3.25, page-2

Here it is GOLD is over 1000 sooner than I thought, LGL will hit 3.25 soon and if GOLD stay over 1000 longer then big party will really start with LGL 3.30....3.40....3.50
hmmmm even more.....some analyst of stock market believe GOLD will become much stronger as people fear the rally in stock market is not sustainable so they buy GOLD hmmmm these some analysts seem to have a very short memory of what happened a few months back when stocks collapsed and GOLD actually came down.....hell...I remember well as I was holding and accumulating GOLD stocks only to see not only they came down like the rest but GOLD was being sold down too as funds needed cash and GOLD was the best assest to raise cash quickly....so folks...don't listen to these experts as I am sure they will be wrong again????
If DOW was to collapse again which I believe as highly unlikely GOLD would be the first to go down as people needed to raise cash again to meet MARGIN...yes sir nothing has changed!!! we need to be cautious as big profit taking is posssible still in NEW YORK.
The only REAL reason that GOLD will go over 1000 and beyond and stay there is a MONSTER INFLATION....now we are talking....not because people fear the rally in the market can't last c'mmon experts history will and always repeat..
So I have doubled up my position in LGL 3.07 resistance has been broken and it looks they will head toward 3.25 and beyond...provided GOLD stays above or around 1000
but I like to take some profit as well at certain point, remember don't fall in love with any stocks??? greed will cloud your judgement again and take the profit away...in the meantime enjoy the ride and make the best of it...

Cheers,