Gold breaks and holds $1300

Gold broke US$1,300/oz overnight in New York trading and has so far managed to hold and consolidate during Sydney, Asian and London trading. The test of this level will be New York trading tonight as often the gold price trades down going into the weekly close as the day traders sell winning trades so they can buy blow for the weekend.

chart from goldprice.org

Happy Valentine's Day

Happy Valentine's day to all my blog followers. To celebrate I thought I would post possibly the greatest love song ever written, Split Enz's "Message to My Girl". The first version is Neil Finn with the New Zealand Symphony Orchestra (skip the first minute) and the second is the original music video from Split Enz.