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To: Sonny M

For what it's worth, I think the present up leg has a few more weeks to go, and gold will probably reach around 530 before it corrects. It's almost certain to correct around the beginning of next year. But nothing is completely certain, or we'd all be rich.

I put in a mild plug for gold here a couple of weeks ago, when it looked like another upleg was starting, but it's not quite as good an opportunity now. Still, I think I'm not going to lighten up for another three or four weeks, maybe.

The MSM is only just beginning to mention the subject. There have only been a very few articles, even though passing 500 was a significant milestone. You'll know it's time to sell completely when CNN is urging you to buy.


3 posted on 12/06/2005 7:07:37 PM PST by Cicero (Marcus Tullius)
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To: Cicero

LOL! And when will we start seeing posts about the "gold bubble" bursting?


5 posted on 12/06/2005 7:10:23 PM PST by dawn53
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To: Cicero

Joe Kennedy is said to have sold all of his stock just before the depression after getting some stock tips from a shoe shine...


6 posted on 12/06/2005 7:14:31 PM PST by IncPen (Because it's not your money, Senator Kennedy. It's mine, and I'd like to keep it)
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