What we need is Gold prices to break through the resistance level at $1,350 to $1,375, which would then confirm the six-year technical base and set up a larger rally... BLK will fly past the 10cent mark if this was to happen.... at the moment we are still in a grey area regarding the Gold Price... As soon as this $1,350 to $1,375 area goes, which I do think will happen this year mostly when the dollar rally kind of tempers itself and neutralizes, that puts gold on the path to $1,450... BLK obviously gets heavily traded, near $4million churn today... definitely consolidating and edging up, but we are so predicted by the POG, we need a rally on gold right about now and production to increase...
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Gold $1,763 boom, page-29
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