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

To: IngotWeTrust who wrote (96873)	1/6/2004 9:04:00 AM
From: d:oug	Respond to of 116762

Gold surpasses Elliott Wavers' point of no return groups.yahoo.com

To: IngotWeTrust who wrote (96873)	1/6/2004 9:08:50 AM
From: d:oug	Respond to of 116762

Gold advocate Lips appeals to Switzerland to save itself from the dollar groups.yahoo.com

To: IngotWeTrust who wrote (96873)	1/6/2004 6:14:33 PM
From: maceng2	Read Replies (1) \| Respond to of 116762

I must admit.. One of the funniest posts I have ever read.. -g- Message 19661003 My reaction today was to sell minimal number of miners in the anticipation of buying miner calls on any set back. ... if it occurs...

To: IngotWeTrust who wrote (96873)	1/14/2004 9:18:17 AM
From: maceng2	Respond to of 116762

Sorry, I nearly got it right... ref: The Fed halting the slide of the USD and POG declining. The Fed does nothing except sit on it's butt, and after Japanese intervention, the ECB threatens to intervene oh well -g- stockcharts.com =================================================== Gold continues its decline as dollar rallies by Shamal Ratnayaka Published: January 14 2004 11:59 \| Last Updated: January 14 2004 11:59 Gold prices dropped for the third successive day on Wednesday as the euro fell against the US dollar, amid speculation the European Central Bank may try to sell the currency to stem its rise. "The currency market continues to impact the dollar gold price,'' said Andreas Maag, analyst at UBS. He said that as a result gold continues "to be at risk from any correction from the sagging dollar." The Euro breached the $1.27 level against the dollar which could signal a move lower to last week's lows of $1.2558, which in turn would likely lead to further falls in gold. "Intervention is something that's always available" said ECB council member Christian Noyer in an interview with television channel France 2. He added: "Very sudden moves are never good for global growth." In morning trading in London, spot gold stood at $421.50/$422.25 a troy ounce, down $4.25 on the New York close. The London morning gold fix was $421.00. Silver followed gold downwards, again slipping 3 cents to $6.53/$6.55 a troy ounce. After Tuesday's highs, Platinum started falling back, standing at $851/$856 a troy ounce, down 2 cents on the previous close. Crude oil prices have seen some movement downwards following profit taking after Tuesday's highs. IPE Brent for February Delivery rose initially to $31.45 a barrel in early trade before falling to $31.07, and stabilising just above that at $31.25, down 12 cents on Tuesday's close and some way below the $32-plus highs. February NYMEX WTI was similarly down, slipping 8 cents to $34.35 a barrel in electronic trade. Despite the falls, analysts said crude oil prices were holding up well given the slight easing in US Northeast weather concerns over the past 24 hours. Average Northeast temperatures are still forecast to be below normal for the next few days, but not as cold as previously predicted, and could be close to normal by Sunday. "The very low level of US crude oil stocks is clearly helping to support prices," said Kevin Norrish, oil analyst at Barclays Capital. As a result, short term price direction will be set by Wednesday's US oil inventory figures. Mr Norrish added however, that "there was still a downside risk to crude oil prices given the large speculative overhang in the market". ========================================================== /edit another theory.. Message 19689232 anyway, it's still a race to the bottom for fiat in the longer term.