|
REPORT ABUSIVE REPLY
|
|
Message Subject
|
IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
|
|
Poster Handle
|
Punk-A$$ets |
|
Post Content
|
...
Awesome thanks.
I'll get reading right away!
I've added this post to my favourites so I'll be watching it closely.
If gold breaks $1180 then do you expect the flood gates to open down to $1100 or beyond. I'm sure a break of $1180 would scare the shit out of a lot of gold bugs!
Quoting: Antipodean Well, I thought we'd be there already but gold is still hanging tough. I really dont know. I still think we can bounce soon. Interesting. But if the dollar keeps rising as it has been that's going to create more downward pressure on metals. I have a feeling we'll see one final shake out the problem is the dollar looses more purchasing everyday even though the fake charts say its strong ? To a large extent the dollar loses more buying power because more of it is being sucked up by taxation and ever expanding health care costs etc. All of these costs are absorbed by the end users - in the costs that we all pay for goods and services. But what I am talking about is the dollar index which is the dollars value weighed against other currencies.
|
|
|
Please verify you're human:
|
|
|
Reason for reporting:
|
