Hope this helps board members out. Come on $400.



cheers GF.

nb, updated 2.30am wed.

GF,

Yes thanks.

$400 today do you think?

Fingers crossed andy when the US opens. If it Just gets through that barrier we could really see it take off.

cheers GF.

Thanks GF

There's still a lot of buzz about gold and we should see it break $400 this week (hopefully), then once established it should move onwards and upwards, which has to be good news for us gold mining share holders;) Lets hope there's a frenzy?

NF

Could just be that nitefly.

cheers gf.

I think we are all right about gold having a great future.
However,I think that might be a problem i.e.dealers have anticipated this and
have - more or less-mainly priced in e.g.the present/future terrorism treats
and probable destabilisation - my opinion - of currencies throughout the
Western world.ajren

A bit of softness in the market.

gf.

GF,

"softness", that looks like the understatement of the century at the moment!!!

$384 currently, and still falling!

Guess our mining stocks are in for a rough day tomorrow!

I think most of the problems have been priced in.
However,if there are huge problems like the 9/11 plane crashes or big problems
in U.K.then there will be a swing for it again --- just an opinion .ajren

GOOD NEWS - I think.

A U.S.A. site I get has a metals report today ----numerous paragraphs.
MY summary .Asset managers to jump in below 390 and generally their opinion is
very Positive.

Also,I suggest you keep a note of another site i.e.www.goldmoney.com

Cheers Ajren I have added that site to my favourites. Blimey you dont half put some hours and hard work in here on this site. Many thanks.

cheers GF.

Thanks goldfinger.I like the site and am getting great info from everyone here.I
can get my info quickly and often at the same time as getting other shares
so not as difficult as it appears-I have built up a long list of wwws and many
of them e.mail me info - they will e.mail anyone.Cheers ajren

Heres an interesting article on the state of play.

SAN FRANCISCO (AFX) - Gold futures tumbled as much as 12 usd an ounce
Monday, closing at their lowest level in nearly a week following a run that
brought the metal just shy of the key 400 usd barrier, dealers said.
December gold closed at 391.50 usd an ounce, down 6.50 usd on the New York
Mercantile Exchange. At its lowest point, prices fell 12 usd to touch 386 usd --
the biggest intraday decline since early October.
The contract rose to a high of 399.40 usd an ounce Friday, and gained nearly
15 usd for all of last week, but it hasn't been able to breach 400 usd -- a
level it has not seen since March 1996.
"Dealers are nervous buying in front of this milestone 400 dollar level,"
said John Person, head financial analyst at Infinity Brokerage Services.
"Short-term investors who believe they can get back on board the gold ride are
exiting after the market was incapable of trading above 400 dollars in overseas
markets," he said.
Still, there's a "good chance" gold may hit 400 usd this week, with the US
dollar trading "poorly in periods bereft of important economic data," John
Reade, an analyst at UBS Investment Bank, wrote in a report to clients.
On Monday, the dollar gained ground against the yen and euro, and major
stock indexes fell -- a backdrop that would usually be bullish for gold, if not
for its recent climb to seven-year highs.
All in all, gold investors' commitment to the gold market "stems from both
superb and compelling rationale," said Leonard Kaplan, president of Prospector
Asset Management in a note to clients.
Since the beginning of 2002, the dollar has fallen some 23 pct, "and is
almost universally though to be going lower longer term, he said. At the same
time, gold has climbed 36 pct.
General weakness in the equity markets, growing concerns over inflation, and
the "frightening geopolitical condition" related to recent terrorist activity,
are all reasons that the "gold market will continue its march to higher prices,"
he said.
Among the events this week likely to have the biggest impact on the trading
of gold, more economic data is due from the US, with much of it likely positive,
said James Moore, an analyst at TheBullionDesk.com in London.
Business conditions at manufacturers in the New York region improved
substantially for the second straight month in November, the Federal Reserve
Bank of New York said Monday.
US businesses also increased their inventories of unsold goods by 0.3 pct in
September, the first increase since March, the Commerce Department reported.
In addition to the week's data, "the continuing rise in terrorist activities
will also have an effect on the market, increasing the safe-haven premium,
particularly following the Bombing of Jewish Synagogues in Istanbul over the
weekend," Moore said.
But with the yellow metal "now challenging the psychologically significant
400 dollar level, expect more coverage and investor interest going forward,"
said Grady Garrett, chief trading strategist at EnergyTrendAlert.com, a
commodity information provider.
"The economic strength ... is setting the stage for a positive setup for
gold," he said.
"The reality of a sustainable recovery is going to mean a burst of inflation
should eventually occur," he explained -- an environment that is usually
positive for gold prices.
In other Nymex trading, silver futures dropped back along with gold, after
closing Friday at their highest level in three years.
December silver fell by 18.8 cents to close at 5.227 usd an ounce.
Last week, the silver market staged a "massive rally," to gain some 35 cents
an ounce. "The silver market is much thinner than gold, ... and just a bit of
speculative fervor was enough to catapult prices higher," Prospector's Kaplan
said.
"Silver prices have followed gold, almost slavishly, and this much be
considered a major benefit to silver bulls," he said, adding that he expects
this trend to continue -- "look for this correlation to strengthen as time
passes," he said.

