selloff overdone
gold at 1160 is down only 40 dollars from the 1200 mark and is totally blown out of perspective. There are way too many gold bugs throwing in the towell and leaving with big losses , condolenses to them , but those who are willing to weather the storm and pick up cheap shares will be the benefactors in the end , . There is a lot of emotional selling going on with gold being down 40 dollars only you would think . Lets see if the DOW drops another 350 points today as the dollar nears 1 dollar that many think will be the end of it i am guessing euro and dollar at par. Soon as official bottom kicks in its to the moon alice. jmo