|Louise Yamada, managing director of Yamada Technical Research Advisors LLC in New York and the former head of technical research at Citigroup Inc., sees gold surpassing $730 this year on its way to $3,000 within a decade. She cites the metal's inverse relationship to the dollar as a ``consistent'' reason to buy.|
``If it fell below $600, that would just mean we're going to have a longer repair process,'' said Yamada, voted Wall Street's best technical analyst from 2001 to 2004 in surveys by Institutional Investor magazine. ``At the moment, $600 is a good support level.''
Posted by Julius Wong on GPM 1/3/06