The Really Useful Gold Thread

mrw
sinclair been saying that the floor traders just running stops back and
fore in a thin gold market...good value buying sub $500 for the bullion
guys. as long as the dynamics of the bull market dont change lower prices
are just a bargain to the patient

"J.P. Morgan Securities have lifted its long-term gold price forecast to $500 an ounce from $450, with an average price of $558 in 2006 and $609 in 2007, while Merrill Lynch upgraded its 2006 estimate by 19 percent to $525 an ounce"