GREY:KXLAF - Post by User
Comment by
4_nolanon Aug 25, 2012 4:53pm
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Post# 20260603
RE: More Bullish Evidence for Gold...
RE: More Bullish Evidence for Gold... I agree with a few points, but to push the spot price north will require a large catalyst and volume and you yourself said 93 % of gold traders were already positive, so where is this push coming from the remaining 7 % negative/undecided won't do it, so it will have to be from new money outside of the gold arena, an increase in weightings/leverage or increased Government stock piling. Basically fear and panic will do it and we all know there are enough horror shows in this film fest.
Good Luck