Update 10-Sep-2005 :
The gold spike in USDs is scary and look at those gaps that the likes of ASA and GDL have to fill - the pullback when it comes should present an opportunity..... before running up to a peak around $457..... before the Katrina debacle, gold was headed for a dip at beginning of Sep before topping at $457ish in Oct/Nov, but now what? ..... a smoothing of the the volatility or an ongoing earlier than expected run to $457ish, in company with a Eur/USD rise to 1.3 plus? ..... Then what? Probably one more tradable $ recovery and buyable gold dip, before $ secular downtrend and gold secular uptrend resume in Q 1/2 of '06, I reckon.....