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Re: oil below 100, gold lower? how's volume? 

By: clo in ROUND | Recommend this post (1)
Fri, 10 Jun 11 11:07 PM | 77 view(s)
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Msg. 33382 of 45644
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Decomp,

Steel is strong, one of my old favorites AKS is in rally mode, with the others tagging along for the ride.
Maybe "steel" will outshine other metals? clo




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The above is a reply to the following message:
Re: oil below 100, gold lower? how's volume?
By: Decomposed
in ROUND
Fri, 10 Jun 11 10:47 PM
Msg. 33381 of 45644

re: "wilful posted here the other day that he sold his gold."

How's this for ironic? See the article below.

By the way, wilful is a pretty shrewd trader. I expect he's concluded, as I have, that gold and silver prices could be lackluster for most of the rest of this year. Or he MIGHT be in the Soros camp and think that the gold bubble is about to burst (in which case he's made a really bad mistake.)
 


Hulbert Financial Files Archives | Email alerts

June 10, 2011, 2:41 p.m. EDT

'Wall of worry' is gold-plated


Mark Hulbert says doubts about the stability of the gold market are now serving to drive gold prices higher.


Audio here: http://www.marketwatch.com/story/wall-of-worry-is-gold-plated-2011-06-10


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