Jan. 5 - Gold $423.80 - Platinum $840.00 - Silver

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Ivar Kreuger:

Jan. 5 - Gold $423.80 - Platinum $840.00 - Silver

 
06.01.04 07:48
Jan. 5 - Gold $423.80 - Platinum $840.00 - Silver $6.19
Gold ($423.80 up $8.60) SOAR SOON TO MOON!

I've never known a man worth his salt who in the long run,
deep down in his heart, didn't appreciate the grind,
the discipline... I firmly believe that any man's
finest hour -- this greatest fulfillment to all
he holds dear -- is the moment when he has worked
his heart out in a good cause and lies exhausted
on the field of battle -- victorious...
Vince Lombardi

GO GATA!

GO GOLD!!

What a day! Haven’t had many of these over the last
five years.

Gold and silver came in higher and then shot up.

Gold opened a couple of bucks to the upside and
took off, making new high after new high.

There was only one brief sell-off of note and Gold
closed less than $1 off its highs of the session,
breaking the $6 rule in the process.

Silver rose in fast market conditions early, going
$6.26 bid in the early going.

It gave up half its early gains during the session,
but came right back.

The performance of both Mother GOLD Precious Metals
was impressive.
Gold not alone ~ Platinum rocketed $29 to $840 per ounce,
which is just where Gold soon will Go –
most certainly by next ride to the moon.

Silver left its second huge gap, which is very unusual.
Could both be breakaway gaps?
We shall see.
Would not want to be short, not with the cabal in deep
trouble and not with the CRB making new highs
(263.49, up 5.73) , led by surging crude oil (black Gold),
$33.78, up $1.24.

Veteran Café members have heard me mention over the years
that silver will move $1 in a single trading session.

That sort of move might not be far off.

Could we finally have our Gold breakaway gap?
Only time will tell, but this one looks promising.

Gold will now need to drop $8.60 from here to fill
the one left today.

Gold made 15-year highs, while silver made 5 ½ year highs.

Many Café members commented the past few days how little
Gold, Platinum, Silver etc were talked about over the
holiday when it came to the pundits picking their top
investments for the coming year.
Incredible mmm's!

I noticed the same thing, which of course is SO BULLISH,
and what I keep muttering in my MIDAS commentary.

A few Café members queried as to why I did not put
out a MIDAS on Friday.

Mostly because Gold was closed and London barely traded.
But also because I felt I had said it all in previous
commentaries.

There was not much I could add and thought my previous
analsyes could use more attention.

Talk about pounding on the table:

December 31

Sometime in January Gold should explode!
The reason will probably hit the market out of nowhere.
The shares will soar beyond present day comprehension.
Those out of position will find it very difficult to
re-establish positions.
The unusual amount of caution and short-term bearishness
of so many Gold share players make the likelihood of a
very bullish surprise that much more probable….

Consider recent readings from the Hulbert Gold
Newsletter Sentiment Index (HGNSI), which measures
the average exposure to the Gold market among a
subset of Gold timing newsletters tracked by
the Hulbert Financial Digest.
As of the market's close on Tuesday, the HGNSI stood
at 11.5 percent.

December 30

Two Gold related points stand out:

*Bullion is breaking one technical barrier after
another and doing it with little fanfare.

It seems the media would like Gold to just go away.

Unfortunately for them, it just keeps going higher.

I get the sense they don’t want Gold’s rise to take
away from all the celebration over the big year the
stock market had.

*While Gold continues to break into new high ground,
there is little volatility.

It continues to creep up.
This is very unusual.
Normally, there would be all kinds of activity when
a market does what Gold has just done.
It seems since The Gold Cartel cannot stop the Gold
price rise, they intend to keep the rise as calm
as possible….

It also seems to me this is the calm before the storm.
Whether it will be the continued fall of the dollar,
a geo-political event, or some kind of financial
market debacle, something is going to trigger a Gold
price explosion, one which shouldn’t be too far off.

The gold derivatives neutron bomb is going to ignite
at some point which should trigger our long awaited
Commercial Signal Failure….

