precious metals on the move

GOLD
04/13/2007
13:30
684.80
686.30
+10.20
+1.51%
677.50
686.80

SILVER
04/13/2007
13:30
14.01
14.11
+0.22
+1.60%
13.91
14.18

PLATINUM
04/13/2007
13:20
1284.00
1286.00
+12.00
+0.94%
1278.00
1289.00

PALLADIUM
04/13/2007
13:28
380.00
383.00
+8.00
+2.15%
369.00
392.00


RHODIUM
04/13/2007
08:20
6,350.00
6500.00
0.00 0.00% Invest in Rhodium

About same for RUTHENIUM

(Latest ex kitco)

Seems to me Gold and precious friends are suggesting breakouts in progress into some kinda primary third upleg (knockers will wait for break thru last leg highs before waving the white flag on this but by then more cream missed IMO).

Commodity prices are already in deep blue ........ uranium, nickel, LEAD even etc as the USDX heads for retest of last leg low circa 79 ...... THATS THE LINE IN THE SAND FOR MINE and the paper arsonists are gonna wreak havoc if it falls below and confirms its big'un is in progress (IMO).

Gold and Copper have IMO been manipulated down as if Uncle Sam's health depended on that perception (as it does IMO) cos they are the two that are considered as "inflation alarms" and can be manipulated (so far at least) ...... the latter with the help of the Chinese politicos (IMO) but now fast catching up to mates based REAL demand outa China ........ I'm here watching the construction cranes blot the skylines in ALL cities I have visited and even watched unwinding of rolls of copper wire power lines for both inside the new skyscrapers as well as to them from the grid ........ awesome development going on. Saw it last year too so couldnt for the hec of me work out WHY copper price was being crunched so hard based all this obvious increasing demand ........ then it all added up when I noticed it coincided with Bakers visit to China earlier this year and which resulted in immediate and COINCIDENTAL crunching of gold and copper prices to IMO create perception there was no inflation in the system .... so they wouldnt have to increase interest rates at a time the US housing market was on the brink of broad debt default implosion ...... ie no inflation, no need for rates increase, so JUST KEEP PRINTING MONEY to keep the system alive ........ M3 at 15% pa ? No wonder the Chinese are anxious in replacing their trillion USD reserves into HARD RESOURCES ASSETS in a hurry (???)

Sorry guys but have to go into this as a personal clear thinking exercise so u can scrutinise all u want cos if above is indeed so, methinks we are on the brink of an explosive precious metals UPWARD PRIMARY LEG which will prob see Casey's 1650 target for gold much sooner than later ........ and then well beyond IMO ....... with PGMs etc at least keeping pace. All part of the long term GORM on which I base all my strategic investment decisions ....... PERSONAL and IMO.

So, I again ask the question and would love to see directors giving us some IDEA of where in fact CRITICAL MASS lies for PGM's EXISTING ASSETS and espesh Santa's Toyland, the Skaergaard resource monster in Greenland. What happens at say, gold price 1000 bucks an ounce, platinum at 2000 and palladium at 600 say ??? These kinda prices IMO are staring to look likley conservative given the USDX is now around 81 with red flags waving if it breaks below 79 ???..... that aint too much buffer remaining for mine.

(PS Btw I still expect copper price to hit 6+ bucks some time in its third primary ..... are we in it now?)

Anyone close to our leaders here should give them a serious nudge and press for some kinda feel on that CRITICAL question. Personally happy to only be interested in the numbers on the 6 mill ozs GOLD resource base in that 6% core at around 2g/t of the broader 50 mill ozs Skaergaard resource monster. Come on guys ...... that fairytale is starting to take on some real shape here as the precious metals cycle moves into upward overdrive.

All personal opinion and speculation and based on lotsa personal assumptions and beliefs but Im holding onto to every precious bit of title I have in the Ice Queen and may soon be wondering why I aint adding to my core locked away under double lock atm. I WANT TO HEAR WHAT VISION THRU THEIR COSMIC SMOKE ta ..... mine thru mine is making me dizzy atm.

IMBOOC praise Aphrodite.