Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: ..welcome..new..memb...

I think that we are starting to witness the 'Election Effect'

There is much anticipation that Bernanke is going to lossen the strings and a possible QE3 is on the horizon.

I for one don't believe that. Gold shorts are down again, and this will have the effect of removing any brakes that have been on gold over the last several months.

The Dec contract is moving up and so is gold for now.

I expected the US$ to be stable until at least the end of the election, which will keep gold in modest check.

Hoping that a good 3rd Q will give SGR share price a boost into the 4th Q, or I might have to look at some tax loss selling in my non-registered account.

IMO of course.

Share
New Message
Please login to post a reply