us$825.00, page-4

I am expecting a retratction to the 750s before the trend begins to turn.

While I am bullish on gold in general, it is this type of recurrent occurence that makes me wary about investing more heavily in gold companies (although I am happy to accumulate physical gold as the price plummets).

While the failing fundamentals tend to suggest that gold should be outperforming, gold is yet again failing to measure up to the expectations of investors.

I for one will be waiting until the remaining $350b of the Bush stimulus package for the financial sector and the massive Obama package/tax cuts go through and consumer spending shows signs of improving before committing any more funds to gold.