Gold Bugs Index HUI

[Wizard]

Looks like it's creating the shoulder of the inverted H&S. When the next move up will start is another story...Middle of October?? Will see...

[scandal]

well with the bail out plan approved hopefully we might see a weaker dollar which should bode well for resource prices. Lets see what happens on Monday when the Americans finalize the language in the bail out bill...

[Running_bull]

Im still in a buying mood, seen this before... will wait out this week but anything under zar 4 is a buy for me...

[#4]

gold will be $1200 at the LEAST before 2008 is out. Why??...simple....zero counterparty risk which is the basis of this entire credit crises, not to mention overworking printing presses.

[Wizard]

Things are looking good now as u can see the dollar is strong and Gold doesn't sell off together with the other financial instruments. The next wave of buying has probably begun. This major Bull Run will surprise even the Gold Bugs! Remember>>> History shows that DOW:GOLD ratio reaches anything between 2:1 to 1:1

[#6]

It's been a while since I've seen one of John's "Gold sucks" postings. John? John?

[Running_bull]

Gold up nicely again, not to say it wasnt expected...