Some Useful Excerpts:
"What we still haven?t seen in this gold market, which is very much still in a long-term bull mode, is the wholesale entry into the market for physical gold and all of its derivative manifestations by mainstream investors. Despite its remarkable performance since 2003, it remains a fringe investment, a mere hedge in the portfolio against other factors. "
$200 Oil, $2,000 Gold, James West
http://www.gold-eagle.com/editorials... "Now that gold has exceeded its multi-decade high of $850 an ounce we hear some folks saying that the rise in gold is over. They write and say that the fact that gold has had a dramatic decline in price means that the bull move is over. If they would look a little closer they would see that gold is doing exactly what it should do. It should and is in the process of testing its previous all time high of $850 an ounce. Once again, just like platinum, copper, and crude oil, the test is for the purpose of proving that the old multi-decade high of $850 an ounce is now the new support level. Part of the testing process for gold may be a slight decline below $850 in order to dump a few insecure doubters. Let us not allow ourselves to enter the realm of insecure doubters"
W.D.Gann
http://www.gold-eagle.com/editorials... "It does appear that certain players want to see the commodities go down in price, and they may very well. Oil has been in a blow-off stage for awhile now, which is getting very risky to be sustained without a correction of some degree.
So, there is risk in the commodities of a short to intermediate term nature, however, the long term trend is still up until proven otherwise. "
Gold & Silver Report - Gnazzo
http://www.gold-eagle.com/editorials... "Our conclusion is clear. While we are going through a correction with a real risk of a fall towards the $800-$825 level it is just that ? a correction within the context of bull market. That correction should end over the next few months. We should then embark on another up leg that could prove to be the most spectacular part of this bull market in Gold that got underway back in March 2001."
GOLD BUBBLE! WHAT BUBBLE? by David Chapman
http://www.gold-eagle.com/gold_diges...