The Gold Train left it's last station in September at $682. (Incidentally silver is still at this station, but the 'All Aboard' call has just been made, as mentioned at The Silvers Wizard).
Over the last six weeks there has been a little consolidation, but we feel this is only a slowing of the train before the speed picks up again. The position that was locked in at the end of August, at about $660, has run to a 22% gain in 5 months and could weather a very small profit-take, but really there should be clear track ahead after the latest Fed sponsored liquidity injection.
Saturday, 15 December 2007
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