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chainik

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chainik

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Re: ajtj99 post# 79570

Friday, 06/02/2006 6:39:06 PM

Friday, June 02, 2006 6:39:06 PM

Post# of 148479
I don't believe TA can predict long-term movement of gold, and I disagree with you based on fundamentals.

IMO copper, nickel, silver and everything else shiny will correct hard in the next 1-2 years; gold will be dragged down initially but eventually will start to outperform metals.

Based on the rydex PM money flow and on the general sentiment, gold is a reasonable buy now IMO.


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