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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > After hearing Bernanke this morning...
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Post by tony1969 on Feb 26, 2013 11:33am

After hearing Bernanke this morning...

he did not sound too optimistic about anything really.  They are going to keep the pedal down for the forseeable future and unwinding all of this cr ap will not be easy in the future.  In my opinion we are slowly going to go back to the "risk off" trade where we should have been a long time ago.  Conservative assets such as gold will outperform.  The metal looks good today.
Comment by arlene2 on Feb 26, 2013 12:51pm
Tony------Yes , gold looks good today.......Especially when both dollar increases in value and crude oil decreases as they did today ,both of which are bearish for gold..Price of gold going up not really a surprise based on Bernanke testimony......He plans to "stay the course" on the current $85 billion per month stimulus....Also I would not be surprised if  , as G1 previously ...more  
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