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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (39548)5/22/2006 8:03:26 AM
From: TheSlowLane  Read Replies (1) | Respond to of 60929
 
I just read some commentary from Paul van Eeden declaring the bull market in commodities to be over. He says that gold is not a commodity so it will eventually begin to trade on its own but in the shorter term will continue to be influenced by the action in the industrial metals. Clearly he must know something that Teck, Inco, Falconbridge and Xstrata (for examples) do not, as they are all trying to acquire each other or avoid being acquired or interfere with two others merging, etc.

Meanwhile, if you missed Tom O'Brien on Bloomberg, the article just posted at 321Gold by Clive Maund depicts similar charts with similar targets here:

321gold.com

$575 gold and $10 silver are the probable targets identified by both of them.