| From Mineweb.co.za: Recent market activity actually strengthens the case for a sharp snapback in the metal's price and new all-time highs later this year. January has been a difficult month for gold, so much so that many market mavens - analysts and investors alike - are abandoning their bullish expectations.
From its year-end 2010 price near $1,420 an ounce to its recent low just over $1,320 gold has so far shed some $100 - about seven percent. Measured from its all-time high just over $1,432 in early December, the recent decline is less than eight percent. Either way, in percentage terms, this doesn't amount to much of a correction in the metal's 10-year old bull market..............................................Full Article: Source
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