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Re: FinancialAdvisor post# 8882

Friday, 06/10/2005 3:21:24 PM

Friday, June 10, 2005 3:21:24 PM

Post# of 25966
***HUI did well today on a day where the broader market was weak, however judging by the volume in NEM, I can't be convinced even though it was above the normal volume over the past 3 months, it still doesn't quite signal any kind of technical reversal for me.

Only two things at this stage look bullish for $GOLD, and that'd be a "confirmed" breakout in Euro-land above $350/ounce which I hear has potentially happened today (but was it confirmed), and another major thing would be China free-floating their currency, which would inevitably send the U.S. dollar weaker...

The first can be rather controlled, while China is on their own timeline & they could certainly surprise the market...







HI-HO SILVER !!!

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