New posts

Reply to thread

Message

I read an interesting article over the weekend about the taper being bullish for gold.
The theory was: The US is starting to taper due to the economy picking up.
If the economy is picking up there is growth. If the growth gets a bit too strong it may give rise to inflation.
With all that extra money sloshing around from the Bernanke this could make (unpredictable?) inflation the next issue which would be very bullish for gold. Support for the argument was given with some charts of money volume and the gold price/volume. It appears that gold volume has massively increased over the past 6-12 months.
Whether it has been smart money buying the gold - who knows.

If this theory proves accurate then now, when all the great producers are about 1/5th their previous prices would be the time to get in.
So if you have goldies that are worth following, please post them so that we can have a bit of a look and look for the signs of a return of buying by some of the insto's.

It will be seen by volume and rallies back to previous support levels with little wavering.

NST
RED
BDR
PVM
?
?

<blockquote data-quote="mr. jeff" data-source="post: 807295" data-attributes="member: 32286">I read an interesting article over the weekend about the taper being bullish for gold. The theory was: The US is starting to taper due to the economy picking up. If the economy is picking up there is growth. If the growth gets a bit too strong it may give rise to inflation. With all that extra money sloshing around from the Bernanke this could make (unpredictable?) inflation the next issue which would be very bullish for gold. Support for the argument was given with some charts of money volume and the gold price/volume. It appears that gold volume has massively increased over the past 6-12 months. Whether it has been smart money buying the gold - who knows.If this theory proves accurate then now, when all the great producers are about 1/5th their previous prices would be the time to get in. So if you have goldies that are worth following, please post them so that we can have a bit of a look and look for the signs of a return of buying by some of the insto&#039;s. It will be seen by volume and rallies back to previous support levels with little wavering.NSTREDBDRPVM??</blockquote>

[QUOTE="mr. jeff, post: 807295, member: 32286"] I read an interesting article over the weekend about the taper being bullish for gold. The theory was: The US is starting to taper due to the economy picking up. If the economy is picking up there is growth. If the growth gets a bit too strong it may give rise to inflation. With all that extra money sloshing around from the Bernanke this could make (unpredictable?) inflation the next issue which would be very bullish for gold. Support for the argument was given with some charts of money volume and the gold price/volume. It appears that gold volume has massively increased over the past 6-12 months. Whether it has been smart money buying the gold - who knows. If this theory proves accurate then now, when all the great producers are about 1/5th their previous prices would be the time to get in. So if you have goldies that are worth following, please post them so that we can have a bit of a look and look for the signs of a return of buying by some of the insto's. It will be seen by volume and rallies back to previous support levels with little wavering. NST RED BDR PVM ? ? [/QUOTE]

Verification