Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Sketch...Gold and $US as per Armstrong

Re: Sketch...Gold and $US as per Armstrong

posted on May 31, 2009 08:24AM

"If gold breaks through the $1033 level, then we could see a high form as early as September '09, with a retest of support in 2010. Then the correlation between the DOW and gold could reverse, whereby BOTH begin to rise against the instability of gov't finances....the "Trickle up" economics of Karl Marx spreading poverty around equally rather than the free market [that cannot be defeated in the end]."

BP. I wouldn't be to happy about this. It probably means that we will be facing high inflation, so it is only normal that the DOW is rising in nominal terms, but going down in real terms.

Share
New Message
Please login to post a reply