Tuesday, July 20, 2010

Mailbox

Hi Eric, I believe that, its just that with the recent attacks its hard to believe that Gold can climb 475 points in 6 months.

This experience can become very unnerving.

Again I appreciate your response and excuse my ignorance in this matter.

Aurelio

Exact timing matters only to leveraged option traders. Do not underestimate gold to the upside- ever. It can and will do more than you expect. $1650 on January 2011 remains within reach, but that price target and date will matter little when gold pushes beyond $2000.

What should unnerve all investors are the decisions being made to protect an ailing financial system. But, that my friend, matters little today. So the sheep sleep determined to awaken only minutes before before the slaughter.

Eric

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