OTCPK:MSSNF - Post by User
Post by
cntnboyon Aug 03, 2009 12:21am
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Post# 16186190
Gold keeps moving higher...
Gold keeps moving higher...Nice move to the upside in gold price over the last few days.
Now that the market is back in "good" psychological territory we shouldn't have too much trouble retracing on the Dow and S&P.
This will be bearish for the US dollar which will be good for gold.
The powers that be continue to short GLD and SLV options contracts to keep the price down, but they won't be able to contain it forever.
The next manic phase has been set into gear.
We will have a nice ramp up starting now thru January 2010.
At the right point in time we'll see a USD devaluation which will take gold to the next level.
Hopefully we will be done the JV, built the plant and into production by then.
That would be all the stars lining up.
Long MNR.