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Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.
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Message: Price Of Gold

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Re: Price Of Gold

in response to Re: Price Of Gold by ChrisB
posted on Feb 06, 10 04:45PM

I think it is a hard one to call.I own EVG plus a number of other small caps & mostly invested in Kinross.You see the big shots in Gold (Embry,President of Barrick,Sprott himself plus a number of analysts )say gold is going to go higher.Then you get some of the people who think the American dollar is going to get stronger.Personally I believe the American Dollar might get stronger in the short term & gold might see a little more down side but gold I believe will over come.It is not just the American Dollar failing but all the currencies all over the world.I am struggling with the same question you are.I own some CEE shares & on the SH board there is a guy there with the name Bag of Gold.His opinion is on the CEE board(SH).He thinks gold is going to do good till near the end of February & then it could go down to 800 to 850 an ounce & then we will go for the next leg up.Looking at his Profile,it does look like he is heavily involved.He claims to get his imfo from Finacial Advisers & Technical Analysts.I sure wouldn't mind hearing other opinions on this too.I do not know who Plums is but I sure do enjoy his posts on this board.

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