First to 1000 - Gold or GOOG?

Presto · Nov 6, 2007

Gold sitting at 833

GOOG closed at 741

Clearly Gold has the advantage, but I think GOOG has momentum.

Almost certain we will see $100 oil before either hits 900.

TheFalls · Nov 6, 2007

Saw this question on fast money i think...on in the background at the gym...

This is tricky.

I hope gold, but think goog. There hasn't been a significant pull back in gold in a while.

But word on the street is that gold smells war....and if that turns out to be the case..Gold wins. Gold wins.

Peebs · Nov 7, 2007

My vote is for GOLD :toast:

hellah10 · Nov 7, 2007

TheFalls · Nov 12, 2007

you knew this gold b.s pullback/sell off was coming. after over a month of almost linear upward movement, the cartel had to step in and stop the silly rally. down $33 on the day as I type.

Dawoofdaddy · Nov 12, 2007

google down more than $30 today also.

gold falling today sucks, but agree it was overdue and especially when everyone here at rx started posting again about it.

TheFalls · Feb 5, 2008

gold and goog have gone way different ways since this post. Google under 500 and gold was in the 920s.

The $1000 mark is a psychological turning point for gold..it is going to be a struggle to get over that hump, but if it ever does...it should continue on the up and up. Down days in the mkt kill gold 3 out of every 4 times...and down days are regular now.