Re: Rumors of a world wide stockmarket and banking holiday..

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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

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Re: Rumors of a world wide stockmarket and banking holiday..

posted on Oct 11, 2008 06:15AM

"The gold price is trading excessively rich if it is not accompanied by substantial weakening of the US dollar from here. The current level of the euro (is) implying a gold price closer to $US760.''

One very respected gold analyst was saying gold will bottom in April 2009 (according to the technicals) at around the 720 level and then take off. I'd rather ignore that line of thinking and get my seat at the table now just so I'm sitting whenever it does take off. I believe it will be sooner rather than later.

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