Karora Resources Inc T.KRR

Interesting - gold down this am and gold stocks up

[cleareye]

In general, gold stocks are up this morning and gold is trending downwards.

Anyone have any ideas as to why this is happening?

Just a general market trend? Are investors becoming uneasy with the new heights of the NASDAQ and S&P and just are backing out of some stocks with huge gains and getting into gold?

Or, is it just a trap of some sort?


cleareye.

[Skylar1]

Gold companies should show some good earnings coming up so there's that and gold itself is bullish with interest rates about to go down .  

[Rainman01]

Have heard there could be more financial troubles for banks in the near future if the rates are not cut and even if they are there is no guarantee that the damage is not already done. Gold has stayed above 2000 mark with all time record buying going on and the earnings reports will soon tell the tale for gold producers. We have been beaten down way below respectable price and the market knows that