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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.87

+3.6%

Dec 11 4:00 PM EST

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To: Real Man who wrote (90562)	10/14/2002 12:09:54 PM
From: IngotWeTrust	Read Replies (3) of 116814

I thoughtfully disagree, Vi. Not only is this NOT indecision, I'll go so far to say as it is trading range management similar to what we saw in the gold market following both the LTCM fiasco, and the Ashanti/Cambior hedge melt-down. We have Fed discount window rate limiter upon financials... We have M-1, 2, 3 money supply "bands" We have currency S&R Why shouldn't we be observing the trading bands imposed by 900# canaries singing the NY Fed gold song? Again, I remind you...this is the type of "squelch and quiet period" we have historically observed on 2 prior occasions. I strongly suspect this historical precedent is underway at this time. We have a war to finance, and to do so with foreign money--because the American Taxpayer is in hock to his/her ears--we can't internally finance it. Therefore, a strong dollar/"managed to lower" gold scenario is the only IRAQ LONG TERM OVERTHROW AND OCCUPATION agendae dead-ahead, is the only one that makes sense to me. gold_tutor

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