POG comment from USA Fund

  1. 404 Posts.
    Received this email from owner of American Gold Exchange yesterday. It's in response to one I sent, pointing out that a day was a long time in the markets, after they sent me one saying "stocks down gold up".

    "Hi Mal,
    Things are volatile indeed. Gold remains up for the year, unlike most things
    of course. It still is having trouble getting going, but the pros in the
    gold pits love to spank the fund managers whenever possible. This looks like
    a classic long shakout to me. We should consolidate and push higher again. I
    think most of the damage is done now."
    *****************************************
    Dana Samuelson
    Owner
    American Gold Exchange, Inc.

    Your Reliable Hard Asset Advisor
    1-800-613-9323 Toll Free
    1-512-323-0194 Fax
    www.amergold.com
 
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