Friday, September 15, 2006

BIG GOLD PLUNGE CONTINUES...

As long as the central banks can keep driving down gold...everything will be OK.

But of course that does not actually "solve" any of the macroeconomic problems that plauge the global economy....like the huge US trade deficits.

GOLD BASHING IS THE ONLY THING THAT IS REALLY WORKING NOW...AND SHORTING THE GOLD STOCKS IS ALMOST BECOMING A DANGEROUS "NO-BRAINER."

DANGEROUS BECAUSE THERE ARE REALLY MANY MACRO REASONS WHY GOLD SHOULD BE RISING NOW...NOT FALLING.

STILL SOME CONSOLIDATION OF GOLD SHARE GAINS IS EXPECTED....AS GOLD IS THE BEST PERFORMER AGAINST THE MAJOR AVERAGES OF ANY SECTOR THIS YEAR.