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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.98+0.6%Nov 21 4:00 PM EST

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To: goldsheet who wrote (40992)9/27/1999 5:41:00 AM
From: Bobby Yellin  Read Replies (5) of 116764
 
Hi-you are a major indicator now ..have you gotten any offers yet
for your dot.com?
I hope you and others speculate as to why the change in policy by
Central Bankers?
I wonder if they are tired of the speculators interferring with their
party? or if they rather were terrified of the party they have created over the past years..
Also wonder if they are terrified re Japan's feeble recovering..
Wonder if they were terrified over possible huger potential short squeeze now the road..
It seems by this action they are finally taking the air out of the gold potential balloon..
I can't wait to hear Larry Kudlow..he never seemed to mention gold and central bankers..he seemed to totally ignore that..one itsy bitsy variable..which has held down the market
At this point, anybody want to speculate at where gold will stabilize
at now ..what would be fair historical value now..
It will be interesting now to see where canadian dollar goes and where it stabilizes and if that hurts the Canadian economy
Wonder if we are beginning to see the Central Bankers stop trying to
interfer with the global markets..I wish I had been a fly on the wall..
I don't think this the end of the bull market in stocks..I think this
is exactly what the markets needed..kill those carry traders..let the markets start trading more on fundamentals ..
ps on the fundamental side..it would seem that Bill Gates was the creator of the improved economy in the USA..I still don't see how we
could have a recession now with the internet growing and with high
tech stocks providing corporations with the needed software and broadband..
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