cheers gf.

Is it getting ready to burst up?

GF.

Great news in my Opinion :-

Paragraphs :- 5,6,7 - especially good,10 and 13...ajren

ajren, which ones are you backing, I have Bema, Thistle (where I have taken some profits)and have been looking at others one being Tiger Resources TIR, well worth checking out, a bit similar to Golden Prospect. Only thing that puts me off is its penny price.

Would be interesting to hear your view and others on which they feel are the gold companys to invest in.

cheers GF.

Also,ref Treads Caledon resources and GOLD

Golden prospect is all you need! Its holdings -ie Centamin, are all good companies which IMO wont collapse if metals should plunge. I keep thinking i should get into individual companies......but then bottle it and top up in Golden Prospect. Anybody think its a good plan? or am i asking for trouble? cheers

Hi gf.I do not trade mining shares.Just happened to come across info whilst
looking at terrorist info.cheers.

GF,

I looked at AR. the other day, prospects look great, however, there are 3 things that stopped me investing:

a) Political difficulties i the Indonesian region

b) 40% of the company held by OCE who have performed very badly since floatation

c) I can never spell their name - Archipelago(?) Resources

Have a quick butchers mate, but personally I think it needs more time before investing!

If you think it's worth taking a closer look, I'll email my notes to you!

SB

Thanks gf as great as I like to get ANY info on ANY share

Re mining shares :-
IF I traded I would get in and take profits immediately.--just an Opinion.
What is your view ?

Price taking off again -- $395.50 now.

Ref my post of Nov 17/19.15/9 of 21

i.e.Info gave me Asset Managers to jump in below 390

Ajren, spot on, you dont mess about in this business if you are a short term investor.

If i go for a stock I will say long or medium as per usual or I will say its a gamble as per the Thistltle Mining Stock on Friday.

I tipped this at about 15.8p on another site early Friday, 2 to 3 hours later it was up 42.4% and i took profits. I still hold a lot of shares.

The big thing here is that investors should take profits , lets face it its your wage for the week and lets not forget staying in too long can lead to bad feelings. If you see a big return, cash in and take it, just forget about it, and move onto the next one. Never ever look back , its like life.

cheers gf.

GF,

Just noticed you're online, I can't sleep now cos I just witnessed POG go to $400/oz.

WOW - The excitement is too much for me my friend!

just sent you an email re: SC & TMG

SB

Wow, bloody brilliant, fantastic, your a good mate SB, one i have deep respect for and one I trust, more than anything else.

Please bang it on the gold related threads, on this site, lets have everyone having a chunk of the spoils.

Chheers GF.

Yep just checked the chart out above. F A N T A S T I C, BEMA IS THE ONE TO GO INTO IF YOU WANT A LONG TERM STORY, ie , BAU. Thistle and Golden Prospect run it close.

SB , lets have a jig and a song, ...... were in the money were in the money, were in the money and thats TRUE.

Wow Loads A Money, you do realise Im not gong to be able to sleep tonight. Over 1.8 million tied up here. Im so excited, I did tell you, and many thanks to Simon c, Evil Knieviel, cheers mate, yes you were right.

cheers GF.

Me too mate - I'm glued to the gold price! Just gonna cook me some food to sustain me through the night!

AVM, BAU, GOL, TMG

I hold all these thanks to your recommendations GF... I am likely to add in the morning if they're not all marked up by a few quid!

(Also hold OXS, CBM & CDN!)

GF

whats your views on OXUS GOLD?

It was tipped in shares magazine last week but has only went up a few pence since then. Its around 80p at present.

