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June 6th, 2007

The Gold Community: Battle Tested and War Weary

The grueling push towards $700 GoldOne of the most famous lines from Clint Eastwood’s Dirty Harry, is “do you feel lucky, punk—well do you?” I believe he had just pulled out a .357 magnum and the “punk” just wasn’t feeling all that lucky.

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The Gold Community: Battle Tested and War Weary

The grueling push towards $700 Gold

One of the most famous lines from Clint Eastwood’s Dirty Harry, is “do you feel lucky, punk—well do you?” I believe he had just pulled out a .357 magnum and the “punk” just wasn’t feeling all that lucky.

The gold and precious metals markets are making investors in those markets feel just as “unlucky”. The participants coming from the long side are also suffering battle fatigue and yes, they are weary. The gold cartel has been pulling out its own version of the .357 magnum and quite a few gold investors are running for the hills. read more