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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (40719)6/20/2000 2:17:00 AM
From: Rarebird  Read Replies (2) of 42523
 
Heinz, most of the commercials and producers themselves don't even think a sustainable gold rally is possible any longer. If a 37% decline in the Nazdaq couldn't bring much of any new buying in gold stocks, I wonder short of a 2/3 decline, what will do it. The Gold market may be beyond even a contrarian point of view that can move it to the upside. It's almost hopeless. Yet I still see Gold surpassing its all time high sometime this decade. Gold is money that does not represent anyone's debt. But debt is good in this market, the more the merrier. It is such a vicious cycle that is so extremely difficult to break, I wonder what it will take to do it. It defies all logic and rationality.
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