re: Your post from Gold Eagle - Great Bull Market for gold.
Despite how I wish I could feel at this point, I unlike many, am not ready (or is it a fact based "able"?) to yet call a beginning of this "Gold Bull Market". I will though agree the bear market in gold has ended for all time! Even though the many detractors of myself & GATA have disagreed, most have had their minds changed and most (here at the very least) now agree there has been far more happening in gold pricing, than "natural market forces"!
* There has been manipulation of gold price.
* The SEC & CFTC regulators appointed by this administration failed to see any of it until pressure was brought to bear by pro gold forces(GATA, Gold Eagle, FAME, & others)
* If any are interested, with-in the greater macro bear gold market there have been repeated micro Bull moves!:
31-Jan-86 350.50
07-Feb-86 337.20
25-Jul-86 349.40
01-Aug-86 361.00
08-Aug-86 368.80
15-Aug-86 385.10
22-Aug-86 386.25
29-Aug-86 384.70
05-Sep-86 420.80
03-Oct-86 436.00
21-Nov-86 388.20
22-Dec-89 413.00
02-Feb-90 417.95
Now, the greater question is:
Is this a "New Bull Market", or only a return to the "norm" of greater and lesser moves - both up & down from around a $330-360 base?
THIS IS THE BIG QUEST!
Now, the extra credit question:
As Gold is now "null & void" as an indicator to many, will a move be "inflationary"?
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