Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Zeev,
Your comments are respectfully acknowledged and duly noted.

I don't agree with your luke-warm assessment of the future pricing of gold as I think the promise of continued dehedging coupled with the heightened participation of Arab/Chinese interests in the cash market will continue be contributing factors to higher gold prices in the months to come. Whether or not gold hits $400 by October is of very importance to me. I think it will be considerably higher than that number in 2005 and beyond and that is what I'm playing for.

Though I despise every cowardly act, I'm forced to acknowledge that the spectre of international terrorism cannot be ignored as a factor that will continue to provide a floor of sorts to the PM markets as they always seem to rally with the news of each and every tragic explosion.

Let's just agree to disagree and let time show us which view turns out to be the most accurate.

I trust you will forgive me if I don't wish you 'good luck' on this one....... <VBG>