Thanks, mr. ed. Indeed very very good news, it looks like WRM will be $7.00 very shortly. That $4.00 is too much under estimated long term. I would like to see that gold trade above that $300 or even much better that $350 or $400. But as it said" no one can really forecast that gold price.""
Watch the ticker closely, that is it. Next year Y2000 is good year as tax cut fiscal policy is booming plus US general election coming up, for sure gold will be above that $350 for next year. Now gold is base building.
Tech wonderful train is still runing upward and forward, but watch for the bubble broken, many gurus now forecast that Nasdaq is shooting to 5000 marks.
I heard this before when gold hit $700, or $800, many gold gurus were forcasting gold would be $1600 or even $2,000.
But that $800+ was the peak for gold in 1979-80 era. Now Nasdaq could have the same history repeating by itself /????.
Stay tune and watch that ticker one day at a time.
John Paquet
BTW: FED let interest rates unchanged, and that bias toward Neutural, Nsadaq +127 the biggest ever. This indicates that Tech wonderful train culd last til next FED meeting in FEB, 2,000. Bullish! Bullish! Bullish TECH train. |
