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Gold headed to $1,000.00. gold coin follow.
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<p>[QUOTE="Pepperoni, post: 683060, member: 5520"]<b>Nymex ,dollar ,gold futures.</b></p><p><br /></p><p>I would say that most of the above post is more then a possibility. </p><p>The nymex when last run looks like 51% are bearish on the dollar,and 61 % are bullish on gold. That is a rather large spread. Some would say it could be a reverse indicator, but, I believe that is not accurate.</p><p>The markets are in turmoil because of the proping up of the stock market and putting downward pressure on gold.</p><p>If gold breaks out it will go higher I have no idea how much higher.</p><p>The only stocks that many keep are the paper that pays larger dividends than the best CD. Even many of those have reduced dividends. A stock for all time has been CL or Colgate. If they drop their dividend you will have problems with the markets like never before.</p><p><br /></p><p>Pep[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 683060, member: 5520"][b]Nymex ,dollar ,gold futures.[/b] I would say that most of the above post is more then a possibility. The nymex when last run looks like 51% are bearish on the dollar,and 61 % are bullish on gold. That is a rather large spread. Some would say it could be a reverse indicator, but, I believe that is not accurate. The markets are in turmoil because of the proping up of the stock market and putting downward pressure on gold. If gold breaks out it will go higher I have no idea how much higher. The only stocks that many keep are the paper that pays larger dividends than the best CD. Even many of those have reduced dividends. A stock for all time has been CL or Colgate. If they drop their dividend you will have problems with the markets like never before. Pep[/QUOTE]
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Gold headed to $1,000.00. gold coin follow.
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