gold appears in real trouble, page-5

Gold's doing just fine -- the fact that it has left the late Feb. '07 high in its wake is bullish.

It is now on track to take out the May '06 high of $732 and it would not surprise to see it crash through this very strongly.

Then it's the $800 target next.

It will not be a 'straight line' movement - it never is with gold but I believe it will get there.

True, as pointed out by some, the rise in the $AU will mean that quite a few gold stock on the ASX will 'go nowhere', but this will not apply to all.

The trick is to buy the 'right' gold shares OR buy the physical.

There's money to be made in gold but it's not going to happen by throwing money at a dartboard of Aussie gold stocks - precise aim is needed.