PINL:VLTAF - Post by User
Comment by
ALLEN4on Jan 25, 2013 5:39am
131 Views
Post# 20888502
RE: RE: RE: RE: A PLAINTIVE CRY IN THE WIND
RE: RE: RE: RE: A PLAINTIVE CRY IN THE WIND Curvature, I thought it was a given that a strong Chinese economy has been a strong driver in the upward price of gold. The 'insurance for a bad economy' may be a theme for you and others, but I doubt that it is significant enough to knock POG down to 1200 if we lost it. So many other reasons that people are driving up POG. The economy may or may not be recovering, but currencies are in trouble, and in a full blown currency crisis gold will have a significant role. But as I said in the post you respond to, I am simply looking at the chart and it looks strong to me.