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Message: Next Leg of Gold?

Next Leg of Gold?

posted on Feb 21, 2009 05:07PM

Assuming we do a little bobbing and weaving around the $1,000 mark for a bit

Where is it jumping to next? $1200?

I'm still full on in gold until I'm convinced otherwise

Been taking some profits on producers and legging in on some select cashed up juniors for their game of catch up

Also on the back burner watching the Agriculture sector, and China

although to really get in you take a lot of U.S. exposure which I'm allergic to at the moment

I'm almost totally out of any U.S. equities

So..I'm still expecting Newton's law to apply to the US dollar

and gold to react accordingly

I'm thinking...we ain't seen nothin yet.

Can we put together some decent gold juniors to get into as a board?

K.WT.C still my largest gold holding followed by DMM and US Gold

Just for fun here's some stats since mid Nov

TSX down 17.2%

OIL down 34.7%

Gold up 36.5%

K up 57.3%

K.WT.C up 131.7%

GLTA

safeharbour

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