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Pastimes : All Clowns Must Be Destroyed
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To: Joan Osland Graffius who wrote (24202)4/8/2000 10:40:00 AM
From: Tom M  Read Replies (2) of 42523
 
Joan, don't you think we have to be getting awful close to the time Mr. Market starts pricing in the end of the term of it's biggest fan and slush fund manager Mr. Clinton? Although I'm sure the "polls" wouldn't show it, I think there's less brain dead people out there than a look at the indexes would have one think. The true commitment of the "new economy" BS'ers was awful apparent in Tuesday's action. They'll never, never, never sell their new economy stocks that are based upon true productivity gains, no inflation, and a Clinton/Gore in the white house - yeah right ;-)

And gold and silver are priced below what it costs many producers to take it out of the ground. That's sure justification that the true equilibrium price must be much, much lower;-) Many of the juniors are cash only stocks and can no longer be threatened down with margin call scares. Not much time left in this administration to take gold down to $195 & certainly less time to keep it there if it happens IMO. What's your take on the article you posted?

[edit: I got disconnected before posting this & just read your comments on the article. Man did that inspire the same analysis or what. Wonder how many others will think this way over the weekend. regards.]

thanks in advance,
Tom
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