Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (11497)	5/26/2003 9:57:03 PM
From: jrhana	Read Replies (1) of 39344

The Privateer I believe gives those of us who are uncertain a reasonable guide: <This week, the Gold/$US ratio set a new 2003 high with the actual $US Gold price still below its 2003 high. Despite the best efforts of the Bank of Japan, which is buying HUGE amounts of US Dollars with Yen on a daily basis, the Dollar sag is accelerating. Now, a new upleg on the $US Gold bull market simply awaits a spot future close above $US 379.> If that dollar sag continues, all bets are off. If we breach $379 convincingly on the upside look out above.

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