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Ace Hanlon

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Ace Hanlon

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Re: chainik post# 71757

Tuesday, 02/07/2006 6:08:05 PM

Tuesday, February 07, 2006 6:08:05 PM

Post# of 148479
Yes barring a left field event gold has almost certainly peaked for awhile.

A drop to $520 or so looks like a good bet before long.

I did go short the RUT yesterday. But not enough to offset the hit in GLD.

“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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