January 23, 2009 –
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RELATED TICKERS: DGP
, GLL
, GLD
today's close
gll 17.94 -1,77 (-9%)
dgp 19.10 +1.74 (+10%)
...as predicted
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=131246&t=01008034722871917551
...we crossed in the mid-18s an hour or so into the trading day..we are now on the next leg up of the continuing bullish cycle...look to eclipse $900 and continue possibly after some normal technical consolidation...we may arrive at $1000 sooner than expected
January 16, 2009 –
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RELATED TICKERS: GLD
, DGP
, GLL
We will not, imo, see a retest or anywhere near the 700 bottom put in. I've stayed up most of the last three nights, watching the Dollar wane. Recently, we had the Dollar rise vs. other currencies save the Yen, due to carry trade factors, but we even see that disappating now. POINT IS, with the globe having the running gooze over banks everywhere, this deflation thing is going to BYPASS GOLD and the FRIGHT FLIGHT will eschew the Dollar imo and we will see CONTINUED GOLD SPOT APPRECIATION. [more]