Market Commentary from Scotia Market Watch

Gold started the New York session around 393.00 and held steady as scattered buying interest was seen from a number of sources. Traders viewed the market stability as encouraging and bid further after trading as low as 386.50 the previous session. Resting stop loss orders were triggered when the metal passed through the overnight high of 394.00. The stop loss buying took gold to 397.00 where resistance finally appeared. Gold then traded sideways until the EURO rallied further, posting a new all time high vs. the dollar. Gold reacted positively to this news rallying to a session high of 398.20/398.60 before backing off at the close to 397.10/397.50.

Technical Commentary

Gold performed very well today, recovering to a high of 398.20/398.60 before settling 397.10/397.50. Expect further scale up selling from todays high to 399.00, however, a break above should encourage follow through buying. The initial upside goal should be 402.00 with potential to real 407.00. On the downside expect further buying to provide support from 388.00 to 386.50.

Scot,

Note OXS went as high as 88p on Friday (I think) and for a share to gain a few pence in these markets is pretty good. Almost every other small cap share is down a few pence or worse!

SB

P.S. Doh! Gold coming back down - now $399

expect it to yo-yo over the next week or so but should settle above $400 while the nervousness of breaking $400 settles down, then watch it go;)

I am heavy in Minmet (MNT) which ought to break out soon. I looked at Oxus some months ago but decided at the time to stay with Mytravel & Corus and a few other penny shares, which was the right move at the time, just sorry I didn't buy a block of Oxus while it was -9p - ah well...

good luck all

Nitefly, yup Minmet it does look very good to me. Shame it has a dodgy past which I think could be holding it back.

cheers GF.

Its consolidating guys, Looks like a North push is on. Bema, is a fantastic stock, please chech the thread and DYOR.

cheers gf.

Now 11.55 a.m : 395.50
Also,ref posts on gold breaks through 400 dollars.rgds aj

07.21 EST

The World Spot Price/Asia,Europe,New York.
Ask 396.50
Bid 395.70
= + 1.20/+ 0.30 per cent on New York Close

Also ref tread gold breaks through 400 dollars.
gf.Do you think we should try and get all the gold treads onto the GOLD tread
as the treads are getting confusing - and much the same info ? rgds aj
Off for sandwich now

Bema up to 241.5p and looking very srong.

gf.

Take to the top

take to the top. Looks like it could be an interesting afternoon. Bema on the UP???????.

gf.

take to top.

Gold chart - week of Nov24Monday opens are always difficult to predict. There is a possibility that there will be a brief move higher before starting the pattern.

Found this on my travels in cyberspace

Gold Seems to be falling at the moment according to the chart above from cyberspace.

Zarif, yup its falling as you predicted. But for how many days thats the question. Think we have seen the feel good effect from England winning the Rugby world cup today. Nice to see strength back in the general market.

cheers GF.

ttt

ttt

NB, chart revitalised, thanks guys for the promt.

cheers Gf.

GF,

Out of interest, why wasn't it updating?

Looks like it could be winding up for another run at the $400 level.

taken back to top.

taken back to top.

taken back to top.

taken back to top

Sorry gf :- Just realised I should put gold price on this site rgds aj

London = 398.10
.........
World Spot Price :-

Ask = 398.30

Bid = 397.80
rgds aj

London p.m.

398.38
aj

Anyone want to predict next weeks High ?

I will start the ball rolling :-

400.68

London = 398.75
..........
World Spot Price :

Ask : 399.30
Bid : 398.80
aj

Knocking on the door of $400 ajren. There were rumours in yesterdays papers that Soros is shorting the US dollar and other analysts were pointing to weaknesses in it. Could be good for gold.

cheers gf.

GOLD

400.25

....................................

Will I reach my prediction of 400.68 this week ? ??

yup its $403 now.

cheers gf.

World Spot Price today :-

Ask = 401.40

Bid = 400.90
rgds aj

World Spot Price today :-

Ask = 401.40
Bid = 400.90
rgds aj

London = 401.05
aj

Up.

Hi tobyjug

Up again :-
N.Y.High was 406.20
World Spot Price now:-
Ask = 403.50
Bid = 403.00
rgds aj

London :-

403.30
I suggest goldposters see the threads on GOLD as well.
rgds aj

Gold down :- Why ? Any opinions ?

