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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (57061)	11/16/2004 9:56:21 AM
From: Rarebird	Respond to of 81568

Okrious, Gold is in the very early stages of making the transition from the "dollar story" to the "inflation story". Perception is the key. I see new all time highs in the POG by the first quarter of 2008. We are in a secular Gold Bull Market. No Secular Bull Market in Gold has ever ended without Gold rising in terms of all currencies. So, the best is yet to come. President Bush is the best friend the Gold Market ever had. The basing that took place this year in regard to the POG was very healthy and good. But we are now out of that basing pattern and consolidating above prior resistance. I expect the POG to "rock on" here. I'm looking at $480-$500 POG by the end of this year, 2004. $500 Gold represents major resistance, so that area is a good place to take some profits if one is a short term trader. Gold is going to fulfill its function once again as the great inflation hedge.