WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2004-01-06 Posted By: Jan
From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 1/6/2004 4:41:19 AM
Gold at fresh fifteen year high
[Yipee!! Jan]
Spot gold on Tuesday touched a fresh 15-year high of $428,20 an ounce or the highest level since December 1988 due to dollar weakness against the euro, which touched a lifetime best of $1,2739 during the morning.
At 1205, gold was quoted at $427,70/oz — up $4,50 from Monday’s New York close of $423,20 — while the euro was quoted at $1,2737, up $0,0060 from late
New York trade on Monday.
“I thought $425 would be a significant resistance level as it was in 1988/89 but it didn’t prove to be. The gold price is being driven by the US dollar reaching a fresh low against the euro,” said a Switzerland-based analyst.
The gold price continues to move in one direction — upwards with no large profit taking happening yet.
Little major profit taking is likely to ensue as investors have few other investment options at this stage.
“The next target level for gold is $430. Funds continue to hold the upper hand in the bullion market,” the Swiss analyst added. – I-Net Bridge
Source: Daily Mail & Guardian
URL: http://www.mg.co.za/Content/l3.asp?ao=29268br>