Re: Gold May Soon Sky Rocket or Plunge: It's at a Critical Juncture,says Tim Woods .
posted on
Jan 11, 2009 01:23AM
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http://www.cyclesman.info/Interviews...
Tim also does interviews on his own website with a couple of technicians buddies he has, interesting enough format. I havnt listened to the current one yet. I caught the Howestreet interview. My only fault with his line of thinking is that he lumps gold together commodities. Clearly there has been a divergence between gold and commodities. His fear seems to be that a new bull market leg in gold with be because of a hyperinflation , this doesnt need to be the case.
But agree interesting time for gold, as far as I'm concerned if gold gets though Q1 and Q2 staying above $600 or so I will be very happy , if GG can have a cash cost of $300 , then the market should still be loving gold stocks