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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: ild who wrote (30804)10/24/2000 3:38:50 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
no, it has been decided that the XAU will be transformed into an object lesson of an utterly bounceless bear market...beats me why it is so ignorant of gold's relative stability. in fact, non-USD based miners will probably have a banner year of juicy profits...you may remember that i touted GOLD (Goldfields) from time to time...as it turned out, my basic premise for doing so was entirely correct: the co. is reporting one strong quarter after the other. however, the stock has just gone down to re-visit its all time low. the valuation the market accords this stock is plainly ridiculous...but then, that's bear market psychology at work.
imagine the NAZ at a ridiculously low valuation for a moment...just for laughs...
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