Re: finally gold getting some respect
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markets hammered again and gold is green, up over 1%.
i think the divergence between the general market and gold will be here soon. Gold going to $2000/ounce. Gold stocks are going to go bonkers. For those in it, I hope you enjoy the ride. I know I will.
I also stated at beginning of year that if gold doesn't outperform the general market, I would quit posting here. 5 more months to go. See you at gold 800.
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- what has caused the demand for gold in this market?
- what will cause that demand to increase many times over to cause gold to go to 2k?
- what will happen when the US recovers and dollar becomes relatively more attractive again?
- will gold still be highly demanded when the US recovers? why?
- what are the major demand factors you see for gold in the near term(months) and long term (many years)?
Barron
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