(TOPs) Thoughts, Observations, & Postings by LightnRod1

Economic and Financial Thoughts and Comments

Wednesday, June 3, 2009

Bullish Expectations Don't Bode Well for Gold

From the WSJ / Barron's.... timing is important

The buzz that that bullion will climb above $1000 an ounce could very well doom its chances. There 's talk that the price of gold bullion will once again get back to trading above the $1,000 level, where it has been three times before over the last 18 months.

Furthermore, bullishness among gold timers is also back to where it stood on those three prior occasions.

LightnRod1 at 2:04 PM
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