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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Jamey who wrote (22138)12/8/2004 7:04:32 PM
From: sea_urchin  Read Replies (2) of 81050
 
James > One day in a secular gold bull is peanuts when considered long term. But it does give you reason to hoot for awhile.

Actually, for slightly different reasons I agree with you. What I see is that the long-term up-trend on the gold price in USD is still intact but there could be a period of consolidation for maybe six months. Still, what is interesting and important is that despite all prophesies of gold going through $500 very soon, it may not happen.
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