Gold appears to be building steam for some serious
upside fireworks.

There is plenty of fund buying power out there which
should send the prices of both Gold, Platinum, Silver
soaring in the weeks ahead.,,

Gold, Pt, Silver appear ready to skyrocket in price
as we head into 2004.

There will be a slew of money managers all over the
world who will want to be putting money to work in
the Gold share sector.
It will be a sight to behold!

December 29

Silver spent most of the day trading up around 15 cents
before closing on its highs.
Gold gradually worked its way back, closing in 14-year
new high ground, but still $1 off its highs.
What is so remarkable is Gold can achieve such a
technical achievement with so little fanfare.
Nobody seems to care.
Same comment from me that Café members have heard for
months.
HOW BULLISH IS THAT!!
The Café Sentiment Indicator is still only a 5, or a neutral.
Very few of the Gold pundits are jumping up and down bullish.
Almost all have qualifications about being long Gold, Pt,
Silver Mining shares.

HOW BULLISH IS THAT!!..

*THE GOLD STALKER input has been incredible.
Every time I get word this "Gold buying group" is in
the market, Gold moves higher.
Just as I was writing this, I received a phone call
from "Mike," my STALKER source.
He tells me THE STALKER was in the market today and
they are going after $1.4 to $1.6 billion worth of
Gold in the near term.

*Now, it appears my silver source is spot on too.
From the December 23 MIDAS:

Hi Bill,
A gold and silver dealer that I know told me today
that he recently spoke with a very large coin and
bullion dealer that he deals with, who told him
last week that Warren Buffet has been buying a
lot of silver.
Buffett is also buying futures and
plans to take delivery.
This large dealer said that
he expects a short squeeze by Buffett soon.

My dealer stressed that he has dealt with this
large dealer for twenty years and he is
not prone to exaggerate…..
-END-

GATA BE IN IT TO WIN IT!

The Crystal ball ~
~ Video Clip from GATA about GOLD ~
www.smartstox.com/interviews/gata.html

EGX - all data
cbs.marketwatch.com/charts/...ick=1&rand=642040431&siteid=mktw

EGX - one year chart
cbs.marketwatch.com/charts/...ick=1&rand=244716823&siteid=mktw

Officers


WILLIAM P. MCLUCAS
Chairman of the Board

GRAHAM BEVAN
President

HARVEY MCKENZIE
Chief Financial Officer

AMAN K. ADILKHANOV
Vice-President

Contact Eurasia Gold

Phone: 416.504.2899
Fax: 416.504.2729

Suite 2215 - 120 Adelaide Street West
Toronto, Ontario
Canada
M5H 1T1

www.eurasiagold.com

Kazakhstan - Eurasias new Texas!

"We are a valiant people, sons of honour,
And all we’ve sacrificed to gain our freedom.
Emerging from malicious grip of fate, from hell of fire,
We scored a victory of glory and success

Refrain: Soar high up in the sky, oh, eagle of freedom,
Call up to harmony, agreement and accord!
For hero’s might and strength is in the nation,
Just as the unity is nation’s razing sword."
- Excerpt translation from the National Anthem of
the Republic of Kazakhstan.

The sovereignty and independence of Kazakhstan

Nine years have passed since Kazakhstan made a historic step when it
declared its sovereignty on October 25, 1990. Those years were noted
as great challenges to the people of Kazakhstan as well as triumphs.
During this happy holiday you and the people of Kazakhstan may be
proud of achievements of your country. We are ready to work with
Kazakhstan to promote prosperity, democracy and stability while we
are entering together the new millenium.
- From the message of U.S. President B.Clinton, October 1999

DD: Eurasia Gold Corp. (EGX:TSX-V)
Email: eurasia@eurasiagold.com
Website: www.eurasiagold.com

The charts tells where the GOLD is!
stockcharts.com/webcgi/perf.html?EGX.V,THT.to

GOLD from Kazakhstan - Eurasias new Texas!

Please do your own DD before investing.

www.eurasiagold.com

imo, Best regards,
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