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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (63139)11/27/2000 1:21:20 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Thans Joel, I am a bit removed from the market on a day to day basis, but gold has ways to go IMHO, ( or may be I am a contrary indicator <GGG>)it is as much a store of value as it is an industrial metal.

A slow down will lower gold consumption from industry in general and jewlery demand overall. I am not sure that the gold bugs will be able to push the balance.

A substantial crisis in currency markets such as the collapse of the US dollar or dismemberment of the Euro may trigger a gold rally.

BWDIK
Haim
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