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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Nelson958 who wrote (17838)8/25/2002 4:56:14 PM
From: jimsioi  Respond to of 36161
 
Swiss Gold is alot of Gold hitting market

Tons after tons coming on the market and they are yet to be half way through..That type of known and steady supply will keep a cap on things as they otherwise would be until its finished...

Sesonal chart for Gold, on the otherhand, looks promising for the month straight ahead....just hoping things aren't too much different this time....

spectrumcommodities.com



To: Nelson958 who wrote (17838)8/25/2002 6:50:58 PM
From: c.hinton  Read Replies (1) | Respond to of 36161
 
The swiss are worried about their currency becomming to strong,or so i read a few months ago.



To: Nelson958 who wrote (17838)8/26/2002 8:52:20 PM
From: wildandwonderful  Respond to of 36161
 
this in my opinion quite bullish for Gold.Swiss SNB sold 78 tons in a seasonally low demand period ,August and Gold never dipped below $304/ oz. Central Banks are surely loosing their clout on Gold Price. With seasonally high demand period about to start in Sept-December, we might see $ 350/oz before the year is over.

quotes.ino.com