ZLATO – predpoklad dosiahnutia $1650

Avšak najsamprv bude potrebné prekonať akúsi rezistenciu pri úrovni $1024 - $1050.

Since this is a meltdown of $20 trillion in credit and default derivatives, do not for a moment think holders of the remaining $550 trillion plus in OTC derivatives are not shaking in their boots as they continue to try and value this worthless garbage via computer models.


$1000 does not have long legs. It will assuredly be taken out, after which $1024 to $1050 becomes another temporary challenge.


US dollar will find 5200 on the USDX.


Gold will not come down as it did in 1980 but this time trade around a fulcrum price because of the Federal Reserve Gold Certificate Ratio, modernized and revitalized.


This is not convertibility. This is not an automatic control of interest rates. This is not a gold backed dollar. It is connected to a measure of liquidity.


Precious metals shares of all kinds and varieties will perform in this generational bull market in excess of gold regardless of naked short sales, hedge funds and over trading by the gold community. The latter is the major reason why holders are frustrated.


Zdroj: CommodityOnline.com

18.03.2008

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan