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To: Jerry Olson who wrote (88279)12/24/2003 11:12:28 AM
From: nspolar  Respond to of 209892
 
Yah, gold futs (feb) have had trouble at 413, but it looks like they should clear here. Assuming yes, POG is heading on up to 420 area then possibly even 440 for this run, imo.

This would correlate with a dollar bottoming in the near 80 area. The dollar wash out can not be all positive for other things, it has to have some negative side effects.

There is a lot of internal strength behind gold imo. Kind of like the general market has been, but POG run is not as long in the tooth.

Next year I believe POG will more than likely take out 500.

Off to work.