tag:blogger.com,1999:blog-19976877.post114187123160564801..comments2023-11-02T07:11:14.228-04:00Comments on Gold Global Perspective: Gold and terrorUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-19976877.post-1141957277393319362006-03-09T21:21:00.000-05:002006-03-09T21:21:00.000-05:00Real1, Ok I can see where you're coming from. Good...Real1, Ok I can see where you're coming from. Good point.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19976877.post-1141913579761309572006-03-09T09:12:00.000-05:002006-03-09T09:12:00.000-05:00Btw, the cap in gold prices uptrend could have ben...Btw, the cap in gold prices uptrend could have ben partly due to the ECB's gold sales in the last 2 weeks.<BR/><BR/>http://www.ecb.int/press/pr/wfs/2006/html/fs060228.en.html<BR/><BR/>http://www.ecb.int/press/pr/wfs/2006/html/fs060307.en.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19976877.post-1141907793099033912006-03-09T07:36:00.000-05:002006-03-09T07:36:00.000-05:00With regards to the impact of a flu pandemic on go...With regards to the impact of a flu pandemic on gold prices, the mainstream view seems to be that it will push up support for gold.<BR/><BR/>http://www.financialsense.com/editorials/droke/2006/0306.html<BR/><BR/>http://www.hsbc.com.au/information/research/pdf/2006/anzweekly/OZ060109.pdf<BR/><BR/>I have found the above reasoning somewhat at odds with the fundamentals driving gold's demand - ie. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19976877.post-1141906702384047642006-03-09T07:18:00.000-05:002006-03-09T07:18:00.000-05:00The decline in gold could also be attributed to it...The decline in gold could also be attributed to its seasonal price cycles.<BR/><BR/>http://www.kitco.com/ind/Wiegand/printerfriendly/mar032006p.html<BR/><BR/>The test is whether gold will fall through the USD535 resistance point. If yes, a slide down to USD520-500 is possible.<BR/><BR/>I am aiming for USD520 as a buying opportunity in end-March.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19976877.post-1141884842302740972006-03-09T01:14:00.000-05:002006-03-09T01:14:00.000-05:00Not necessarily, Gold has "life" of is own, obviou...Not necessarily, Gold has "life" of is own, obviously the reason you did not understand my post is the fact that you see the gold market from a US centric point of view. The global economy is changing and while the US economy is still leading in many aspects, the Asian continent is enjoying impressive growth and that alone will cause (much?)higher physical gold demand<BR/><BR/>To sum it up , yourtroyhttps://www.blogger.com/profile/06006943059818532601noreply@blogger.comtag:blogger.com,1999:blog-19976877.post-1141873810927605082006-03-08T22:10:00.000-05:002006-03-08T22:10:00.000-05:00No offense, but economic growth and prosperity doe...No offense, but economic growth and prosperity does not bring high gold prices. During the dot com boom of the late 90's till around 2001 gold was at very, very low levels. It was between $250-280 per troy ounce. Economic depressions and social uncertainty make gold prices go up, like now where the price of gold is in the $500 range. Terror = high gold prices. Not lower.Anonymousnoreply@blogger.com