Friday, July 21, 2006

HOPING FOR MORE GOLD SELLING...!

As the world gets tenser...and the dollar gets weaker. We can only hope that the sell off in gold continues. Why?

Because it's totally irrational... Could it be caused by FED shills OR hedge funds "gaming" the system...? Likely...

THE FUNDAMENTALS FOR GOLD HAVE NEVER BEEN BETTER...THAT'S WHY IT'S SELLING OVER $600...NOT UNDER $300 AS A FEW YEARS AGO...

GOLD IS A "BUY IT AND FORGET IT" INVESTMENT THESE DAYS...


AND THERE AREN'T TOO MANY OF THOSE LEFT!

NIBBLING ON THESE $20 DOLLAR DROPS COULD BE A GOOD IDEA... BUT I'M STILL HOLDING OUT FOR GOLD SHARES TO HIT THEIR 52 WEEK LOWS... NOW THAT WILL BE A BUYING OPPORTUNITY!

BUT THE FED SHILLS WILL HAVE TO KEEP ON SHORTING BIG TIME...BEFORE WE GET BACK TO THAT LEVEL.