[Cicero]

The Iraq war is what the media are talking about in connection with gold's recent rises, but the basic cause of gold's breaking through a succession of strong resistance levels, IMHO, is a sick stock market and a falling dollar.

[xzins]

Among other things expect inflation to increase.

[Dog Gone]

Here's my problem with gold. The time to sell it is exactly the time when you want it in your portfolio.

[steveegg]

Minor ping for the next step in the gold bull run.

[dennisw]

So you're a goldbug too? I follow it. It's a good barometer. Yahoo finance doesn't quote gold prices. When it does then you know that .......

[LandofLincoln]

How about the fact that FIAT MONEY is under pressure everywhere. Gold, the only real money. I believe that it will be a lot higher in a year, but I do think that we will see lower prices as well. No question about it, you should be long, and buy more back around 340.00 (we will see it again).

[habs4ever]

It's an indication that LIQUIDITY is returning to the banking sector and that the monetary deflation the US has endured since 1997 is probably coming to an end.Take a look at a 10 yr log scale chart on the US dollar index, and you'll find the dollar is where it was in 1999.It goes through gyrations and the world still keeps on turning.

[weikel]

Gold will sink like a Polish battleship once the war uncertainty clears up.

[Bogie]

As always Cicero, you know exactly what you're talking about. Yes, people are looking for a new form of currency. All through the Clinton years the emphasis was on having dollars flow out of the country so that their return would be a boom for the American economy. But alas, it didn't work, and now the dollar is falling. I think platinum is going to do the best, since it is actually a much more precious metal than gold.

Remember how upset, what a panic mode, Clinton was in over the Mexican crisis? He just didn't want it to happen on his shift.

Anyhow, the USA still has the biggest economy in the world, and has been through worse things in the past.

[montag813]

I am long Gold futures since $315...go baby!!!!...profits on Gold and Euro are the best since the Internet bubble!