Peridot, gold is the strongest sector in the long term. Even
commentators on CNBC put a bottom on it around $1,040ish contrary
to what the charts predict. The pattern is bearish, yet where would
money managers put their money if they ought to sell stocks? In
bonds? Or commondities? Given the long term perspective, I would
opt for commodities and gold, which have lost most of their lofty
gains. IMO.
They, the mm's might put their "not hard earned" dineros,
imho, into currencies, i.e., Uncle Bucky. You know those guys
on CNBC are certainly to be "trusted" too. You were kidding,
right? Anyway, Happy New Year. p.
Peridot, gold is the strongest
Bearish railroad pattern on gold
Posted by junkie on 31st of Dec 2009 at 12:26 pm
Peridot, gold is the strongest sector in the long term. Even commentators on CNBC put a bottom on it around $1,040ish contrary to what the charts predict. The pattern is bearish, yet where would money managers put their money if they ought to sell stocks? In bonds? Or commondities? Given the long term perspective, I would opt for commodities and gold, which have lost most of their lofty gains. IMO.
They, the mm's might put their
Posted by Peridot on 31st of Dec 2009 at 12:45 pm
They, the mm's might put their "not hard earned" dineros, imho, into currencies, i.e., Uncle Bucky. You know those guys on CNBC are certainly to be "trusted" too. You were kidding, right? Anyway, Happy New Year. p.
I'd like to believe that
Posted by junkie on 31st of Dec 2009 at 11:49 pm
I'd like to believe that I can listen to anyone and believe no one :-) Much less to trust... Happy New Year, prosperity and luck yet to come!