Gold and Silver...just a bounce in a Bear Market so far

Discussion in 'Commodity Futures' started by iraepstein, May 18, 2007.

Did you find this artilce helpful

Poll closed May 21, 2007.
  1. Yes

    5 vote(s)
    71.4%
  2. No

    2 vote(s)
    28.6%
  3. Too technical

    0 vote(s)
    0.0%
  4. Just what you needed

    0 vote(s)
    0.0%
  1. It all depends on liquidity. I think they will keep liquidity up to prevent a recession, and that would be good for gold. If the dollar scares get bad enough, I guess they will need to slam gold again, otherwise people might get the idea gold is safer than cash, but I don't see that happening till it gets up near $700 again.
     
    #11     Jun 3, 2007
  2. Look at the gold/oil ratio, it is very low compared to historical trends. Long gold, short oil is the trade if you want to play it.
     
    #12     Jun 3, 2007