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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: Crimson Ghost who wrote (51874)4/24/2000 11:20:00 AM
From: PAUL ROBERTSON  Read Replies (2) of 116764
 
completely agree with you George,

however, i believe that the central bank mouths are a natural part of the market process. Just as stocks are sometimes massively shorted, gold can now be too. When the time is right, nature will likely take its course. Perhaps CB buyback announcements will make the gold markets absolutely wild. Heads may very well roll when the masses complain, after the fact, how a bunch of highly educated people could have been permitted to do such a thing. i believe as you, that the dollar is now the key and one of the last pieces of the great bull market puzzle in the USA.
If the dollar continues to fall beyond tomorrow, it would mark a good starting point for a dollar bear.

paul
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