Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (7507)	2/10/2002 9:43:46 AM
From: Louis V. Lambrecht	Read Replies (2) of 36161

vt - gold, take your pick. LOL. If he Dow was to tank 4500 - 6450 and the Dow/Gold ratio mimic other throughs (5 - 10 ) cairns.net.au this would suggest a gold price anywhere between 450 and 1290 to fit the theory. Others: HGR (Canadian miner) 1980 high of US $875 per ounce (US $1600 per ounce in current dollars) hrg.ca Either you believe 'em, or you dump the shares. :-) amergold.com ($ 1700, also has Dow/gold ratio bars 1915-present) $1000 in an overshoot: John Hathaway Brainstorms toqueville.com If you missed it, Nick Laird's graph of the gold cycle. Next top in early 2004? sharelynx.net Has been coincident for a long time, why not this time? I've found more compelling evidences of gold to go up, than arguments for a through. And I subcribe to russ "wall of worry". This will go up without real dips to enter or add to positions. 350 this year and 400 next year is all what I ask. A stampede would endanger the whole financial system, possibly causing more harm than the profits we could have from our gold investments. BUT, this is looking more interesting everyday. And if this only is a bubble, ride the bubble and jump off when it pops.

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