New York spot price.
Ask : 402.40
Bid : 401.90
- 1.40/-0.35 per cent

High : 403.20
Low : 401.00
rgds aj

London :-Down to 401.80
rgds aj

taken back to top. come on $410 what you say ajren?.

cheers gf.

taken back to top.

gf.

I think it will go to 407 within 10 days - just a guess.Down again - any ideas
as to why ?

World Spot Price is - 1.50/- .37 per cent
Ask:-402.60
Bid:-402.10
rgds aj

London = 402.40
Why down ?

zarif,

Sorry I had to remove your thread as it was messing up the rest of the post.

Apologies

Ian

Ian -no problem - i was wondering what happened as it was all over the place.Sorry for the mishap-hope apology accepted.

rgds
zarif

no problems Zarif.

Ian

World Spot Price :-

Ask :- 401.30
Bid :- 400.80

-2.20/- .55 per cent
rgds aj

London = 402.00
rgds aj

Looks like happy with dollar and they predict reasonable employment data.

i.e.New York Spot Price is - 2.90/-0.72
Ask --- 400.60
Bid --- 400.10

I expect it to go sub 400 and rise next week
rgds aj

Ref above : Correct i.e.New York Spot Price Low = 399 rgds aj

London p.m. = 402.40
rgds aj

New York Spot Price High was 406.70
Reflects the unemployment position,etc
rgds aj

Aj,

Looking tasty!

Saturday, December 6, 2003 (Washington):


Some financial experts are worried over the continued drop in the value of US dollar, noting that under George W Bush presidency, the currency has tumbled 44 per cent - from its October 2000 high of about 83 cents to last week's low of $1.21 to the euro.

"The dollar is the crisis story. A lot of smart money has moved out of the dollar in the last six months. Now the latecomers are rushing to sell, and that is adding to the momentum," warns James Harmon, an investment banker who headed the US Export-Import Bank during the Clinton Administration.

Felix Rohatyn, a former US ambassador to France and financial expert, said, "I am appalled at what is happening to the dollar. A basic responsibility of a government is to maintain the value of its currency."

Rohatyn argues that the Federal Reserve should signal that "it will not allow a dollar crisis to happen" by raising the Fed funds rate at which banks can borrow money overnight from its current low level of one percent. However, Fed Chairman Alan Greenspan sees no crisis. (PTI)


With the dollar falling Eur hit another all time high yesterdy at 1.2163 still in an uptrend next level 1.2375 -1.2500 -this means dollar getting a pasting and gold rising -which is good news for us.

rgds
zarif

">

">

">

">

$409 now.

Taken back to top.

Hi gf I was wrong - I thought it would not go over 407 this week.What will
happen now ?rgds aj

Ajren /Gf:
My view is that today is going to hit say 409 max then traildown to 406.75 then climb up to say 408 area before trailing back to just under 407 at end of day.
The likely uplift will materialise on say 10th dec from 406 area to 410.89 and by 12th dec 414.85.

I have got a chart which i just cant seem to be able to post - ican see it in word saved it as all sorts bmp,jpeg,gif etc etc but no joy.If you know a way let me know and i will post it on the thread

zarif

Hi zarif,
I do not know - posting chart problem.Do you want to ask Moneyam ?
414.85 on Dec 12 seems possible.I would go for 411 approx.However,I am just
guessing and have been wrong this week.rgds aj

ajren -thanks i have already contacted mam.
rgds
zarif

zarif,

just to let you know, I have replied to your E mail.

Regards

Ian

http://www.chartsedge.com/g120603.gif

http://www.chartsedge.com/g120603.gif

ttt

taken to top. Back up to $409.

408.25 now -- London rgds aj

New York Spot Price = 409.80
rgds aj

taken back to top.

Hi gf.What does - taken back to top - mean ? rgds aj

ajren keep the good work up. Just making sure this thread doesnt go off the front page as POG breaks new highs. See its been up to $412.

cheers gf.

Hi gf/others.Down to london low of 404 why?The American
Big players are on manic-depressive swings over the last couple of weeks -
overreacting to the tiniest bit of good/bad news.What will happen next ?
rgds aj

London = 404.10
rgds aj

taken back to top. Good point that Ajren, please see news from the US on your gold thread. Makes interesting reading , a lul until mid january!!!!!!.

cheers GF.

London up to 406.60.Thanks---I will read gold thread.rgds AJ

Nice, back up again at $409.

cheers Gf.

