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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: long-gone who wrote (59893)10/17/2000 11:26:29 PM
From: Rarebird  Read Replies (2) of 116764
 
<I have stood bravely and stared into the abyss, It is only another hole.>

Richard, I don't think you should give up. I came to the full realization today that a "hard landing" is coming. Greenspan is going to be forced to ease dramatically. The XAU is very interest rate sensitive and will rally strongly. I don't know when it will happen. It could take a couple of months or a couple of days. But it will happen. I also don't know how high the POG will go. Maybe $100 higher from these levels today.

COMP 2500 is about where the Internet and Dot Com mania began. A break below that level could be what gold needs. The Dollar is real resilient. It has got to break at some point.

Please, Don't give up, Richard. I've almost gone insane myself during the gold bear. I'm going to buy some gold stocks soon.

Health, Humanity, Love and Friendship are greater than Profit.
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