Dow up nicely at the open; gold down 3% (ouch!)

[blahblahblah]

I see your point alarmclock, this could be the beginning of a bubble. Many of us saw evidence of a housing bubble here in SD back in 2002-2003. Of course it ran for a couple of years after that and is only now beginning to deflate. If gold is getting bubbly I think we are closer to the beginning than the end. This is NOT FINANCIAL ADVICE of course!

[Omega Point]

IMO, gold and oil are declining because the general feeling is the Fed has put out the fires, at least in the short-term. Because of this, people are moving out of gold and oil and back into the stock market. Once this perception passes and people realize that the financial crisis is not past us, gold and oil will move back up.

[Omega Point]

IMO, gold and oil are declining because the general feeling is the Fed has put out the fires, at least in the short-term. Because of this, people are moving out of gold and oil and back into the stock market. Once this perception passes and people realize that the financial crisis is not past us, gold and oil will move back up.

[Omega Point]

IMO, gold and oil are declining because the general feeling is the Fed has put out the fires, at least in the short-term. Because of this, people are moving out of gold and oil and back into the stock market. Once this perception passes and people realize that the financial crisis is not past us, gold and oil will move back up.

[Omega Point]

IMO, gold and oil are declining because the general feeling is the Fed has put out the fires, at least in the short-term. Because of this, people are moving out of gold and oil and back into the stock market. Once this perception passes and people realize that the financial crisis is not past us, gold and oil will move back up.

[Omega Point]

IMO, gold and oil are declining because the general feeling is the Fed has put out the fires, at least in the short-term. Because of this, people are moving out of gold and oil and back into the stock market. Once this perception passes and people realize that the financial crisis is not past us, gold and oil will move back up.

[Arraya]

Keep piling into gold when it’s near an all-time high and shorting the market as it bounces off the bottom, piggs.

Its not nearly at an all time high, inflation adjusted it was close to $2000 before.

Oil on the other hand did surpass it’s all time high, but there is supply side justification for that.

[Arraya]

Keep piling into gold when it’s near an all-time high and shorting the market as it bounces off the bottom, piggs.

Its not nearly at an all time high, inflation adjusted it was close to $2000 before.

Oil on the other hand did surpass it’s all time high, but there is supply side justification for that.

[Arraya]

Keep piling into gold when it’s near an all-time high and shorting the market as it bounces off the bottom, piggs.

Its not nearly at an all time high, inflation adjusted it was close to $2000 before.

Oil on the other hand did surpass it’s all time high, but there is supply side justification for that.

[Arraya]

Keep piling into gold when it’s near an all-time high and shorting the market as it bounces off the bottom, piggs.

Its not nearly at an all time high, inflation adjusted it was close to $2000 before.

Oil on the other hand did surpass it’s all time high, but there is supply side justification for that.

[Arraya]

Keep piling into gold when it’s near an all-time high and shorting the market as it bounces off the bottom, piggs.

Its not nearly at an all time high, inflation adjusted it was close to $2000 before.

Oil on the other hand did surpass it’s all time high, but there is supply side justification for that.

[Eugene]

Gold is declining because it is overbought. It is overbought because people were afraid that the Fed would run printing presses at full power (figuratively speaking), devaluing the dollar. It wouldn’t be anywhere near $1000 if not for “investors”. Natural supply-demand equilibrium price (without the likes of GLD adding 200 tons of gold to their vaults every year) is most likely below $750.

75 bp cut and wording of the recent meeting press release change these expectations.

BTW did you see what’s happening to agricultural commodities? DBA and RJA are down 15% in a week.

[Eugene]

Gold is declining because it is overbought. It is overbought because people were afraid that the Fed would run printing presses at full power (figuratively speaking), devaluing the dollar. It wouldn’t be anywhere near $1000 if not for “investors”. Natural supply-demand equilibrium price (without the likes of GLD adding 200 tons of gold to their vaults every year) is most likely below $750.

75 bp cut and wording of the recent meeting press release change these expectations.

BTW did you see what’s happening to agricultural commodities? DBA and RJA are down 15% in a week.

[Eugene]

Gold is declining because it is overbought. It is overbought because people were afraid that the Fed would run printing presses at full power (figuratively speaking), devaluing the dollar. It wouldn’t be anywhere near $1000 if not for “investors”. Natural supply-demand equilibrium price (without the likes of GLD adding 200 tons of gold to their vaults every year) is most likely below $750.

75 bp cut and wording of the recent meeting press release change these expectations.

BTW did you see what’s happening to agricultural commodities? DBA and RJA are down 15% in a week.

[Eugene]

Gold is declining because it is overbought. It is overbought because people were afraid that the Fed would run printing presses at full power (figuratively speaking), devaluing the dollar. It wouldn’t be anywhere near $1000 if not for “investors”. Natural supply-demand equilibrium price (without the likes of GLD adding 200 tons of gold to their vaults every year) is most likely below $750.

75 bp cut and wording of the recent meeting press release change these expectations.

BTW did you see what’s happening to agricultural commodities? DBA and RJA are down 15% in a week.

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