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Gold/Mining/Energy : GOLD-XAU
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To: Broken_Clock who wrote (1678)9/28/1999 5:10:00 PM
From: IngotWeTrust  Read Replies (1) of 1756
 
And I expect the fed to hike another qtr next week. Why? To look "vigilant" re: gold, its most hated harbinger symbol of inflation. If inflation wasn't an European concern, then why else would the CBs want to quit pouring golden sand down the leased rathole? CB's know 24/7/365 US Money Printing under the guise of Y2K--repeated ad nauseum by every sovereign nation on the planet--is inflationary. Always has been. Always will be.

Just remember one thing:
tremendous upthrusts can correct their overbot condition by trading sideways, until the proverbial flagpole topples over as they usta say in the tech talk days of John Bollinger. They don't have 2do the fib numbers thing if they can get the same accomplished by fib time fan, a/w/a the gann angles squaring, etc.

Would be fun to see a peak at an Advanced Get XAU extrapolation today, don't you think???

O/49r
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