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Gold/Mining/Energy : Gold Price Monitor
GDXJ 120.00+2.0%Dec 22 4:00 PM EST

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To: philv who wrote (3073)11/12/1997 5:30:00 PM
From: Richnorth  Read Replies (2) of 116822
 
Hi philv,

I agree 100% with you that there has to be a big sell-off in the markets before gold will shine again. Trouble is when will that happen. It is desirable to know this (a tall order!) because they say that timing is vital to making profits.

What is clear now is that, according to the Last Bullet Principle, gold is the last bullet. Bonds (paper) now has its day. When that is done, it will be gold's turn! I hope it would not be too long from now. It is so very hard to tell as we live in interesting/unusual times.

Richnorth
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