Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (9765)	4/15/2003 5:22:34 AM
From: crustyoldprospector	Read Replies (2) of 39344

Hi jims, An up move in the DOW would be the spark for a mini-collapse in gold, IMO. However, the bet that the dollar tanks and gold goes up seems more likely: quotes.ino.com As the chart above shows, counting from the most recent dollar high at 120, we are in the process of completing a 4th wave in the dollar downdraft. Wave 5 should bring it to the 95 area. Probably, that move will happen soon, because the triangle (continuation pattern) that has formed since the Mar 10 low is about to complete: quotes.ino.com IMO May will not bring flowers to the US$. Regards, crusty

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