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Re: stlogic post# 1982

Wednesday, 08/10/2005 12:33:00 PM

Wednesday, August 10, 2005 12:33:00 PM

Post# of 30354
stlogic,hallo again..
I was waiting for the moment gold was gaining ground versus other currencies than dollars,that is euro,and so on
From a technical glance,i expect a short time high at 455dollars an ounce,with a support at between 420-425,also i expect a level of 600-620dollars until jan.06.
The negative correlation between the dollar and gold might not be an indicator for the future again like it was in the past.
You might go for exploration companies like usgl,lbts,and kmgm
very solid companies u feel free to do some DD
That is the way it looks from here
Cheeers
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