Sunday, October 19, 2008

Gold Monthly


Gold is highly speculative and volatile market, as commented since the beginning of 2008, the market has topped around 1000 +/-. While Gold is continuing to fall during the recent months, we still have extremely speculative projections on Gold. No only we still have extreme speculations as was during the last several months, we have other conspiracy theories concerning Gold, e.g. Ron Paul comments which I disagree as markets are driven by big funds causing inequity of wealth distribution and instability of economy. Therefore, the problems are due to those who abuse the system, not system itself as any system can be extremely manipulated when we have corrupted people.

Gold monthly formed downtrend; however, the market is very volatile which can change very quickly with highly manipulated large funds.

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