ALeung 2006-10-9 14:38
[color=Blue]As a matter of fact, prices are normally affected by the heavy selling/buying......
and once returning back to normal.......everything will refer back to fundamentals[/color].
A quote from Barclays 06.10.2006 :-
[url]http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/10/06/cngold06.xml[/url]
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Barclays said the group had in reality met the 500 tonne limit, with others snapping up the unused quota of the Bundesbank - which has balked at selling in order to assert its independence against Berlin's politicians.
"We believe this is actually very bullish for gold because it shows that the sell-off was not driven by investors," said Ms Jacazio.
Philip Klapwijk, chairman of the precious metals group GFMS, said bullion would soon resume its five-year bull market. "The game is not over for gold. We've still got a big dollar devaluation ahead," he said.
[color=Blue]......hahahahaha....:applause: :applause:
....let us see how the play going on :beer:............
....[color=Red]sit tight.....fasten your belt !!! :givemefive:
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