BIGRODDY and PP
You guys might be right on and I know McLaren forecast a copper fall and just admitted he got it wrong.
I have to say I see gold as due for a $200 fall and gold is a forecasters nightmare.
For gold the 65 period ma weekly has been the best support since 2001 IMO and weekly momentum is dangerous here. Support around 710 at the moment.
It probably suggest US$ strength ahead as crazy as that sounds.
I remember the Jap renegging on minerals and wool prices in the past and so regardless of any contracts entered into I wouldn't treat them as a guarantee.
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