Down again 406.60 - perhaps Saddam arrest ? rgds aj

New York Spot Price :-

Ask = 407.60
Bid = 407.10
rgds aj

New York Spot Price

Ask = 410.20
Bid = 409.70
rgds aj

Taken back to top.

World Spot Price :-

Ask = 408.70
Bid = 408.20
rgds aj

London :-

407.50
rgds aj

World Spot Price :-

Ask = 411.50
Bid = 411.00
rgds aj

Brought back up to top.

London = 408.75
Nice to see some price stability over the last week.Hopefully,the New York whizz
kids have taken an early and long Christmas break from their crazy daily
up/down buying/selling swings i.e.completely overreacting to the tiniest bit
of good/bad information.rgds aj

New York Spot Price :-

Ask = 410.00
Bid = 409.50
HIGH = 410.80
rgds aj

taken back to top.

London = 410.80
rgds aj

Though that this may be on the rise again after the higher terror alert in the US. Still analyst in the US say they are looking to a rise at the opening on the Dow.

gf.

Very shrewd gf.I think you are right i.e.it will go up.If something big happens:-
Do you think it might reach 415 ?
rgds aj

Doesnt look like it today ajren. A lot of analysts are looking for around $475 come end of next year. There as been a lot of speculative talk about $700 and higher, but I just dont buy that. The US is forecast to have circa 8% growth this next year, that could lead to some inflation so somewhere along the line the US will be raising interest rates which will strengthen the dollar, plus if the industries within the economy get that growth the general stock market over there is going to look rather appertizing.

cheers GF.

Still stable i.e.World Spot Price 410.00
I am amazed it has not gone up because of Orange code.
rgds aj

London = 409.60
Happy Christmas and good health to all for New Year,
rgds aj

Wishing you all

A

HAPPY CHRISTMAS

And

NEW YEAR

 

Have a GOOD ONE.

 

from

Zarif

GoGoGold

Now on 415$. Bemas finished like a train in the US.

Yup look like its going for a new high. Bema and Avocet are the ones to be in.

cheers GF.

Taken back to top.

taken back to top. Incidently, Evil K and Zak Mir have a year end price of $550
on gold, T Winnifrith is more conservative and is going for $485. Food for thought.

cheers GF.

GF,

Oxus have poured Gold!

LONDON (AFX) - Oxus Gold PLC said gold production has commenced, on
schedule, at the company's Amantaytau Oxides project in Uzbekistan.
This production comes only nine months after the start of construction at
the mine.
Oxus CEO Bill Trew said: "This is an enormous accomplishment for the team at
Amantaytau, who have worked tirelessly to bring this low-risk, low-cost project
into production in record time."

Wow new high 0f $422.Bema BAU and African Eagle AFE both flying this afternoon, plenty of upside in these two.

cheers GF.

Blimey its gone even higher $425.

Heres an interesting note from one of my brokers Seym Pierce.........

The US authorities are continuing to promote the idea that interest rates will remain stable in 2004. With the large budget and trade deficits, the US will need to continue to print dollars to fund its budget commitments, and spend dollars importing goods and services from overseas. This implies that the dollar will continue weakening – with consensus pointing towards a decline to US$1.35 to the euro, a further significant fall from the current level of US$1.26. The corollary of a weaker dollar is higher dollar-based commodity prices.

Clearly, supply/demand factors also influence commodity prices, but we think that gold supply factors are largely under control. This is related to the lack of exploration and development of new deposits in recent years, as low prices have constrained budgets for all but the best projects. Indeed, the rise in gold production over the past twenty years has slowed appreciably in the new century, and 2004 may actually see the first year of falling mine output.

Gold supply from the world’s central banks is also likely to remain under control, with the expectation that the Washington Agreement will be renewed later this year. This is set to maintain the limit of around 400t/year on annual gold sales by the main European central banks. As these banks had been the key sellers of gold, the initial agreement aided the supply/demand factors for the metal, and boosted sentiment.

Mining companies have also reduced gold supply through another route. This has come from their concerted attempt to reduce forward selling – which had effectively brought forward the sale of future production. The close-out of forward sales tends to work in the opposite direction, with the use of mined gold to repay gold borrowings from central banks and other lenders. Admittedly, this benefit to the gold market is set to decline over time as the proportion of mined production sold into the spot market increases. However, the prospects for lower output tend to offset this to some extent.

