Zeev's Turnips Patch-No Politics (ZEEV)

[ranch hand]

Mlsoft re:gold

Although I like gold and your gold miners, I am waiting till around 310 gold and 100 HUI before I jump back in. Even then, I will take a close look at the economic environment before I go for a ride. If, while I am waiting, gold hits a new high, it means something has gone terribly wrong and I may jump in then also. Also let me add, according to the final flush history of the DOW back in 1932, EVERYTHING got flushed. Equities, bonds, commodities, and GOLD. Nothing was spared when the market did the final swan dive. I do not beleive that gold stocks will be going up while the market is moving to its final lows. As best I can evaluate, we are in the final swan dive period now. That is why I wait. File this in the FWIW drawer.
Good luck.

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