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Message: Dale on Radio

Thanks for the efforts with sorting out my video, and for the summary of the radio interview. San Gold has been my biggest single company investment over the last year or more, so the San Gold news is pleasing.

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I quite like reading Bob Hoye, and he has this on short term gold.

http://www.321gold.com/editorials/ho...

'Gold concluded Wednesday with a "outside up" reversal, having made a new five week low and then closing above the previous day's close. Comparable examples are displayed below. Note that it is common for the price to rally for a few days, but then make a deep 60% to 80% retracement toward the low of the outside day. The only example to retrace less than that was January 2008 when prices made a new high and then a 50% correction. For now we would advise using any $50 pullback by March 27th as a buying opportunity. Risk should initially be controlled at $890.'

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