InvestorsHub Logo
Followers 10
Posts 4908
Boards Moderated 0
Alias Born 01/21/2012

Re: smoothie post# 282

Tuesday, 01/24/2012 2:33:46 PM

Tuesday, January 24, 2012 2:33:46 PM

Post# of 37920
Gold has been following stocks lately and stocks are dependent on what happens in Europe. I expect more problems from Europe leading to a higher US$ and lower gold and stock prices near term. But, I'm a buyer of mining shares on gold prices below $1600. I see a global financial crisis this year with the major developed countries in the edge of the precipice (so it would not take much to push them over the edge). Japan is a fine example:
Japan's endgame nears

The developed countries (Europe, UK, US, Japan) are like a bunch of weak dominoes ready to fall once the weak link breaks.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.