The major catalysts for gold’s uptrend : Bullish trends in the gold options markets The historical “gold-oil ratio” averages Potential market-moving events to drive demand Read more at http://conquerthewallstreet.blogspot.com/2008/08/three-reason... ...
While GLD has stumbled since late January, there is ample reason to be long through the remainder of this year. The credit crunch and the price of oil have cast a pessimistic pall over the market and inflationary concerns are cropping up. In this type of economy, GLD not only will hedge your portfolio, but you'll see a significant gain. It wouldn't be unreasonable to see GLD hit $...
Gold is about to resume its upward primary trend. At the same time, the US Dollar will commence undergoing further depreciation. The Euro and Swiss Franc (especially the Swiss Franc) will start appreciating against the US Dollar. A new waive of resistance will be encountered once the yellow metal will reach 950's. ...
Lets face it the dollar is toast and is being held up only because the US owes so much money our creditors can't sell off the trillions they have as it would crush their investment. They can steadily move their money into gold and thats what they are doing.
I recently enjoyed a nice return from a small squabble about the Fed... but this has not been the main event... as other governments begin to drop rates again, it'll be interesting to experience a new move of gold to $1500+... gold will shine past 2009. Gold is the ultimate flight to quality when every meaningful global currency begins to lose its real value wi...
Gold Price ?
- Hey, i just wanted to discuss something about gold future prices ? i have just entered in gold investments and would like to hear from seniors about w