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Daily Digger - Wednesday Feb. 23, '05


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Stealth Oil Bull Move

 

Haven't paid attention to oil since it hit $45.00 Just noticed yesterday it hit 51.50. The news is strangely silent this time. I wonder why gas prices in the US are not at record highs, considering oil prices are? Is there is still old inventory keeping gas prices in place?

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Careful or you might mistake this for a bull market. Anyone starting to believe?

 

Feb-Apr: XAU 88 - 115

Apr-May: XAU 115 - 105

May-July: XAU 105 - 135

July-Aug: XAU 135 - 125

Aug-Oct: XAU 125 - 155

 

Article

 

Sometimes I don't even believe it.

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Careful or you might mistake this for a bull market.  Anyone starting to believe?

 

Feb-Apr: XAU 88 - 115

Apr-May: XAU 115 - 105

May-July: XAU 105 - 135

July-Aug: XAU 135 - 125

Aug-Oct: XAU 125 - 155

 

Article

 

Sometimes I don't even believe it.

 

your Feb- April target would mean the XAU upthrusts the trading range highs and then pulls back to support

post-326-1109192639_thumb.jpg

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Canadian Budget announced today - big change , we are now allowed to hold Gold /Silver coins, or certificates in our Registered retirement plans . This is I think big news . They also dropped the 30% Max foereign content rule and will be increasing the amount of allowable limit to $22000 per year within 5 years.

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