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Re: Strange Day for Gold..

By: Decomposed in ROUND | Recommend this post (0)
Thu, 08 Sep 11 7:51 PM | 38 view(s)
Boardmark this board | De's Test Board 		Msg. 34840 of 45651
(This msg. is a reply to 34829 by Decomposed)
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Gold was down $79 at one point yesterday, then recovered $20. As I posted at the time, mining stocks were suggesting that gold would come roaring back.

Indeed it has. Today, gold has recovered another $45, putting it practically back to where it was before the selloff. And the day's not over!

Currently $1,862/oz. I'm still expecting $2,000/oz this year.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:
Strange Day for Gold..
By: Decomposed in ROUND
Wed, 07 Sep 11 11:16 PM 		Msg. 34829 of 45651

Gold was down $79 earlier today, and is still down $59, to $1,816/oz.

Yet many of my gold mining juniors are taking the news in stride. In fact, my portfolio would be UP for the day, but for the $7,000 "earnest money" I wired out of it this morning for the New Hampshire property.

This means gold bulls aren't taking the bait. They're expecting gold to come roaring back.

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