Stocks, Forex and Gold

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Gold still bullish

 

 

Gold has been weakening on lower volume in the past week. So even though the decline recently is probably just a pull back.

The only concern I have is, the upside volume has not been explosive as in 2008.

Jim Rogers has recently but also in the past said that he is a buyer of gold and he buys gold everytime whether it falls down or rises.

The fundamentals of the US economy is weak, the worlds currencies are all being debased which should all be bullish to gold.

 

Click on image below to Zoomgoldmarch6

March 6, 2009 Posted by gloomdoom | Gold | | No Comments Yet