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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (815)8/11/2003 8:14:00 AM
From: Wade  Respond to of 48092
 
Guys,
Please check this out:

futuresource.com

ODJ Asia Precious Metals: Gold Keeps Climbing

Sydney, Aug. 11 (Dow Jones) - Spot gold continued to climb in Asia Monday,
as buying momentum that built up late last week spilled over, despite further
gains by the dollar.
"It's fund buying right now, primarily technical buying," said a Sydney-
based bullion trader. "Gold has built up momentum despite weakness in the
euro."
"Technically speaking, the market thought Friday's close was very
positive," said Martin Mayne, associate director of bullion sales at NM
Rothschild & Sons in Sydney.
"(So) the market's not really watching the dollar at the moment," he
added. "In fact, it's running counter to the dollar."

...and more

We got a new trend at here. Good luck.

Wade



To: Wade who wrote (815)8/11/2003 10:04:52 AM
From: Claude Cormier  Read Replies (3) | Respond to of 48092
 
<..we can expect the 2003 May-June low being the short term bottom and a rebound to 100-102 area is possible. Then, it will continue to slide. >

Exactly what I think. It could even strech out to 103-105.