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Ace Hanlon

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Ace Hanlon

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Re: chainik post# 323

Monday, 12/11/2006 2:24:50 PM

Monday, December 11, 2006 2:24:50 PM

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The gold stocks continue to act much better than gold. This is very bullish.

On the other hand gold bullion continues to trade poorly versus the dollar. Goes down much more when the buck rallies than it goes up when the dollar drops. This is quite bearish in my view.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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