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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.64+1.2%Dec 17 4:00 PM EST

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To: Crimson Ghost who wrote (55940)7/8/2000 3:01:14 PM
From: Rarebird  Read Replies (1) of 116815
 
The Passion of a Great Bearish Faith has caused many Financial Ruin....

Technically speaking, the Gold market is in Chaos. Many of the E Wavers in regard to the gold market have been very wrong in regard to their forecasts this year. When you read them now, you get a lot of chaos, ambiguity and confusion in their analysis:

members.home.net

I think we need to take a fresh look at the fundamentals to get a glimpse of where Gold is headed. IMHO the danger in the Gold market lies in the perception that a soft landing is imminent. Woe to gold if a soft landing comes about. I think a soft landing is slim and the economic cycle has not been repealed.

The dollar will write the script for Gold.
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