Comments on: Go For Gold

By: HalP

HalP — Thu, 11 Sep 2008 16:37:57 +0000

Hi Stephen,

Thanks for the reply. I’ll check out Nick’s analysis. I really appreciate the info.

Have a great day,
Hal

By: Stephen Oakes

Stephen Oakes — Thu, 11 Sep 2008 15:45:15 +0000

Hi HalP,

Thank you for the kind comments. Nick Jones is one of our top analysts here — really has a handle on the precious metals/commodities arena. We look forward to hearing for you again in the near future. Also, if you want to read more of Nick’s analysis go to http://www.oxburyresearch.com and sign up to the Bourbon & Bayonets free e-letter.

Take care,
Stephen

By: HalP

HalP — Thu, 11 Sep 2008 15:38:50 +0000

Hi, just found your blog post after doing a search on trying to figure out why the precious metals are taking such a huge dive. I was looking at the yearly charts in the free ExactPrice widget (www.learcapital.com/exactprice) from Lear and noticed that over the year that gold and platinum have lost most of what they’ve gained in the last several months. Silver is actually below where it was a year ago.

I’m no big investor and more a tech head and free lance writer but with the credit crisis I’ve been trying to figure out where the better investments are and I thought that gold and silver would be a good call because I figured with tall the credit woes the dollar would get pretty weak and that gold would rise. So I’m been a bit confused by how the markets have been reacting. I see your saying that this merely a correction and I’ve read that other places. And your bucket analogy makes it a bit more concrete for me, but that fed process can’t last. The final shoe’s got to fall.

Well, anyway, thanks for the info, I like your site and will continue to fall it as I grabbed your feed.