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Message: Gold Swings - downward move is temporary.

Gold Swings - downward move is temporary.

posted on Dec 07, 2009 09:39PM

I have no doubt in the world that the recent over-reaction to the U.S. unemployment data will be temporary - the price of gold will continue to rise for some time to come. Nothing is going to stop this. The world's economic dark clouds are not really disappearing & this will become even more evident over the next 3 -6 months. Wall St. will do almost anything to create these swings in an attempt to make a quick buck. The reality is that the little guy is beginning to think twice -- before it's too late. No one wants to get caught in the economic quicksand that Bernanke is creating.

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