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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (23314)8/26/1999 8:56:00 AM
From: Tommy Dorsey  Read Replies (3) of 34811
 
I keep a little ABX in reserve but gold has turned on me many times in the last few years and I'm gun shy now. The problem is the central banks like England that say they are going to sell gold but never do. Every time they say something like that gold gets blasted. They knwo the only real money is gold and if they sell their reserves their currency will decline. One cay they will not be able to talk itdown and we will see $600 gold. That's why some in reserve that you never sell is needed. Because when it goes there will be no getting on the train. No one will believe it. T
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