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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: ubetcha who wrote (13902)5/7/2002 7:26:54 AM
From: sea_urchin  Read Replies (1) of 81417
 
Terry >What is your feeling about the longer term? 1-2 Years.

I'm a chart man --- I leave my feelings for the bedroom!!

The charts, however, are telling me that this move could be sustained until previous long-term highs, or maybe even higher. So, I guess we're talking about $400 or maybe more, but don't quote me.

At present "growth" rates, this could take a year or two. What is important, however, is to recognize that, when the present turn is confirmed (say at about $330), there is no more bear and the rise in the price of gold could, theoretically, go on for ever or certainly until there is definite evidence that it isn't going up any more.

As I keep saying, "Sit on your hands"!
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