HGD.TO Weekly

The bear case in gold is becoming more active. At one point during the major price correction in gold during 2008, the price of the bear gold ETF traded as high as $450.-

I suppose people would be looking at the high price and hoping that their decision was for the best and that they can obtain a 40X return. But this would require the gold price to collapse below $1000.-

ETFs have become the means to invest in a sector, but one as heavily laden with derivatives speculation as short of gold derivatives has to be a gamble, since a bad interest rate bet in the treasuries market could theoretically wipe out your ETF holdings.

It simply HAS TO be a wrong way bet.

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stockcharts.com

Groundhog Day

Along with the rise in bond prices this week, we are seeing another dip in the GBN.V share price.

Article by Warren Bevan

http://www.gold-eagle.com/editorials_12/bevan040812.html

Quantitative Easing

What if the Federal Reserve was involved in something more than just QE. What if there were a plan to corner the gold market by the Federal Reserve. And that all of the idle speculations on China gold purchases cornering the market are wrong.

-F6