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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: CuriousGeorge who wrote (93608)2/16/2003 8:30:36 PM
From: Enigma  Read Replies (1) | Respond to of 116764
 
POG for the moment seems to be a barometer of the chances of war. Impasse bad for price?



To: CuriousGeorge who wrote (93608)2/16/2003 8:39:19 PM
From: goldsheet  Respond to of 116764
 
I have not been making too many comments on gold recently, but I think the correction back into the $335-350 zone is good for the long term. Gold needs to build another very solid base from which to make a serious assault on the huge overhead resistance area ($415ish), which it had failed at many times in the past. I think we are going to spend a lot more time under $400 than most goldbugs would hope for, maybe the rest of 2003. Long term I am on the record for $500+ gold, so anti-gold I am not !