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To: Sundog

Yes, gold has been "run" for at least 5 years, no big secret there to traders. Here's one pretty good current
explanation of the way it's worked:

http://www.theglobeandmail.com/servlet/story/RTGAM.20051118.wbarrick1118/BNStory/Business/

But I think the central banks and their cooperating agents (Goldman Sachs etc) have finally capitulated in the last several weeks. It's over, nothing but clear running now to 500 and far above. I don't think they have the means left to beat it back to 475 once it breaks above 500. External forces are much too great now, with the Russians doubling reserves, China playing in a big way, etc.


37 posted on 11/19/2005 8:04:11 PM PST by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: Travis McGee
Thanks, Trav.

That is an interesting article.

Platinum is the other metal that is worth watching, very volatile lately.
39 posted on 11/19/2005 8:54:48 PM PST by Sundog (cheers)
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