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Politics : Ask Michael Burke
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To: d:oug who wrote (68565)10/2/1999 8:23:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Doug, I don't do much in the way of predicting prices in tight time frames, such as your 2 and 3 month targets for gold. I think that gold is in a multi-year uptrend vs. the dollar due to the recklessness of Alan Greenspan and the slowing down of CB sales. Very short term, we've come a long way very fast and I wouldn't be surprised to see a down move of 10% or so. In 3 years, I expect gold to be over $500 an ounce.

I think GATA is the organization that is protesting gold sales by the Central Banks, but I'm not certain that those are the initials.

Good Luck,

MB
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