Below are the 3 most recent journal entries recorded in sellgold's InsaneJournal:

Monday, June 8th, 2009
3:38 am	U.S. Dollar determines the development of the gold price After about half a month stay under the 900-dollar mark, the price of gold is now rising again. The ounce of gold now costs 950.24 USD (684.93 EUR), the kilogram is quoted at 30,554.20 USD (22.023,47 EUR). The strongest trigger for the price increase is mainly due to the weak U.S. Dollar. Nevertheless, the euro could at times of 1.33 to $ 1.40 value. Some experts are even now so that the price of the yellow precious metal up to 1,225 USD per ounce will attract. The forecasts for the development of the gold price will remain different: ranging from $ 675 to $ 1,600 per ounce for the last quarter in 2009. A relatively weak U.S. currency is likely to inflationary global liquidity effect. The U.S. central bank might theoretically end without printing money, but gold can not produce. The precious metal as an alternative should therefore lead to dollars for investors to be very attractive. Since the record high of March 2008 is the yellow precious metal in a phase of consolidation. A significant resistance zone is the highest in February 2009 for 1005 USD per ounce. Since a sustained increase over that mark so far not succeeded, you can at the moment of a solid hold on gold talk. Nevertheless, further increases in the price of gold in the near future is not excluded. (Comment on this)
3:36 am	Year-on-year fall in gold prices is expected With 973.50 USD (691.67 EUR) per ounce and 31,298.75 USD (22.237,76 EUR) per kilogram, the yellow precious metal after a downward movement is now a relatively good soil and can also be found upward trends reported. Gold that is usually due to the strong currency character and his function as a safe investment in times of crisis, a special status enjoyed by a slump so far largely spared. The important mark of 1,000 USD in February could even be broken again and sometimes it came to delivery problems for bars and coins. Even the gold stocks of exchange-traded index funds show the massive increase in the interest of investors in an impressive manner. Meanwhile, the financial crisis on currency lost much given the price of gold but not so. The current weak dollar is probably the main reason why. Although the latest forecasts an upward movement in the yellow precious metal said, there are experts who are bigger inflation worries for years to view premature. Against the euro, the U.S. currency probably upgrade again, because the Fed in the near future, the key probably tighten again. This should be the uncertainty in financial markets subside, and a declining gold price over the current level of lead. As inflation worries still exist, will the price drop may be limited. A decline to $ 860 per ounce would still likely. (Comment on this)
3:33 am	1,000-dollar mark within reach The ounce of gold currently costs 980.40 USD (688.83 EUR), the kilogram of the yellow metal is at 31520.59 USD (22.146,37 EUR) traded. On Whit Monday yesterday quoted gold at times even at USD 987.20 per ounce and the mark of 1,000 USD is therefore within reach. Above all, the weak U.S. Dollar is still the driving force behind the gold price. Restricts the increase in the price of gold only to the U.S. Dollar room, but you should be careful of an imminent global inflation or even hyper-inflation talk. The interest rate structure in the United States obviously shows a much higher inflation expectations, so that statements about this - if ever - only on the dollar-space can be obtained. In recent years, had similar expectations of an upward movement of the gold price in U.S. Dollar always supported. Since its record high of March 2008 at 1032 USD per ounce is the yellow precious metal in a consolidation phase. The basic trend for 770 USD, since April 2008, is now completed. The Gold price breaks through the 1,000-dollar mark, could be the next target for 1300 is USD. However, it is needed, only the February 2009 high of USD in 1005 and then the all-time high last year to crack. If a breakthrough of these two values are sustained, the air is released upwards. (Comment on this)