Stick with me, and I'll make you a tonne.

To show that I have been recommending gold at the cycle bottom, you just have to revisit the recent archives, including this Week In Review.

You can also revisit the TW December 4 Week In Review to see my call at the recent cycle top. But to save time, and stress on a server that is no longer active, here is what I published then.

December 4, 2004 Week In Review: #4: The Glitter of Gold Now in Doubt

The price of gold rose to $455.58 on Friday, about the same as it closed the week earlier. But gold might be losing some of its shine because it opened the week at $452.03, then rose some before dropping back to that level early Friday before suddenly rallying to $455 on news of Basque separatist bombings in Spain. Investors know that a weaker U.S. dollar makes gold, which is priced in USD on world markets, more attractive to buyers using other currencies. But investors are also concerned that the European and Japanese central bankers might get together in support of their currencies, and soon make purchases of the USD. So the cracks in the gold market are starting to show, led by shares of many of the goldminers.

Ka-ching! Four bells.
BCara@BillCara.com