Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Excerpt from Mr. Sinclair's Blog today...

Excerpt from Mr. Sinclair's Blog today...

posted on Dec 19, 2007 05:27PM

"...Are you being fooled by year-end profit taking by those long gold and short the dollar in order for fund managers to take big money home?

Those that call for a higher dollar give no technical or fundamental reason. When asked why all they can say is because it is down. When the dollar rally ends, which it will, gold will move above $850 on its way to $1050 and $1650.

Have you protected yourself, as previous examples given today are taking shape?"

Share
New Message
Please login to post a reply