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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold’s devilish advocate

Posted on 27 February 2009

From Hardassetsinvestor.com: No matter what side you line up on, you can’t have ignored the $300 rally in gold prices since late October. For the February COMEX contract, that amounts to a 46% increase; pretty much a replay of the run-up that ended last March. That should prompt you to wonder about the odds of gold topping out again.

No doubt, the answer to that depends upon your gold Weltanschauung. But let’s play devil’s advocate for the moment. What factors argue for a gold sell-off? Or, at least, for keeping a lid on the metal’s ascendance?…. Full Article: Source


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This post was written by:

VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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