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Main street bullish on gold

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  • Main street bullish on gold

    Jeez,

    Main stream media are covering gold in a very bullish way

    http://articles.moneycentral.msn.com...mentid=6659530


    Nothing really new or as detailled and documented as found in itulip but it is an entertaining read from MSN money central.It also contains the typical "buy stock" instead of the "buy the asset".

    Well, old habits are hard to get rid off :rolleyes:

  • #2
    Re: Main street bullish on gold

    MSN money is main street ? .. hmmm, from what i catch in the real mainstream non-financial newspapers (not tabloid) had...

    ...the USD-Titanic at 1.5
    ...gold bars over 2 pages at 900
    ...barrels of oil at 100

    Good warnings at that time... but i also read ppl are SELLING gold to stores not buying... but then, times are rough

    At Euro 1.6 (well almost, heh), Gold 1030, Oil 110 ? No story.

    I dont expect any cover stories before (1.3, 800, 80) or (1.7, 1200, 130)

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    • #3
      Re: Main street bullish on gold

      Yep
      If am right Oil & Gold are sort of "Tired" together Price wise, today they got a shock when they found how LITTLE oil they had. Thus If il stays high i suspect GOLD will as well.

      Mike

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