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TFC Commodity Trading Forum

Re: Gold – A Timely Lift / Trades

Good points about Gold sites in general. This latest article from Hoye with Ross Clark's chartwork is just indicating their short term expectations for bullion going into the early New Year timeframe. The presentation of it wasn't edited in any way from its original form on the Gold site I poached it from.

But I agree with you (and Clark) that after any near term bounce/move up, one cannot rule out a more substantial and serious decline for Gold and the sector. Funny thing about your point on Gold sites is that this 321Gold spot actually had a couple of bearish articles on Gold in the last few weeks, and the authors in both cases indicated how much flak and negative feedback they received from the gold bug camp for their views...guess it just doesn't pay to offer up objective analysis, like you said, lol...these guys were also amused at the fact that they have been more bullish than not over bullion's long run, so it wasn't like they were simply trying to trash the bug's dreams, lol...just objective analysis which ANY true trader/investor should appreciate.

Best regards to you and yours for the Holidays Trades :)