According to the talking heads, the ECB is going into a race with the US Fed for lower rates. This has been the spin basis for the gold decline based on the spin of lower interest rates in Euroland to produce a euro decline.

1. Whatever the gold price was to do on the downside will end by the first week of May.
2. The US dollar is going to trade at .5200.
3. The euro will trade at a minimum of USD$2
4. The gold price will trade at $1650 on or BEFORE January 14th, 2011.
5. $1024 was the first price block on the first move above $1000.
6. My job is bottom identification, not tops, because there is no top to the gold price for a long time to come. I gave you $1024, but that is as close as I will come to calling any top before the top.
7. Even the article below is written backwards to confuse. If you can’t spin it, confuse it. What it says forward is that the ECB will not get into a race with the US Fed on lowering rates.

Source: http://www.jsmineset.com/ARhome.asp?VAfg=1&RQ=EDL,1&AR_T=1&GID=&linkid=6102&T_ARID=6157&sCID=204&sPID=2&cTID=0&cCat=&PRID=0&cSubCat=&archive=&highstr=&UArts=