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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (23983)	1/3/2005 1:56:05 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 110194

Gold senses the drop in crude and a bottom in the dollar. The XAU technically is tenuous as well.

To: Crimson Ghost who wrote (23983)	1/3/2005 5:02:56 PM
From: russwinter	Read Replies (4) \| Respond to of 110194

Actually I think the gold market got today exactly what I was hoping for and looking for, namely a large knee jerk hedge fund liquidation. And look who stepped up to take the real physical gold, the GLD ETF adding a whopping 14.3 tonnes today. streettracksgoldshares.com This is very bullish in my book even if it does sell off as low as the 200 MA. The USD really isn't confirming the drop in gold, so I think it's phony sell-off. jessel.100megsfree3.com I bought GLD for the first time today at 42.90, and I'm extremely bullish here on my Amex juniors.