gold tonight, page-3

P.S: it would be great to see the Euro surge through 126.10 against the USD - that is a key pivot point and would give the start of a good leg down in the USD.

The Aussie looks like it may have a temporary bottom - but who can know - all that is clear is that other key currencies against the USD have indicate bottoms, and the Euro is generally the last one - so they say.

Also, did anyone see that Natural Gas is bottoming - an inkling to a reversal in Oil perhaps. The bears have nearly got their $50 mark, but the reaction upwards should be swift and brutal.

Gold rising, I read somewhere, is a sign that the reflation efforts are having an impact.

Fingers crossed that is soon. When all the talk and fear was inflation, gold reversed - now its deflation, time for gold to reverse again as we definately will have some infationary environment, if not the mother of all inflationary environments.