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Wednesday, February 14, 2007

Bulls Looking "Golden"

Technicals controlling the Gold market. Gold futures rose to their highest levels since August of 2006, as a weakening US Dollar and large fund buying have sent prices soaring. Lead-month April Gold hit a high of $675.00 early this morning, as rumors that a large fund was a big buyer of Gold in Tokyo sent bears scrambling to cover losing short positions. Read More....