Recently big money is in Industrials.... As @Mossberg said, every Small Cap thread is littered with accusations of capping etc... This is a gold play. If Dow, FTSE etc... keep suffering (today start of a bubble deflation?) money will move back into gold, regardless of the upside for our reserves and coming DFS.
I thnik worrying and commenting on "manipulation", which may not be the spook I believe it is, is irrelevant regardless. To anyone but traders that is.
Gold price and our reserves will determine the price here, with some allowance for sovereign risk. doesn't matter one iota if I'm wrong and these capping etc... accusations are real, the value is measurable in teh Anns and finds ... so if "you" believe there is capping, provide evidence and volumes and demonstrate why it's just not money movement in general.
I'd hate these threads to become paranoid, and rampy and all that BS. Someone reported Mossberg's last post,which I thought was quite a reasonable post, so relax guys. Invest or don't.
If "you" see somewhere that we who are bullish are wrong, feel free to share your reasons, I'd love to hear them and make up my own mind.
WAF Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
