GOLD

[airedale]

Hi Lake, who/what is itulip?

http://www.minesite.com/nc/aus/minew...-of-chi/1.html

[arco]

Hi Lake, who/what is itulip?

http://www.minesite.com/nc/aus/minew...-of-chi/1.html

Just in case lake isn't around.

http://www.itulip.com/forums/index.php

You'll need plenty of time

[airedale]

Thanks,Arco, POG has gone from $1006 to 1012 in the last few minutes. Of course it often goes up or down by more than that, but it suggests that $1,000 is well supported.

[Dr_Who]

WOW! Talk about firepower!

GOLD picked up in Asian trade this morning, edging above $US1005/oz - and the word is that Beijing is suggesting it may put up its hand for the entire 403 tonnes of the yellow metal about to be put on sale by the International Monetary Fund.

http://www.theaustralian.news.com.au...-36418,00.html

[TTrader]

Gold Up Again!, Should make for interesting night/very early morning trading

US gold ends up, nears $1,020/oz on dollar tumble
http://www.reuters.com/article/marke...0090922?rpc=44

Good summary of the last few days over at BullionVault also:
http://goldnews.bullionvault.com/gold_china_092220096

[shasta]

Gold Up Again!, Should make for interesting night/very early morning trading

US gold ends up, nears $1,020/oz on dollar tumble
http://www.reuters.com/article/marke...0090922?rpc=44

Good summary of the last few days over at BullionVault also:
http://goldnews.bullionvault.com/gold_china_092220096

Probably should post this on the Silver thread, but relevant to Gold & PGM's.

Silver, PGMs to outperform gold as it hits well over $1,300/oz - Melek

http://www.mineweb.net/mineweb/view/...9666&sn=Detail

[Aussie]

I wonder if Aussie is still out there. He beat the drum when POG was $950 and less. He should come out for a bow now that POG is touching $1020.

Still here and checkin' in occasionally. Just ridin' the train up . . .

Concerned the dollar may be oversold and we could see a healthy pull back in the POG. I'd love to kiss $950 just one-more-time before permanent lift-off into the four figure realm . . .

[airedale]

Hi Aussie, I don't think that the US dollar is oversold, after printing a zillion more dollars recently it is finding a new [lower]level. $1,000 looks like support now.
In fact the 1000 bench mark was passed with little media comment which indicates a steady up trend still in place.

[Aussie]

Hi Aussie, I don't think that the US dollar is oversold . . .

I just think it's due for a bounce. An October market correction may provide it. Long-term there's little doubt it's going lower but things never move in a straight line. The gold stocks have had a nice run too. I have lightened up a little. A correction would suit me fine.

[airedale]

Something unusual happened overnight.POG rose by $10 even when the Nymex was open. Perhaps the last of the Nymex shorts have been shaken out.
Agree with you Aussie, a retracement at this point would be a good entry/re-entry point.