The following comments were sent to Myra P. Saefong, Financial Writer at Marketwatch.com, at 9:21 AM EST.
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Happy New Year!
The Precious metals, with the exception of Copper, have jumped out of the starting box and look ready to run to new highs quickly. I believe that the number one investment for 2006 will be Gold and I like the way it's beginning the new trading year. As I've said previously, there's a lot of upside left in the entire metals complex and, as some of the financial uncertainties become more clear as we head into 2006, Gold is going to take the lead and achieve exceptional returns for traders who continue to focus on the long-term trends in these markets. Traders who exercise patience will be rewarded handsomely. I don't like to make predictions but I truly believe that new all-time highs will be achieved before this secular bull market in commodities, and specifically the Precious metals, finally runs its course.
Dale F. Doelling
Chief Market Technician
Trends In Commodities
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