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Old 03-04-2007, 06:07 PM
Downthestretch55 Downthestretch55 is offline
Hialeah Park
 
Join Date: May 2006
Location: Stamford, NY
Posts: 4,618
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Quote:
Originally Posted by randallscott35
I'll say it again. Gold will be 750 dollars before the end of the year, maybe 800. This is defense time, not offense.
Randallscott,
I only follow gold and other metals regarding oil futures.
To me, the yen-dollar exchange rate seems to be a better indicator.
To each their own.
Seems that lots of investors are going to the bond market and waiting for things to settle. This week should be choppy. One report I heard said it could take six months for things to stabilize.
I'm not "doom and gloom" at this point, just cautious. I'm watching as of now.
Some bargains are there, as prices got dragged down along with others that
really needed correction.
btw...the links I post are just for information purposes. I'm not looking to debate, just to bring views to assist understanding.
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