GREY:NWMMF - Post by User
Comment by
jdeeron Feb 27, 2011 12:12pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
410 Views
Post# 18201226
RE: "link" - next week gold?
RE: "link" - next week gold?one more directly related to the last...
https://www.munknee.com/2011/02/coming-dollar-crisis-lower-stock-prices-much-higher-gold-prices/
note that last part of the write-up...
Gold needed less than a month to recover most of the $120 drop out of its December high… and the dollar hasn’t even broken its trend line yet… Gold rallies tend to accelerate during each of the daily cycles contained within a larger-degree rally. Furthermore, gold and silver markets are quite thin compared to, say, the Treasury market, which usually receives the bulk of safety-seeking capital. Treasuries can easily absorb such inflows, but with the dollar taboo, Treasuries will be panned as well. Cash is headed toward real money, and there is no way precious metals will absorb a panic-level volume of capital without a massive price adjustment.
Conclusion
The stage is set for the largest precious metals rally of the bull market.
GLTA - physical holders AND those in the mining-stocks!
gonna get interesting ; )