RE:RE:RE:Shorts Gonna Go LongWhile true that gold provides alternative to interest rates (high interests – low gold price & the opposite) I think gold has reached high enough price already for this traditional relation not to apply anymore. I’m not a banker or anything like that so chances are very good that my opinion means very little but I also find it silly when some ‘serious’ analysts were/are predicting $5000/oz year or two ago. Company like KNT that was making good money when gold was $1600/oz or so will do that much better at $2000 or so – to me that is a very healthy & stronger price that will linger at this level for a while.
So much for all those annal lysts; where are they now.
G37