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precious metals and numismatic news

 

February, 2004 Articles

Gold May Stage Bullish Channel Breakout
02/10/2004

DOW JONES - The spot price of gold may be on the verge of staging a bullish breakout, signalling a rebound to at least January's 15-year highs. And because gold price strength has been so closely correlated with weakness of the U.S. dollar in recent months, any bullish breakout by gold could be further evidence that the dollar is set for fresh multi-year lows against major currencies...
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Precious Metals Forecasts - Market Analysts Report & Commentary
02/02/2004

LBMA - Forget what you're thinking re Havelock's trade. And put aside for the moment easy comparisons between the gold market and a lunatic asylum ('You don't have to be crazy to work here...' and the like). There is at least one important difference: in recent years in gold, pessimism flourished; optimism was rarely rewarded...
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