Re: Taking Another Page Off The Calendar Hasn't Seemed To Help The SP

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Zooloo

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Re: Taking Another Page Off The Calendar Hasn't Seemed To Help The SP

posted on Sep 02, 2008 06:28AM

Fears of Gustav subside - therefore oil is down $8 per barrel - therefore gold is down $35. per ounce- many people still on Labour day weekend - therefore trading is very light - therefore commodity stocks are down - seasonal turn to upside in the price of gold/other commodities is still on track - steady stream of news in the fall from the Ring of Fire is still on track - therefore rise in the price of gold/commodity stocks is still on track.

My only caveat to the above is that gold and oil may be manipulated down to put a better face on things before the U.S. elections. If so I would expect the rise in gold and commodity prices to be more explosive after the election.