Re: Financing
in response to
by
posted on
May 30, 2008 11:34AM
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IMO I think the creamy filling will happen. Crude should correct to $100 - $115 maybe in an extreme case $85. This will push the DOW much much higher and pull the gold stocks along with them. In this scenario, what Gold itself does is not so important as long as it remains range bound between ($820 - $960)... The big question is how long does Crude stay corrected? It would make sense until after the elections... The other big question out there is how much longer before we have more bank blow ups... That too may hold off until 4th quarter.. Exactly why we won't see any rate hikes this year..