Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (51507)	10/28/2007 2:35:59 PM
From: loantech	Read Replies (2) of 78419

Well the analysts I posted on is not in your 100% wrong camp if you read the article. <The current upleg has similar characteristics including the fact that is was preceded by a 9-month consolidation and new lows for the dollar. However, the current run has only brought an increase of $100 or 15%. If the last gold upleg is an indication, the current upleg has plenty of room to run. In fact, gold would need to surpass $1,000 before any significant correction could be expected. The percentage price oscillator [PPO] also supports the view that gold has plenty of room to run before reaching historically overbought levels. > Wayne may owe me as soon as this week or next. <G>

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