John Chang
Jedi
Gold is getting just a little bit overbought. I've been wondering when a significant correction would kick in. We're approaching the slowest months for the yearly gold cycle (June to August). I dunno, like the stock bull before it, it'll go as far as it wants to, before correcting.
If Iran really is going to be invaded, I don't think gold has fully discounted that. I'd think $1200 would be the "appropriate" discount.
If Iran really is going to be invaded, I don't think gold has fully discounted that. I'd think $1200 would be the "appropriate" discount.