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Gold/Mining/Energy : Northgate NGX on NYSE

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To: NYBob1 who wrote (62)7/10/2007 6:01:12 PM
From: NYBob1  Read Replies (1) of 89
 
A coiled spring - Dan Norcini today:
Folks - I have to say that today was one of the most blatant
capping efforts I have seen in gold in some time and that is
saying something.
With the dollar breaking through major support and with crude
oil moving up along with the CRB index, to see gold struggle
to keep its head above water was almost comical if it
weren't so obvious as to what is going on.

You have to wonder what it is about the number "666" that
the enemies of gold are so obsessed with holding the gold
price below it.
I mean, we could not make this stuff up if we wanted to
for Pete's sake!

The official sector is so terrified of letting the gold price
get away from them that they are making fools of themselves
since even the most obtuse are beginning to realize that
something stinks to high heaven in the gold market.
My own personal view of this is that anyone, and I do not
care how well-respected or how well known they are, who
denies that there is official sector intervention to keep
the price of gold down is willfully blind and has forfeited
any right to be listened to when it comes to commenting
on gold.
I have been a trader for nearly 20 years now and have seen
all manners of markets trade and all manners of price
action and will state categorically that no other market
on the planet trades like the gold market.

Thanks Dan Norcini well I agree with you 100% -

$6 price target for NGX -

Northgate Minerals Corp. (NGX : TSX)
Estimates upped on new gold & copper prices
Blackmont Capital maintains "buy",
12-month target price is raised to $6.00 -
Imo. Tia.
God Bless

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