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Yamana Gold, Inc. Message Board

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  • crazy1090631 crazy1090631 Feb 8, 2009 9:22 AM Flag

    What will Gold do..in reaction to bail out plan...

    Short term or long term? with the paper Comex market, nobody knows how it will react on a daily basis. The comex is pretty much a rigged market (imho) and the prices are based upon the commercial paper shorts who are playing black boxes. Right now they have beefed up their short positions.

    As far as long term, we are staring at some typer of eimar Republic inflation. I would be surprised if gold did not hit $5000 per ounce within 48 months.

    I started buying when gol was $280 per ounce and nohting has changed my mind. Pf course, I could be crazy so do your own DILIGENCE>

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