Tuesday, June 21, 2011

Yahoo Breakout: Gold is Forever: Purves

  1. Michael Purves guest, why gold
  2. don't sell it, interesting trade, really clear buy and hold in a trader's market why?
  3. dollar in debasement in the last decade, gold moves in multi decade trends
  4. transitions; Greece headlines tend to favor dollar, risk dominates, gold is a form of money
  5. copper is heading lower, economic growth slumping, how does copper hold up?
  6. when trading copper, trading China.  Not much copper left, and China consumes both
  7. leads way down and way back up when economy recovers
  8. how to play copper besides futures?  Freeport Macmoran, virtual copper etf

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