I think we already reached the bottom of the dip in Gold

MMR

What I am reading about the G20 conference coupled with a confirmation from PIMCO about QE2 going off as scheduled in mid November to the tune of $100 Billion a month for the next 12 months has made me believe that the bottom is already in.

Gold already up in Asia in early trading as of this post.

PS. APMEX has generic used 1oz bars without assay cards in stock. (for now) This may be the last chance guys!

edmundfitzgerald

I agree that the current economic climate should cause the price of gold to climb higher.

However, never underestimate the power of the paper traders. They still hold the cards IMO.

OPA

There are two rules for success: 1.) Don't tell all you know.

MMR

2. Don't talk about fight club?

The ORACLE

jmski52

What - you mean that you don't believe the G-20 finance ministers when they vowed not to engage in competitive devaluations and to prod China into letting their currency rise?

Working together for harmony between all nations. Yup.

MMR

Lip service. It was a non event.

Pay attention to the what the FED insiders say. They get the info weeks before it is released.

PIMPCO and GOLDMAN SUCKS