So we climbed the $1k mountain

Weiss

and this time we actually planted the flag. Up or down from here?

cohodk

Would have preferred a close over 1008, but an up day is an up day.

goingbroke

I think WAY,WAY down

RedTiger

To quote the immortal Ralph Kramden, "to the moon Alice!"

RedHerring

Will 09/11/09 go down in history as the day we broke through the $1K "psychological" barrier.

Only a hunch, but we have to be getting close.

Norseman88

<< <i>I think WAY,WAY down >>



Of course it's going way way down, after all the M3 money supply is dwindling way way down.

Seriously I do expect Gold to go down some but there is absolutely no reason for it to go way way down short of a second great depression or the delusional imagination of someone who's shorted the Gold market.

Konahead

<< <i>

<< <i>I think WAY,WAY down >>



Of course it's going way way down, after all the M3 money supply is dwindling way way down.

Seriously I do expect Gold to go down some but there is absolutely no reason for it to go way way down short of a second great depression or the delusional imagination of someone who's shorted the Gold market. >>



China will never let that happen, and frankly another depression (bad as that would be) will not be bad for gold.