the years in Gold. I think Gold goes to a minimum of $750.00 after the demand season and possibly before it....and could go as low as $675 if the dollar hits 120.00 Euro
    Sep 02 23:47 pm |Rating: 0 0 |Link to Comment |View article
  • Is This the Death of Gold & Silver Stocks?
    Not dead ... no as currency markets are crazy. BUY the dollar is clearly rebounding and tha tis NOT good for gold whether demand is up or not. Gold stocks are not the same as Bullion and I would just set tight stops on stocks like AUY when they get to the 9.50 or less range for an upswing and that could be as early as tomorrow.
    Sep 02 23:43 pm |Rating: 0 0 |Link to Comment |View article

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