ORIONS Money Stocks

[matt24d]

Exactly what I have been saying. The safe haven play is gone out of the metals. Almost every single event that should of caused the huge rush to gold the last year or more has done nothing for the metal. In fact all its done is trend lower. I mean the Gov shuts down and Gold sits there. Back in 2008-09 if there was even talk of a Gov shut down the metal would of been up $100-150 an ounce in flash due to speculation. I am starting to think that the big moves we saw in the metal were 80% specualtion. I saw people talking about the speculation play and from the looks of it that is exactly what it was. Does it have a value of course it does but I think the big money that moved gold is gone. Will they return down the road? WHO knows!! But I think gold needs to find a place that attracts buyers and this level is not it IMO.