On the demand side, jewellery demand can be split into two areas – developed world demand (which is largely insensitive to price) and developing world demand (which is largely price sensitive). An improving global economy, leading to higher discretionary spending, should aid developed world demand, but there is likely to be some contraction in developing world consumption. This may be muted by a weaker dollar, restricting the rise in local currency prices and may slow demand contraction. Nevertheless, the decline in developing world demand is likely to be significantly above the level of growth in the developed world. Consequently, some other component of demand will have to improve in order to benefit the commodity.

Our view is that this will come from increased investment demand. This will be related to investment markets looking for other investment media in view of concerns about the dollar and worries that the US markets, in particular, stand on relatively full valuations. Given current uncertain markets we think that gold will remain an attractive home.

Exposure to gold can be gained through direct investment in the metal (aided by the recent listing of Gold Bullion Securities). However, obtaining exposure through the equity market can yield additional benefits. Pure gold producers such as AngloGold, and Harmony in South Africa (where we anticipate a return to rand weakness) could be of interest. However, UK investors may like to consider Anglo American amongst the majors, while Avocet, Highland Gold, and Peter Hambro Mining are some of the smaller UK-listed gold producers.

cheers GF.

Another new high $429. African Eagle AFE is looking good for further upside.

Should be,come on $500!

Back to top.

GF,

did u give up on SVR?

MM

Yup, unfortunately just after the mini profits warning. Thinking seriously of going in again.
GF.

brought back to top.

back to top

$426 and going higher. African Eagle awaits your investments.

cheers GF.

AFE, AVM, OXS, BEMA, just to name four great gold shares, and if you don't have any one of these in your portfolio right now you must have a screw loose !!imop

Ill second that Scottie.

gf.

back to top

Just caught it.

Up

back to to. Nb, african eagle tipped in Aim and Ofex tip sheet as share of the year for 2004.

gf.

nm

ttt

Back to top, Bema up again in the US.

cheers Gf.

up

back up

to top

back to top.

Gotcha

WATCHING BLOOMBERG TV AND JAMES SOKALSKY OF BARRICK GOLD IN THE USA SAYS HE BELIEVES GOLD WILL BE UP TO $500 BY THE YEAR END - HERE'S HOPING

Seems to be bouncing of $373 is this the bottom?.

These two think it could be , reported today.............

Galahad Gold said James Slater, deputy chairman and finance director, has acquired 2,500,000 shares in the company at a price of 11.45p per share, taking his holding to 66,007,133 or 11.73%.

Avocet Mining said Nigel McNair Scott, chairman, has acquired 50,000 shares at 60.5p each, taking his holding to 5,525,000 shares or 5.33%.

Cheers Gf.

>> bishopjeremy

What reasons did Sokalsky give for the increase (presumably he predicts a tumble in the dollar).

back to top.

Its going to go again.

gf

Did you manage to bail out of Zinc Ox? Seems to have taken rather a nasty turn for the worse!
As for gold, of course there is the safe haven aspect, with Iraq kicking off etc. But US interest rates are definately on the way up... bad for gold if it leads to further strength in the dollar...unless you think this is already factored in by the markets. Or perhaps markets are over-reacting to the likely rate increases (which Greenspan has said will be 'measured')?

Either way if the trend is your friend then the dollar is strengthening (trade deficit or not), and the gold price will be kept in its box. Unless of course......

Hi gallick yes bailed out of Zink ox with a small loss, but still very upbeat on gold and metals in the not too distant future.

Keep your eyes peeled on POG it could go and go in a very big way if inflation worries start to really get going.

Good luck.

cheers GF.

>>gf

I got out of POG at 495p and bought back in at 440p. I think the story is still good because they bought land/mines at such massive discounts. I agree it could be interesting.

Rgrds
gk

back up

Heard the head honcho on currencies at Goldman Sachs saying on Bloomberg that he expects the dollar to trade sideways for a while, during which time China will probably reallign their currency, but this is a prelude to a further fall in the dollar which they reckon is only half way through its overall descent!!

if this scenario plays out the gold price will rise considerably. The question is do you still buy the miners/explorers or the metal. Covered warrants are starting to sound exciting.

Regds
gk

Anybody is it possible to get the gold price on your stock watch?

after a good while away from POG, i have just bought a tranche, as bullion seems inclined upwards and the chart also looks pretty good, not forgetting that POG is among the world's cheapest producers

CEY is being watched carefully too, with a view to buying on a bad day - i.e. when sp is perhaps 78 to buy

gold heading back over $1000 soon imo