Wednesday, August 22, 2007

GOLD AND GOLD STOCKS ARE A NO-BRAINER NOW.

GOLD AND GOLD STOCKS HAVE BEEN TIGHTLY CONTROLLED BY THE MARKET MASTERS...SO FAR.

BUT THE MARKET MASTERS NOW HAVE OTHER WORRIES ON THEIR PLATE AND I SUSPECT THAT THE "GOLD BASHING" WILL BE SEEN AS A BACK BURNER TRADE GOING FORWARD...

THE BOND MARKET WILL BE MORE THE FOCUS OF ATTENTION. KEEPING GOLD "IN IT'S BOX" WILL BE A SECONDARY ISSUE AS THIS CRISIS CONTINUES INTO THE FALL...

ADDITIONALLY, THE EFFORTS BY FED SHILLS TO BASH GOLD HAS MAKE IT "CHEAP" BY ANY REASONABLE MEASURE... GOLD SHOULD BE AT 800 NOW...BUT FOR THE BASHING...